NEWS

Nov 21, 2011

BoardroomThe former chief executive officer of State Street Global Advisors (SSGA) has joined the board of directors at Multifonds, which provides software for fund accounting, portfolio accounting and transfer agency.

Nov 21, 2011

Gavel lawbooksThe Financial Services Authority (FSA) has clarified rules about when trail commission, which advisers receive for recommending products, can be transferred between advisers after the retail distribution review (RDR) comes into force at the end of 2012.

Nov 21, 2011

France_under_microscopeEurope’s fixed income managers are increasingly going underweight France, according to a sector review by Standard and Poors (S&P), in addition to Italy and Spain.

Nov 18, 2011

Asia_business_friendlyGovernments in 125 economies out of 183 measured implemented a total of 245 business regulatory reforms, according to the International Finance Corporation and the World Bank.

Nov 18, 2011

Arrow downEconomic expectations in central and eastern Europe have decreased, almost fully reversing last month’s increase, according to the Centre for European Economic Research.

Nov 17, 2011

DerivativesThe notional value of over-the-counter derivatives has exceeded $700 trillion (€520 trillion), an increase of 18% compared with the end of 2010, according to estimates from the Bank of International Settlements.

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