Jun 21, 2010

Anyone who has ever visited Budapest will know that the Danube flows not blue there, as promised in song, but muddy brown. A market commentary released this morning by Raiffeisen Capital Management (RCM) suggests Budapest has banished the blues in other ways too.

Jun 15, 2010

SGSS_BancorpSociete Generale Securities Services (SGSS) has just completed a commercial alliance with US Bancorp Fund Services (USBFS) under the name of Global Securities Services Alliance (GSSA).

Jun 14, 2010

Investment consultancy Mercer appointed Bill Muysken to the newly created role of chief investment officer for alternative alpha strategies within its investment management business.

Jun 14, 2010

BridgeEuropean and US fund managers running money market funds have actively adjusted their investment strategies to eliminate their exposure to the continued fiscal and credit pressures in Greece, Portugal and Spain.

Jun 14, 2010

Martin Currie Investment Management, a Scottish-based fund manager, has agreed to acquire the Sofaer Capital European long/short equity business. Sofaer Capital currently manages approximately $280m (€230m) of assets, of which $140m is the Sofaer Capital European Hedge Fund.

Jun 14, 2010

The Dutch central bank and pensions regulator (DNB) will be keeping a closer eye on pension funds, as a survey found that many pension schemes underestimate the risks of their investment policies and don't have a strong enough risk management function.