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€1.4b outflows for European mutual funds


18 February 2015 New York
Reporter: Stephanie Palmer

The European mutual funds industry saw net outflows of €1.4 billion from long-term mutual funds in December 2014...
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SS&C GlobeOp sails through Annex IV deadline


18 February 2015 London
Reporter: Stephanie Palmer

SS&C’s GlobeOp Annex IV reporting service successfully aided more than 50 alternative investment fund managers with their reporting obligations, in order to meet the 31 January reporting deadline...
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Societe Generale invests in GMEX


18 February 2015 Paris
Reporter: Stephanie Palmer

Societe Generale Prime Services has become the second minority investor in the Global Markets Exchange Group...
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ESMA to focus on risks and fair fees in 2015


17 February 2015 Paris
Reporter: Stephanie Palmer

ESMA will prioritise minimising systemic risk for credit rating agencies in 2015 and 16, while investigating data quality and fees charged by trade repositories...
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95% of asset managers confident about 3-year growth


17 February 2015 London
Reporter: Stephanie Palmer

Asset management company CEOs expect revenue growth in the near future, with 88 percent feeling confident about growth in 2015, and 95 percent saying they are confident about the next three years...
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IOSCO to sign MOU with Russia


17 February 2015 Moscow
Reporter: Stephanie Palmer

The International Organisation of Securities Commissions will sign a multilateral memorandum of understanding with Russia, regarding interactions in the financial market...
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Hack highlights holes in cyber security


17 February 2015 Moscow
Reporter: Stephanie Palmer

A string of cyber attacks that saw about $1 billion stolen from banks affected 100 banks, e-payment systems and other organisations in a two-year period, according to an investigation by Kaspersky Lab...
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Allen & Overy expands Frankfurt team


16 February 2015 Frankfurt
Reporter: Becky Butcher

Allen & Overy has further expanded its German capital markets practice with the hire of Christoph Enderstein who will join as partner...
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Leap in broker fees imminent, says Catalyst


16 February 2015 London
Reporter: Stephanie Palmer

Banks may be forced to increase their capital broker fees from the typical 1-2 percent to 14 to 15 percent under increasing regulations around leverage ratio...
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GEPF chooses Standard Bank


16 February 2015 Pretoria
Reporter: Stephanie Palmer

The South African Government Employees Pension Fund has chosen Standard Bank to provide custody and recordkeeping services for its 1.5 trillion rand of assets under management...
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Eurex launches new futures contracts


16 February 2015 Frankfurt
Reporter: Stephanie Palmer

The international derivatives market Eurex Exchange has launched 31 new single stock dividend futures contracts to enhance its derivatives product suite...