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It’s a miserable month for hedge funds


22 November 2012 Connecticut
Reporter: Georgina Lavers

The amount of clients giving notice to withdraw their cash from hedge funds rose this month, due to relatively weak fund performances...
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Lombard Risk launches ComplianceASSESSOR


22 November 2012 London
Reporter: Jenna Jones

A new compliance and audit application will help firms to comply with all applicable laws and regulations irrespective of jurisdiction...
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State Street CFO to retire in 2013


21 November 2012 Boston
Reporter: Jenna Jones

State Street’s executive vice president and CFO, Edward Resch, will retire in 2013 after more than 10 years in the role...
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BNY Mellon offers Baylor College a helping hand


20 November 2012 New York
Reporter: Jenna Jones

Baylor College of Medicine has appointed BNY Mellon to a variety of trustee and agent roles to aid the restructuring of its $462 million debt, which comprises four bond issues...
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Third party administrator SLPE chooses SunGard


20 November 2012 London
Reporter: Georgina Lavers

Third party administrator SL Private Equity Fund Administration Services (SLPE) has selected SunGard’s Investran to help with administration and reporting...
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CIMB leverages Fidessa after RBS acquisition


20 November 2012 Hong Kong
Reporter: Georgina Lavers

Fidessa is deepening business ties with CIMB Securities to enable its regional growth plans, with Fidessa’s software to be extended to cover Thailand, Indonesia, Taiwan, Korea and India...
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Dion’s Nova written in the stars for Omgeo


20 November 2012 London
Reporter: Georgina Lavers

Dion Global Solutions’s middle- and back-office solution Nova has received validation from Omgeo Central Trade Managers...
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Deutsche Börse and Moscow Exchange join forces


19 November 2012 Moscow and Frankfurt
Reporter: Jenna Jones

Deutsche Börse and Moscow Exchange have agreed on a strategic partnership and exchange of information to encourage further development of the financial markets...
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Moore is more for IFG Trust


16 November 2012 Jersey
Reporter: Jenna Jones

IFG Trust and Corporate Group has acquired Jersey-based Moore Group adding more than $145 billion AUA to its existing business...