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Mutual fund assets in China to surpass $1 trillion by 2015
22 June 2012 China
Reporter: Georgina Lavers

A report has predicted Chinese mutual fund assets will triple by 2015 to reach over $1 trillion, and possibly doubling again by 2020, as policy changes are instituted to encourage the development of investment markets and internalization of the curre

Theft and corruption for Nigeria’s pension funds
22 June 2012 Nigeria
Reporter: Georgina Lavers

A probe committee has been set up to recover a N59 billion balance suspected to be stolen by officials. Vice Chairman of the probe committee, Senator Kabiru Gaya, told the Nigerian Senate...

Argonaut drops Ignis, welcomes IFDS as administrator
21 June 2012 UK
Reporter: Georgina Lavers

Ignis Asset Management has lost its role as administrator to Argonaut Capital Partners’ fund range, with IFDS now taking on the role as of 16 July...

SocGen SS hires two
21 June 2012 Paris
Reporter: Georgina Lavers

Societe Generale Securities Services (SGSS) has made two new appointments, both who will be reporting to Mathieu Maurier, global head of sales and relationship management at SGSS...

Eagle Investment Systems announces V12.0 release
21 June 2012 Boston
Reporter: Georgina Lavers

Eagle Investment Systems, a subsidiary of BNY Mellon, will release Eagle Version 12.0 at the end of June. John Lehner, president and chief executive officer of Eagle said...

Numerix welcomes financial software provider Dion
20 June 2012 New York
Reporter: Georgina Lavers

Dion Global Solutions (Dion) has joined the Numerix Partner Program to offer Numerix Powered Analytics within its valuation and risk management solutions...

Bernie Hughes joins Mercer Investments
20 June 2012 New York
Reporter: Georgina Lavers

Bernie Hughes has joined Mercer Investments as a senior consultant in the Annuity Settlement Group, as Mercer seeks to expand its capacity to support pension risk transfer assignments...

Vermeg acquires a stake in BSB
20 June 2012 Tunis
Reporter: Georgina Lavers

Vermeg, which specialises in securities processing and fund administration software, has acquired an equity participation in the capital of BSB...

All hands on deck for Ultimus linkup with LLR Partners
19 June 2012 Ohio
Reporter: Georgina Lavers

LLR Partners, a middle market private equity firm with more than $1.4 billion under management, has put an undisclosed amount into Ultimus Fund Solutions...

Migdal Stock Exchange Services joins SunGard
19 June 2012 Israel
Reporter: Georgina Lavers

Migdal Stock Exchange Services, the brokerage arm of Israeli investment group Migdal Capital Markets and member of the Tel-Aviv Stock Exchange (TASE), now offers trading services...

SEI to provide middle-office services for Credit Suisse
19 June 2012 Pennsylvania
Reporter: Georgina Lavers

SEI will provide Credit Suisse's asset management division with middle-office services for the firm's municipal bond portfolios. These will include fixed-income analytics...

SunGard extends algorithms to Canadian market
18 June 2012 Canada
Reporter: Georgina Lavers

SunGard has extended its suite of algorithms to cover the Canadian equities market as well as the US. Traders can trade in one currency and settle in another, providing access to traditional and non-traditional trading venues in both regions...