All news

Irish flag

Ireland removes requirement for non-resident declarations by fund investors

Dechert’s Declan O’Sullivan and Conor Durkin outline recent changes in revenue practice under which Irish funds may obtain an exemption from the Irish Revenue Commissioners making it easier for investors to subscribe for shares/units in an Irish fund. »

Shaun Lynn, president of BGC Partners

BGC Partners acquires Mint Partners’ key businesses

BGC Partners, an intermediary to the wholesale financial markets, has completed the acquisition of various assets and businesses of Mint Partners and Mint Equities through BGC Brokers. »

Numbers and magnifying glass

State Street launches new risk services and analytics products

State Street has made enhancements to its risk analytics and servicing tools for institutional investors. »

Randal L. Oliver, Hesperian Capital Management

Hesperian Capital Management chairman to retire

Randal L. Oliver, chairman and chief investment officer of Hesperian Capital Management, will retire from the company at the end of August. »

Document and pen

Seligman Premium Technology Growth Fund to change name

Seligman Premium Technology Growth Fund will change its name to Columbia Seligman Premium Technology Growth Fund after the close of business of the New York Stock Exchange on 24 September 2010. »

Trading screens

Merriman Curhan Ford hires Joe Minton for agency options trading desk

Merriman Curhan Ford has hired Joe Minton as managing director and head of derivatives to launch an agency options trading desk for institutional investors. »

Stack of money

Navigant advises Green Bancorp in USD100m private placement of common stock

Navigant Capital Advisors, a subsidiary of Navigant Consulting, has advised Green Bancorp, the holding company for Green Bank, in closing an aggregate USD100m private placement of common stock with several independent investment firms. »

Bill Robertson, Zurich

Zurich appoints Bill Robertson as chief life actuary

Zurich Financial Services Group has appointed Bill Robertson to the position of chief life actuary, effective 1 September 2010. »

Research

Otkritie strengthens research team

Otkritie, one of the largest financial groups in Russia, has bolstered its research team with the appointment of two senior Russian equity market specialists. »

Computer screen

Prism adds funds to Skandia platform

Prism Capital Management has made its three multi manager funds available on the Skandia Investment Solutions platform. »

Handshake and money

Walter Investment completes USD14.5m purchase of residential loans

Walter Investment Management has completed the purchase of a pool of residential first lien mortgage loans using proceeds from its equity offering. »

Africa

Sompo Japan mutual fund seeks to tap into African growth

Asset management firms are launching investment trusts targeting Africa, where infrastructure construction and resource development are booming. »

John Petzold, deputy chief investment officer, Calstrs

Calstrs names John Petzold deputy chief investment officer

The California State Teachers’ Retirement System has named John Petzold as its first director of investment management/deputy chief investment officer. »

William Slattery, executive vice president and head of European offshore domiciles for State Street

State Street to provide investment services for Strategic’s Ucits fund

State Street has been appointed by Strategic Investments Group to provide investment services for its new Ucits product, Strategic Active Trading Funds. »

John Lehner, Eagle's president and chief executive officer

Mellon Capital selects Eagle's data management solution

Mellon Capital Management has selected Eagle Investment Systems’ data management platform in addition to the vendor's performance measurement and attribution system currently in operation. »

People shaking hands

The Marshall Funds appoints director of intermediary distribution

The Marshall Funds has appointed C. Michael Robinson as senior vice president and director of intermediary distribution. »

Oil rig

Ticonderoga Securities launches coverage of energy sector

Ticonderoga Securities, an institutional broker dealer, has launched coverage of nine oil and gas companies in the energy sector under directors Daniel Pratt, Anthony Montano III and John Malone. »

Adam Smears, head of fixed income research at Skandia Investment Group

Skandia switches fixed interest investment in three funds to Capital Four

Skandia Investment Group has switched its fixed interest investment in three of its multi manager funds into the Nordea 1 - European High Yield Bond Fund, which is managed by Capital Four Management. »

Bob Browne, chief investment officer of Northern Trust Global Investments

Northern Trust launches frontier markets index fund

Northern Trust's asset management arm, Northern Trust Global Investments, has launched a frontier markets index fund. »

Barred sign

Evergreen liquidates International Balanced Income Fund

Evergreen Investments has completed the liquidation of the Evergreen International Balanced Income Fund. »