Tokyo

BNY Mellon appoints Japan country executive

BNY Mellon has appointed Thom Fisher as general manager of the company's Tokyo branch and country executive for Japan. »


Euros

Ucits inflows reach EUR46bn in third quarter

Ucits recorded positive inflows in the third quarter amounting to EUR46bn, after recording net outflows in the second quarter of EUR28bn, according to a report by the European Fund and Asset Management Association. »


Fraud

CFTC charges System Capital and Joshua Wallace with solicitation fraud

The US Commodity Futures Trading Commission has charged Oregon-based commodity trading adviser System Capital and its founder and principal, Joshua Wallace, with solicitation fraud and making false statements to the National Futures Association. »


M. Michele Burns, chairman and chief executive officer of Mercer

Mercer to acquire Hammond Associates

Mercer, a provider of consulting, outsourcing and investment services, has signed a definitive agreement to acquire Hammond Associates, the third largest investment consulting firm serving endowments and foundations in the US. »


Tick

Quintillion completes SAS 70 Type II

Fund administration company Quintillion has completed its SAS 70 Type II independent service auditor’s report. »


Frederick H. Waddell, Northern Trust chairman and chief executive

Northern Trust opens Beijing branch

Northern Trust has celebrated the official opening of its first China branch in Beijing with an event at the Great Hall of the People for regulators, clients and industry peers. »


Christopher M. "Kip" Condron, chairman and chief executive of Axa Equitable

Axa Equitable makes three senior vice president appointments

Axa Equitable Life Insurance has elected Mary Bates, Nicholas Liolis and John Rivett to the position of senior vice president. »


Magnifying glass

ICMA promotes greater transparency for sovereign bond issues

The International Capital Market Association has issued a consultation paper that aims to promote improvements in the standards of transparency relating to the issuance of sovereign bonds sold to investors internationally, and to propose standards of best market practice relating to their contractual terms and conditions. »


Guernsey

Close Brothers to sell Channel Islands businesses, says report

According to the Daily Telegraph, Close Brothers Group has hired Deloitte to assist in the disposal of its private banking, fund management and fund administration operations in Guernsey (pictured) and Jersey. Sources quoted by the newspaper suggest that the London-listed bank’s Channel Islands businesses may be worth up to GBP35m. »


Adam Smears, Skandia Investment Group’s head of fixed interest research

Skandia makes GBP19m investment in Liontrust absolute return fund

Skandia Investment Group has added the Liontrust Credit Absolute Return Fund to a number of its portfolios in an investment worth GBP19m. »


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Mon, 29/09/2014 (All day) - London
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