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Kas Bank reports drop in SL income

27 August 2010 Amsterdam
Reporter: Ben Wilkie

Kas Bank has reported a drop in profits of five per cent for the first half of 2010, down in part to a significant fall in securities lending income...

Parkcentral investors sue Ernst and Young

27 August 2010 Houston
Reporter: Ben Wilkie

A group of investors who lost money following the collapse of hedge fund Parkcentral have sued auditor Ernst & Young, accusing it of fraud...

DTCC and Chilean Depository sign agreement to collaborate

27 August 2010 Santiago
Reporter: Justin Lawson

The Deposito Central de Valores, S.A. (DCV) of Chile and The Depository Trust & Clearing Corporation (DTCC) of the U.S. have signed an agreement which will serve as a basis for future collaboration.

Hedge Fund association to engage with U.S. authorities

26 August 2010 London
Reporter: Justin Lawson

The Alternative Investment Management Association will engage with U.S. policy makers over the implementation of the Dodd-Frank Act and has set out several key areas of focus ahead of September meetings.

Aubrey Capital Management hires RBC Dexia in Australia

26 August 2010 Sydney
Reporter: Justin Lawson

RBC Dexia Investor Services has been appointed by Aubrey Capital Management, the specialist investment management group, to provide a full range of investor services to its Australian domiciled funds.

SEI to provide collateral management solution

25 August 2010 Oaks
Reporter: Justin Lawson

SEI has announced that it has expanded its middle office outsourcing services to include collateral management for OTC derivatives

Class action suit filed against Northern Trust Corporation

24 August 2010 San Diego
Reporter: Steven Lafferty

Robbins Geller Rudman & Dowd LLP have announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the Northern District of Illinois.

KGFSL's Dolphin favoured by institutional broking firms in India

24 August 2010 Coimbatore
Reporter: Gerald Jonathan

Dolphin, KG Financial Software's flagship back office software solution, has been chosen to satisfy the complex and growing requirements of their capital market operations in India.

Best Active Equity Manager for 2010

24 August 2010 New York
Reporter: Justin Lawson

BNY Mellon ARX Investimentos, the Brazilian investment specialist for BNY Mellon Asset Management, has been named active equity manager of the year by Exame, one of the most widely read Brazilian business magazines.

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