Fund-Technology.com

BNY Mellon Asset Servicing announces new service for composite management

Posted: 13 August 2008

BNY Mellon Asset Servicing has introduced a new service for investment managers and financial institutions that comply with the Global Investment Performance Standards (GIPS) in their reporting process.

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BVI welcomes IMF decision to halt domicile discrimination

Posted: 12 August 2008

The British Virgin Islands government has applauded the International Monetary Funds (IMF) decision to halt its discrimination between onshore and offshore financial centres.

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Bermuda Monetary Authority enhances insurance regulations

Posted: 12 August 2008

The Bermuda Monetary Authority has announced what it describes "significant enhancements to Bermuda's solvency and disclosure regulations for insurance."

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Dubai Mercantile Exchange sells 20% equity stakes

Posted: 11 August 2008

The Dubai Mercantile Exchange Limited (DME) announced that it has concluded the sale of 20% equity stakes to a number of global financial institutions and energy trading firms including Goldman Sachs, Morgan Stanley, and Vitol.

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Fulcrum Group and Butterfield Fund services merger

Posted: 08 August 2008

Fulcrum Group, backed by global private equity firm, 3i and Butterfield Fund Services (BFS), has agreed to merge the two businesses to create Butterfield Fulcrum Group (BFG).

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