SocGen SS mandated by Italian fund manager

SGSS in Italy offers a complete range of securities services, including clearing, custody and trustee services, fund administration, liquidity management and transfer agent services.


Barclays backs RBS share deal for voters

The London Stock Exchange is in the early stages of planning an assault on the continental European market, pitting it against rivals Euronext and Deutsche Borse on their own turf.


Henderson eyes opportunities in Australia

Henderson Global Investors will on Monday launch its first asset management business in Australia as it seeks to expand its operations beyond the troubled shores of Europe.


Man Group to buy hedge fund business

The combined multi-manager business will have total funds under management of approximately $19 billion, making it the largest independent non-US based fund of hedge funds.


Cambridge unveils first university SEIS fund

The institution is aiming to raise £1m to establish the University of Cambridge Enterprise fund, which is an SEIS and enterprise investment scheme (EIS) vehicle.


Swiss fund-of-hedge-funds manager makes Asian acquisition

Gottex Fund Management Holdings has announced that it has reached agreement on the acquisition of Hong Kong based Penjing Asset Management, one of the primary Asian alternative asset management providers. Ronnie Wu, founder and CIO of Penjing, will join


Intesa Q1 profit jumps, bad loan provisions up

The bank was forced to book provisions for risky loans of 970 million euros over the quarter, a 43 percent rise compared to a year earlier, as credit quality deteriorated in Italy due to a deep economic recession.


Metro Bank Eyes UK Retail Banking Expansion

The Metro bank is still a very small player in the U.K., dwarfed by the "big four"--Lloyds Banking Group PLC (LYG), Royal Bank of Scotland Group PLC (RBS), Barclays PLC (BCS) and HSBC Holdings PLC (HBC).


Why Standard Life's AA-rated Moore bought Barclays

But as well as buying into telecoms provider BT, Moore (pictured), said he bought into Barclays because 2011'a difficulties made it underpriced even though this year it is in a stronger position.


Ashcourt Rowan picks Cofunds to power platform

It will include an entry-level execution only proposition, a service for investors who do not need on-going financial advice but want guidance and a proposition for clients receiving full advice.