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Asset Servicing
Breaking News
SEC Proposes Target-Date Funds Disclose More Risks
June 16, 2010 - The Securities and Exchange Commission on Wednesday proposed that sponsors of target-date retirement funds clearly explain the risks involved with their purchase and how they are allocating their monies.
$100 Million Solution: Basel III Leading to "Massive System Upgrades"
June 9, 2010 - The latest set of guidelines expected to be issued by the end of this year by the Basel Committee on Banking Supervision will lead to "massive system upgrades" by global banking institutions, according to the director of credit products for a financial modeling technology company.
Invesco Purchases Morgan Stanley Asset Management Business
June 2, 2010 - Invesco said it completed its $1.5 billion acquisition of Morgan Stanley's retail asset management business.
Featured Article
Large Pension Funds Trimming Broker Lists to Bolster Service
May 4, 2009 - The Teacher Retirement System of Texas is categorizing its broker-dealers according to the level of service they provide, reflecting a growing emphasis among institutions on paring relationships.
