All articles by Dickon Reid – Page 32
-
Features
Revolving around custody axis
An integrated approach “to transaction processing, financial logistics, risk management and asset financing supported by state-of-the-art information technology,” -Fortis Bank’s very own description of its ‘information banking’ concept. Admittedly the group has provided each constituent service for years yet according to Marcel Jongmans, head of custody at Fortis, there are ...
-
Features
Myners says trading costs should be in fees
One of the most radical recommendations in the report by Gartmore chairman Paul Myners into the UK institutional investment industry is the proposal that fund managers should include trading commissions in their fees rather than passing the cost directly on to the pension fund, as is present practice. According to ...
-
Features
Waiting for members to catch up
By definition, IT jargon is at best confusing, at worst incomprehensible. While it’s in vogue to talk of going online and of e-enabling, what does it mean when a pension fund adds an online, interactive front end? And once that front end is enabled and online, what does it mean ...
-
Features
Pictet does it once again
For great service from your global custodian, ignore the big outfits and instead opt for smaller providers- that is according to a survey by R&M Consulting, a UK-based market research company. Swiss private bank Pictet & Cie came out on top as the best service provider beating off competition from ...
-
Features
Robeco's private-equiteers
Dutch financial services group Robeco has decided private equity is a sector it can no longer afford to ignore. It recently scored a coup by pinching two of Europe’s best-known names – Ad van den Ouweland from the Dutch health workers’ fund PGGM and Harrie Meijers from general civil servants’ ...
-
Features
Germany starts to get the bug
Investment patterns in Germany have traditionally been rather conservative and so it’s no surprise that investment in private equity in are a relatively new concept. Frankfurt’s Neuer Markt has excited investors and it appears they are starting to talk about serious investment in this asset class. According to Patrik Roeder, ...
-
Features
Citibank records record results in 2000
Like many custodians last year, Citibank’s worldwide securities services had a bumper year. With revenue growth up by 30% and profitability even more so, the group recorded its most successful year to date. So unsurprisingly, Robert Binney, managing director of the worldwide securities services division, is pleased: “We’ve seen a ...
