10/01/2012

HSBC offloads property advice unit

HSBC Private Bank will continue to introduce its clients to Property Vision under a referral agreement to be entered into at completion.

09/30/2012

SS&C Acquires Gravity Financial

The transaction, which adds 40 fund services customers and 10 staff, supports SS&C's strategy of targeted growth and leadership in the alternative fund services industry.

09/25/2012

LPL Expands Model Wealth Portfolios

"The expansion of the MWP platform gives our advisors the tools to address an even wider range of client needs, while accessing the diversification and risk-management benefits that come from non-correlated alternative strategies."

09/25/2012

Cofunds’ Unbundled Pricing Goes Live

The various portfolio tiers relate to all the assets that an individual holds on Cofunds, including ‘legacy assets’. And investors can make unlimited switches without charge, Cofunds says. The unbundled model will be VAT-exempt

09/25/2012

Gilliat’s Success Leads to Host of Awards

Gilliat Financial Solutions, the structured products distribution specialist within the Arbuthnot Banking Group, today announced its success in both the European Structured Retail Products Awards and Moneyfacts Investment Life & Pensions Awards.

09/23/2012

Hedge fund exit requests hit 2012-high in September

Hedge fund administrator SS&C GlobeOp's forward redemption indicator, a monthly snapshot of clients giving notice to withdraw their cash as a percentage of its assets under administration, measured 3.76 percent in September.