Affluent Consumers Spend 35% Less On Extras
By Staff WriterNU Online News Service, Nov. 30, 2004, 3:43 p.m. ESTInterest in jewelry, foreign travel and other luxuries fell between the second quarter and the ...
November 29, 2004
LIFE: Educational Effort Paid OffNU Online News Service, Nov. 29, 2004, 5:13 p.m. ESTOrganizers of Life Insurance Awareness Month say they are happy with the effects of the ...
November 29, 2004
Northern Trust, MassMutual to Buy BAM UnitsCHICAGO (HedgeWorld.com)--Northern Trust Corp. bolstered its European fund services capabilities Monday by acquiring the administration, custody and trust services units of Baring Asset Management's Fund Services Group in a deal valued at approximately US$480 million. ING Group NV, Amsterdam, The Netherlands, which owns Baring Asset Management, also said it would...
November 29, 2004
Merger Creates Larger Fund of Funds Business for BNP and FauchierPARIS (HedgeWorld.com)--BNP Paribas Asset Management through its joint venture with Fauchier Partners plans to merge with Fauchier in order to grow a fund of funds business. BNP Paribas said it would acquire a 50% economic interest in Fauchier Partners in consideration for contributing its shares in the BNP Paribas Fauchier...
November 29, 2004
LifeStages Family Grows At New York LifeNU Online News Service, Nov. 29, 2004, 5:35 p.m. ESTA Northeastern insurer is adding to its variable annuity menu.[@@]New York Life Insurance and Annuity ...
November 29, 2004
Summa Rises At IFMGNU Online News Service, Nov. 29, 2004, 4:10 p.m. ESTA major financial services distributor has promoted a top sales manager.[@@]Independent Financial Marketing Group Inc., ...
November 29, 2004
Beauchamp Teams Up with CSFB's Trading Services DivisionLONDON (HedgeWorld.com)--Beauchamp Financial Technology's flagship hedge fund portfolio management system will now have the added benefit of access to Credit Suisse First Boston's Advanced Execution Services, according to officials. All trades executed via CSFB will automatically be booked into the Beauchamp portfolio database for mutual clients of the two companies....
November 29, 2004
Integrity Funds to Acquire Two IPS FundsNov. 23, 2004 -- Integrity Mutual Funds (IMFD) said on Tuesday that it has agreed to acquire the management rights to two IPS mutual funds...