News
London public-sector pension fund aims to close liability gap
The London Pensions Fund Authority (LPFA), which manages total net assets of £3.2 billion for local authorities and other public sector bodies in the UK capital, plans to substantially revamp its investment strategy to make up for its liability deficit…
Patsystems poaches chief executive from AttentiV
David Paul Webber, former chief executive of UK financial services software developer AttentiV Systems Group, joins Patsystems today as chief executive to replace outgoing head Kevin Ashby.
Calyon appoints new London treasurer
Calyon's Asia-Pacific treasurer, Phillipe Cotillon, is set to leave the French bank's Hong Kong office to take up a similar treasury role in London, according to RiskNews ' sister publication FX Week .
NASD fines State Street for reporting failures
The record $1.4m fine is for neglecting to report trades to Trace
2,000 sign up to Isda Novation Protocol
But some buy-side institutions claim they were given little choice in signing up
S&P admits that GM bankruptcy is no longer 'far-fetched'
Continued uncertainty over the sale of GMAC has exacerbated negative sentiment surrounding the automaker
Deutsche sells US asset management business
The German bank signs a £265m deal with UK firm Aberdeen Asset Management
