Artemis, the UK manager with some $26.4bn (€30bn) AUM, is to implement a new solution for calculating net asset values across its unit trusts, open ended investment companies, investment trusts and venture capital trusts. Milestone Group’s pControl Oversight solution will be used to further automate the oversight of NAV activities, including oversight of its third […]
Kneip, the business that publishes daily net asset values, data points, Kiids and AIFMD reports for fund managers, has hired Patrick Hilt and Lauri Paal to its team of digital experts, as it seeks to build its digital offering to both the investment and insurance industries. Hilt previously was chief technology officer at Miracl, while […]
Technology provider Milestone Group has found out in a UK-focused survey that 60% of fund managers have experienced net asset value (NAV) issues since the FCA conducted a thematic review on UK managers’ oversight systems in 2013. Oversight refers to the outsourcing of fund processing and accounting activities by fund managers while maintaining independent in-house […]
Milestone Group has announced Jupiter Asset Management will use its pControl Oversight technology solution to automate collection of fund valuation data and to assist the verification of daily net asset value (NAV) prices. The technology will be applied to Jupiter’s unit trusts, Sicavs and investment trusts (UK-based closed ended funds). Milestone notes that Jupiter’s business […]
IT provider StatPro has announced Version 62 of its Revolution cloud based solution for users in the asset management area, which it says has added additional data, administration and NAV facilities. The solution now offers market values based holdings data for portfolios alongside quantity based holdings data and security weights and returns. The facility also […]
F&C UK Real Estate Investments has announced in its interim results for the six months to 31 December 2014, a period of robust performance. The Company’s net asset value (NAV) per share total return for the six month period was 11.9% with strong share price total return of 15%. The shares were trading at a premium […]
Under the current low interest rate conditions, money market fund (MMF) managers will have to take steps to adapt their products, says Moody’s.
Duff & Phelps says that managers need to consider firmer illiquid asset valuation policies, to guide them in difficult times.
Russia’s fledgling mutual fund management industry has its biggest battle on the home front: local bank deposit rates provide investors with a trusted and lower-risk alternative to fund investing.
Statistics never lie, but fund allocators say numbers are not enough to tell if a manager is up to the job.
Fund managers and service providers say that top of their ‘must do’ list is satisfying investors’ needs for liquidity.
Shamez Alibhai, of Cheyne Capital’s $940m real estate debt strategy says European real estate markets are the “last remaining dislocation” from the Lehman fall.