Forward Features Calendar

Insight

LaCrosse acquires BofA Merrill Lynch’s fund administration business

LaCrosse Global Fund Services has completed its acquisition of the alternative fund administration business of Bank of America Merrill Lynch. LaCrosse now has more than USD21bn in assets under administration and more than 250 employees. The acquisition was originally announced

Rado Lipuš, director of sales for Europe, the Middle East and Africa at PerTrac Financial Solutions

Market growth boosts demand for software tools

The growth of the South African hedge fund industry in recent years and the overall development of the country’s institutional investment sector have prompted increased demand for PerTrac Fin

Fortress reports 20 per cent increase in base quarterly dividend

Fortress Investment Group has reported a 20 per cent increase in base quarterly dividend to USD0.06 per dividend paying share, effective for the fourth quarter of 2012 and full year 2013. Fortress also repurchased 51.3 million dividend paying shares at

Northern Trust launches processing of syndicated bank loans

Northern Trust has expanded its automated solutions for investment operations outsourcing clients to cover processing of syndicated bank loans, which are growing as an alternative asset allocation by specialist investment managers. The implementation of Markit WSO Services on Northern Trust’s

Jeff Taylor, Invesco Perpetual

A messy bowl of spaghetti

Jeff Taylor (pictured), Head of European Equities at Invesco Perpetual, considers what happens next following an indecisive Italian election… Italy’s election results are turning out far less clear cut than markets would have liked, with the Centre Left parties winning

BlackRock Stephen A

Blackstone and Patria form partnership in Brazil

The Blackstone Group and Patria, a Brazilian alternative asset manager, have formed a partnership in which Blackstone would purchase a 40 per cent stake in Patria and the two firms would agree to cooperate in building their businesses in Brazil

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