Investment

Kleinwort Benson and Dresdner Kleinwort have launched a dollar version of the Gresham US Accelerator fund.

Fund managers saw net institutional outflows of UK domiciled funds of £891.1m in November, latest Investment Management Association figures show.

THE BANK of New York Mellon has completed its acquisition of ABN Amro Mellon Global Securities Services.

Managing Partners Limited is set to launch a property fund to take advantage of market volatility.

PEARL GROUP intends to use Resolution Asset Management as a platform to "create a major asset management business".

CURRENCY overlay managers failed to achieve a positive median excess return over the past quarter, latest statistics by BNY Mellon Asset Servicing reveal.

ALMOST 50pc of pension schemes are now invested in hedge funds as overall equity allocations fell by more than six percentage points, latest research from Barings Asset Management reveals.

PRIME Rate Capital Management has received authorisation from the Financial Services Authority to become the first UK-based specialist provider of qualifying Money Market Funds.

The Australian superannuation industry has grown and evolved at lightning speed over the last two years. Rachel Alembakis looks at the impact of change and the effect of Simpler Super

OVERLAY Asset Management has launched a specialist emerging markets currency fund