GLOBAL - Brown Brothers Harriman (BBH) has launched a new Web-based product giving institutions real-time corporate information that could impact on their portfolios.
ActionWorld aims to simplify corporate action reporting, offering a “total transparency” approach to managing and responding to high risk transactions, said BBH.
ActionWorld also delivers calculated entitlements and corporate event notifications such as tender offers, stock splits, and annual meetings in easily navigable formats.
The system enhances BBH’s previously released ActionView, the web portal through which clients can follow corporate actions, and can be accessed through the BBH website.
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.