New Zealand-based fund manager, ASB Group Investments, has chosen the SimCorp Dimension investment management system for its NZ$4.5 billion funds management business. ASB Group Investments was formed recently to manage the investment operations for ASB Bank and its life insurance financial services business, Sovereign. As part of this strategy, ASB Group Investments decided to replace a number of in-house investment management and pricing systems that were in use across the two organisations.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.