In the first six months of this year ABN AMRO Global Liquidity Fund (GLF) grew by more than EUR 1 billion, taking it to EUR 3.2 billion and increasing its market share by more than two per cent, according to the bank. In addition, growth in total average assets saw the fund outperform the market by 30 percent for Euro funds, 50 percent for Sterling funds and 53 per cent for US Dollar funds. The bank has attributed much of its success to its new Working Capital business, created last year to better serve the needs of CFOs and treasurers.
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.