Total assets at The Reserve Funds have topped $30 billion for the first time. Reserve has seen total assets grow by 26% so far in 2004. Individual, brokerage and corporate investors have been attracted to Reserve’s Insured Deposits up 31% in 2004 and money fund products up 25% in 2004. ‘This milestone marks an incredible period of sustained growth for Reserve and reflects investors’ need for the expertise, diversity, liquidity and returns that Reserve’s investment products offer,’ said Bruce Bent II, President.
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.