Fortis Investments has launched its complete range of money market funds in the Netherlands, specifically targeted at corporates, institutional investors and local authorities with excess cash in euros. Fortis Investments offers a range of seven money market funds: Money Prime Euro (AAAm), Money Prime Euro SRI (AAAm), Money Short Term Euro (AAf, S1+), Money Plus Euro, Three Months Euribor, Money Dynamic Euro and Absolute Return Bond Euro. The first three have been rated by Standard and Poor’s. The first five funds are for investments of up to six months and are cash equivalent. The remaining two funds are for investments of six months to two years and are not IAS7 compliant (i.e. not cash equivalent).
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.