London Firms Form JV Aimed At Asset Managers

Mar 12 2008 | 10:15am ET

Two London-based firms have formed a joint venture that will offer outsourced accounting, financial reporting, and administration services to the U.K. financial services industry.

IMS, a compliance consultancy, and Buzzacott, an accountancy firm, say their new firm, IMS Buzzacott, focuses on providing compliance related services to clients in the asset management and securities industries, with a strong focus on the hedge fund and private equity sectors.

“We are seeing a noticeable trend among asset management firms who are increasingly looking to outsource more of their business operations,” said Scott Wilson, CEO of IMS Consulting. “We identified few high quality providers of these services and feel that the market will benefit from more choice.”


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note