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KNEIP BIDS A FOND FAREWELL TO A TRUSTED ADVISOR AND RESHAPES ITS BOARD OF DIRECTORS
28 May 2008
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LUXEMBOURG—On May 22, 2008, KNEIP opened a new chapter in its history, when Mr. Victor Kneip retired from his functions as Chairman and member of the Board of Directors. At the same time, KNEIP appointed Mrs. Marie-Jeanne Chevremont-Lorenzini as Chairman, and Mr. André Prüm as a member of the Board of Directors.
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KNEIP launches the Fund Processing Passport (FPP)
Luxembourg, 14 April 2008
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KNEIP’s web solution will help raise efficiency within the European investment fund industry with significant potential cost savings in the processing of fund orders.
LUXEMBOURG—KNEIP ads Fund Processing Passports to its list of services. This short, single, fully harmonised web-based solution contains all key “operational” information that fund promoters should provide on their investment funds, at class level, in order to facilitate their trading.
Just as border formalities are usually less cumbersome for passengers holding a passport, an investment fund holding an FPP will be allowed to take the fast lane when presenting itself at the gates of outside distributors.
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KNEIP adds financial industry powerhouses to its Executive Board
15 February 2008
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LUXEMBOURG—Marie-Jeanne Chevremont-Lorenzini and Bernie Waldron join the KNEIP Board of Directors as two non-executive board members. Replacing former members Claude Ehlinger and Akshaya Bhargava, Chevremont-Lorenzini and Waldron come from diverse and impressive backgrounds.
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Tremplin pour l’Emploi, the Fund Training Program for the Unemployed Reaches Final Stages
15 February 2008
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KNEIP and IFBL (Institut de Formation Bancaire, Luxembourg), in association with the Ministry of Labour and Employment, hold a press conference to present the success of their Tremplin pour l’Emploi pilot program.
Tremplin pour l’Emploi was established by KNEIP and IFBL within the framework of KNEIP’s Corporate Social Responsibility (CSR) initiative to intervene in the educational aid domain. The program has been designed to bridge the gap between the unemployed and the vacancies in jobs affecting the fund industry.
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Pioneer MD joins KNEIP
30 June 2007
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KNEIP is delighted to announce the appointment of Ulrich Binninger to its Executive Board. With 14 years of Investment Fund industry experience, Ulrich has been appointed Chief Sales and Marketing Officer. He is Board Member of the Association of the Luxembourg Funds Industry (ALFI) and chairs the Marketing Committee of the Association. Prior to KNEIP he was MD at Pioneer Asset Management, having previously held roles at Deloitte, Fidelity and Dresdner Bank Asset Management.
Ulrich Binninger: “It is very exciting to be joining KNEIP after the recent 3i investment. I have known Bob and his team since 2002 and have been a client since then. The investment and more important the experience of 3i will give us the chance to offer more value-adding services to the European Funds Industry. I strongly believe that we will see continued success and growth of KNEIP in response to the industry’s need for high quality and innovative solutions.”
Bob Kneip: “Inspiration and visions are driving our economies. Ulrich shares our visions and is the ideal person for this role. He knows the industry and more important their needs. I am very excited to have him on board.”
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3i invests €37m to support KNEIP's growth
Luxembourg, 9 May 2007
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3i Growth Capital, the world's leading growth investor, today announces an investment of €37m for a minority stake in KNEIP Communication ("KNEIP"), the Luxembourg-based outsourcing partner to the investment fund industry.
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Corporate Social Responsibility - conference with CARITAS
Luxembourg, 5 February 2007
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Caritas visited KNEIP in order to talk about the voluntary work and the 75th anniversary celebration for the jubilee 2007 of Caritas Luxembourg. Eight different actions have been proposed to KNEIP employees to share their competencies and time to help the young refugees and contribute to the preparation of the anniversary.
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Corporate Social Responsibility - conference with Télévie
Luxembourg, 2 February 2007
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Télévie was introduced to KNEIP employees by a conference given by the Dr Diederich from the "Fondation Recherche sur le Cancer et les Maladies du Sang Laboratoire de Biologie Moléculaire et Cellulaire du Cancer (LBMCC)" in Luxembourg. 22 employees of KNEIP have currently provided their support to collect funds for the Télévie: several artists from KNEIP are organising exhibitions with an auction of their own pieces (photographs and paintings); others are devoting time to illustrate a new brochure of the Télévie or to provide support during the closing evening ceremony (call center and bar tendering). Finally a sale of handmade jewels by KNEIP employees will be organised.
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KNEIP – Outsourcing partner for the fund industry
Luxembourg, 31 January 2007
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At the "Fortis breakfast meeting" organised in Luxembourg, Bob Kneip presented the new challenges for fund promoters and administrators to manage fund information flows. Delivering completed data and documents, in a timely-manner and the right format to local regulators, financial institutions and the increasing number of electronic datavendors, requires efficient IT-infrastructure, dedicated resources and optimised operational processes.
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KNEIP becomes member of VOEIG (Vienna)
Vienna, 6 January 2007
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KNEIP is now an information member of the Austrian Investment Fund Association in Vienna (Vereinigung Oesterreichischer investmentgesellschaften).
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KNEIP becomes member of AIMA
Luxembourg, 1 July 2006
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KNEIP is now a member of The Alternative Investment Management Association Limited (AIMA) in London. For further information, please check www.aima.org
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DIE PRESSE selects KNEIP
Vienna, 22 June 2006
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Leading Austrian newspaper Die Presse has chosen KNEIP to collect and aggregate NAV and associated data of all Austrian and foreign funds published in the newspaper and to prepare its fund pages. KNEIP was chosen for its expertise in the communication of fund information. KNEIP currently takes care of the collection, transmission and publishing of more than 9,000 funds in 40 countries of distribution and 15 countries of domiciliation.
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KNEIP in the press - Lëtzebuerger Journal
Luxembourg, 17 May 2006
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Interviewed by the Letzebuerger Journal, Bob Kneip explained the scope and evolution of KNEIP activities and addressed the following topics: management of clients' standards, adaptation to the last European Directives, management of the national publishing requirements and place of Internet in the media world. Key dates related to the company over the last 13 years have also been highlighted.
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KNEIP completes SAS 70 Type II certification
Luxembourg, 4 April 2006
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KNEIP announced today that it has successfully completed the SAS 70 Type II report, following an examination performed by Ernst & Young. The SAS 70 Type II report, issued under rules established by the American Institute of Certified Public Accountants (AICPA), indicates that control objectives specified by KNEIP related to the processing of client transactions and to the corresponding information technology systems have been independently reviewed and tested to ascertain design and operating effectiveness.
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KNEIP obtains PFS agreement from Luxembourg Ministry of Finance
Luxembourg, 21 February 2006
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KNEIP announced today it has received PFS (Professional of the Financial Sector) agreement as an administrative agent of the financial sector pursuant to article 29.2 of the law of 5 April 1993, relating to the financial sector. KNEIP has chosen to put itself under the supervision of the CSSF (Commission de Surveillance du Secteur Financier) and is one of the first investment fund information communication firms to offer its service activities as a PFS regulated entity.
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KNEIP becomes a BVI member
Luxembourg, 6 January 2006
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KNEIP is now an information member of the German Investment Fund Association BVI (Bundesverband Investment und Asset Management e.V.).
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KNEIP expands its Business Continuity and Disaster Recovery Plan
Luxembourg, 6 December 2005
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KNEIP announced today the further development of its Business Continuity and Disaster Recovery Plan (BCP/DRP) in cooperation with Synstar, a Hewlett-Packard subsidiary. KNEIP has pushed its security level one step further by increasing bandwidth and capacity of its external replication and redundancy processes at Synstar’s Business Recovery Centre.
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KNEIP completes SAS 70 Type I certification
Luxembourg, 9 August 2005
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KNEIP Communication (KNEIP) has successfully completed the SAS 70 Type I report, following an examination performed by Ernst & Young, Luxembourg. SAS 70, Service Organizations, is an internationally recognised auditing standard, developed by the American Institute of Certified Public Accountants (AICPA). A SAS 70 engagement consists of examining the service provider’s description of its control activities, including controls over information technology and related processes.
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Dexia Fund Services selects KNEIP for the production of fund reports
Luxembourg, 26 May 2005
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KNEIP Communication, a leading provider of investor communication services to the investment fund industry, was selected by Dexia Fund Services to generate and produce the annual and semi-annual statutory reports for more than 850 funds and sub-funds administered in Luxembourg. KNEIP Communication will also provide reporting services to funds administered by European subsidiaries of the group.