All articles by Verdict Staff
Verdict Staff
Envestnet | PMC expands impact investing solutions to meet rising investor demand
Envestnet has enhanced the capabilities of its Envestnet Impact Investing Solutions program, and now offers these impact investment services through its Portfolio Management Consultants group, Envestnet | PMC.
US authorities to weigh criminal charges against Credit Suisse, BNP Paribas
The US authorities are reportedly weighing criminal charges against Credit Suisse and BNP Paribas over possible violations of sanction rules.
US banks agree to cooperate with regulators in tax evasion probe-report
The Swiss arms of Goldman Sachs and Morgan Stanley have agreed to hand over potentially incriminating details to US regulators about how they might have helped Americans evade taxes, the Wall Street Journal reported.
Affiliated Managers to buy majority stake in Veritas Asset Management
Affiliated Managers Group, a US-based asset manager, has agreed to acquire a majority equity interest in Veritas Asset Management.
River & Mercantile Group names new CFO
River & Mercantile Group (R&M) has named Kevin Hayes as new its chief financial officer.
Pyrford International implements Charles River’s multi-asset solution
Pyrford International, a London-based investment firm owned by the Bank of Montreal, has implemented the Charles River Investment Management Solution (Charles River IMS) for portfolio management and compliance across its equity, fixed income, and foreign exchange operations.
RBC Global Asset Management launches three new funds for Canadian investors
RBC Global Asset Management (RBC GAM) has unveiled RBC Global Equity Focus Fund, RBC International Equity Currency Neutral Fund and Series T5 units of BlueBay Global Convertible Bond Fund for individual and institutional investors across Canada.
Testing of financial services infrastructure is inadequate: SunGard survey
As the technology infrastructure relied upon by financial services firms to carry out their day-to-day operations becomes increasingly complex, a survey undertaken by SunGard Consulting Services has revealed concerns that the testing of these systems is insufficient to protect against failure.
Heptagon Capital bolsters private client team
Heptagon Capital, a London-based asset manager, has boosted its private client business by appointing Rajaa Mekouar as a new director for its family office/high-net-worth (HNW) team last month.
Aberdeen restructures investment division
Aberdeen has restructured its investment division following the acquisition of Scottish Widows Investment Partnership (Swip) on 1 April.