All articles by Verdict Staff
Verdict Staff
Principal Global wins 150 million mandate from German pension fund BVK
US-based Principal Global Investors has won a 150 million mandate from German pension fund Bayerische Versorgungskammer (BVK) to invest in real estate investment trusts.
Schroders names new global equities head
Schroders has named Alex Tedder as new head of global equities, replacing Peter Harrison.
Mirabaud Asset Management to foray into Italian, Irish markets
Swiss boutique Mirabaud Asset Management is preparing to foray into Italian and Irish markets as part of its strategy to expand international footprint.
Integrated Wealth Management welcomes $740m Morgan Stanley team
Integrated Wealth Management has announced that the financial advisors of The Cypress Group, formally with Morgan Stanley in Palm Desert, have joined the firm.
US CFTC obtains a permanent injunction against Halifax Investment Services
The US Commodity Futures Trading Commission (CFTC) has announced that Judge James B. Zagel of the US District Court for the Northern District of Illinois issued a Consent Order of Permanent Injunction that bars Australian firm Halifax Investment Services from soliciting orders to trade foreign currency (forex) from United States residents who do not qualify as eligible contract participants (ECPs) and from offering to be the counterparty to United States residents’ forex transactions without registering with the CFTC.
ASIC annuls license of Commonwealth Banks advice group
The Australian Securities and Investments Commission (ASIC) has annulled the Australian financial services license (AFSL) of Advice Essentials, the advice group of Commonwealth Bank.
Consumers could be in line for compensation after FSCS declares 19 firms in default
The Financial Services Compensation Scheme (FSCS) could lend a helping hand to consumers that have lost money as a result of their dealings with any of the 19 failed financial firms around the UK that FSCS has recently declared in default.
Schroder Investment appoints portfolio manager for emerging market corporates
Schroder Investment Management North America has named Denis Parisien as portfolio manager and member of the Emerging Market Debt team, reporting to James Barrineau, Co-Head of Emerging Market Debt Relative.
Cordium collaborates with Indus Valley Partners for AIFMD compliance
Cordium, a UK-based provider of compliance consulting and software to the financial services industry, has collaborated with financial services technology provider Indus Valley Partners (IVP) to offer AIFMD Annex IV and Form PF reporting solution.
Al Hilal Bank unveils global balanced fund to invest in global equities & sukuk
Abu Dhabi-based Islamic lender Al Hilal Bank has rolled out its latest Global Balanced Fund that has been designed for investors seeking to invest in the growth and income potential of Shariah-compliant equities and sukuk from globally.