All articles by Verdict Staff
Verdict Staff
CGI extends agreement with TD Bank for investment funds platform
TD Bank Group has extended its existing agreement with CGI Group to continue processing its mutual fund transactions under a managed services model until as late as 2026.
Asia Pacific CFOs bullish on revenues, doubtful on profits outlook: Bank of America Merrill Lynch
Asia Pacific’s leading chief financial officers (CFOs) are increasingly optimistic that revenues will rise in 2014 compared to last year, but are less optimistic on the outlook for profits, according to a survey of regional CFOs commissioned by Bank of America Merrill Lynch.
Increasing client interest in responsible investing: AXA IM
Clients are increasingly asking for the monitoring and assessment of environmental, social and governance (ESG) risks in their portfolios according to a report published by AXA Investment Managers.
BlackRock receives first RQFII license in China
BlackRock Asset Management North Asia, a subsidiary of BlackRock, has secured its first renminbi Qualified Foreign Institutional Investor (RQFII) license from the China Securities Regulatory Commission (CSRC).
Edmond de Rothschild launches new Income Europe fund in Germany
Edmond de Rothschild Asset Management has launched a new income Europe fund in Germany that invests in both European equities and debt management companies.
Brinker Capital launches trio of liquid alternative mutual funds
Brinker Capital, a investment management firm, has launched three 40-Act liquid alternative mutual funds designed to mirror the investment strategy of the firms Crystal Strategy suite of global macro funds.
UKs FCA says time to end premium calls for consumers
The UK’s FCA is concerned that customers are being charged high rates to contact financial services firms and will consult with industry, consumer organisations and consumers to ensure customer calls are more affordable.
Venture capital funds raised US$8.9 billion during first quarter of 2014: Study
US venture capital firms raised US$8.9 billion in new commitments from 58 funds during the first quarter of 2014, an increase of 81 percent compared to the level of dollar commitments raised during the fourth quarter of 2013 and a nine percent increase by number of funds, according to Thomson Reuters and the National Venture Capital Association (NVCA).
Neuberger Berman expands global high yield team
Investment manager Neuberger Berman Group has appointed Andrew Wilmont as lead European high yield portfolio manager, based in London.
Leo Group completes investment in SenaHill Partners
Leo Group, a US-based wealth management firm, has completed an investment in SenaHill Partners.