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 firm’s Crystal Strategy suite of global macro funds.

UK’s 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.