All articles by Verdict Staff
Verdict Staff
EU reaches deal to create single eurozone system to shut failing banks
European Parliament negotiators have reached a deal with their member state counterparts to create a single agency to handle failing euro-area banks after marathon 16 hours of talks.
Willis Group opens representative office in Myanmar
UK-based Willis Group, which expanded its high-net-worth (HNW) business recently, has opened a representative office in Myanmar.
Merrill Lynch, EDHEC partner to advance goals-based wealth management
Merrill Lynch Wealth Management, a unit of Bank of America, has collaborated with France’s EDHEC Business School to develop new research on risk allocation and goals based investing.
Asset managers with good fund stewardship practices performed better: Study
New research from Morningstar, a provider of independent investment research, reinforces that asset managers with good fund stewardship practices have produced better outcomes for investors.
SEC contacted American investment firms with exposure Russian markets
The US Securities and Exchange Commission (SEC) has reportedly contacted American investment firms in relation to their exposure to Russian assets and how this could affect investors, as geopolitical risks in Crimea have heightened.
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Lyxor names new CEO for US operations
Lyxor Asset Management has named Nathanaël Benzaken as new CEO of its US operations, replacing Lionel Erdely.
Bonaire enhances SaaS offering for asset managers
Bonaire, a Broadridge Financial Solutions company and leading provider of revenue and expense management software solutions for asset managers, mutual funds and capital markets firms, has announced the migration of their SaaS (Software as a Service) solution to the Broadridge hosting environment.
Financial health of US corporate pension plans improved sharply in 2013: Towers Watson
The financial health of corporate America’s largest pension plans improved significantly in 2013 as funding improved to a level not seen since the start of the financial crisis, according to a new analysis by Towers Watson.
Carey Olsen hires new counsel to develop Russian practice
Offshore law firm Carey Olsen has hired corporate and finance lawyer Claire McConway in London to develop its Russian practice.
Blue Sky agrees to acquire hedge fund Investment Science
Australia-based Blue Sky Alternative Investments has agreed to completely acquire hedge fund Investment Science, which is currently managing around $70m worth assets.