All articles by Verdict Staff

Verdict Staff

Fairway America’s client Beacon Capital launches Beacon Capital Fund I

Fairway America has played the lead role in consulting, advising and guiding the structure and formation of the Beacon Capital Fund I in Vancouver, WA.

Standard Life Investments unveils new version of Gars fund

Standard Life Investments (SLI) has unveiled a new high version of its €20 billion global focused strategies fund.

SEC charges brokers, adviser, and others involved in variable annuities scheme

The Securities and Exchange Commission has announced enforcement actions against a pair of brokers, an investment advisory firm, and several others involved in a variable annuities scheme to profit from the imminent deaths of terminally ill patients in nursing homes and hospice care.

Crestbridge granted internal AIFM licence by CSSF

Funds, corporate and family office firm Crestbridge has received AIFM authorisation by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) to offer alternative investment funds.

UBS hikes CEO pay by 21% in 2013

Swiss banking major UBS has raised the compensation of its CEO Sergio Ermotti by 21% to CHF10.73 million ($12.3 million) last year after it swung back to profit.

Technology is critical for achieving value beyond cost reduction in outsourcing engagements: Accenture

The business process outsourcing (BPO) industry has reached a critical inflection point in terms of what clients expect from outsourcing engagements and what providers can deliver, according to an Accenture sponsored study from HfS Research.

Ashcourt Rowan appoints new intermediary services head

Ashcourt Rowan Asset Management has appointed Chris Legge as new head of intermediary services.

F&C Asset Management underlying operating profit up 25%

UK-based F&C Asset Management has reported an underlying operating profit of £89 million for the year 2013, a rise of 25% from £71.1 million a year ago.

BridgePortfolio partners with ProTools to enhance back office services

BridgePortfolio has selected a new investment tool offered by The Elements Financial Group and their subsidiary ProTools to enhance its complete back office solution.

Chelverton Asset Management names new investment director

Chelverton Asset Management has hired Richard Bucknell as a new investment director in its unquoted equities team.