All articles by Verdict Staff

Verdict Staff

Russell’s annual index reconstitution process to reclassify Egypt to frontier status

Russell has announced the 2014 schedule for its annual index reconstitution process, which is designed to capture and reflect global equity market shifts in the past year to ensure that multi-asset investors continue to have the most accurate proxy for global markets.

Arcange sets up new property investment management unit

Arcange, a France-based financial group, has established a new property investment management unit to offer alternative investment funds under the EU’s new AIFMD rule.

UK FCA publishes latest review of sales incentives at retail financial services firms

All the major retail banks have either replaced or made substantial changes to financial incentive schemes, which played such a major role in the mis-selling scandals of recent years, the UK’s Financial Conduct Authority (FCA) revealed.

NCB Capital appoints new CEO

NCB Capital, a Saudi Arabia-based asset manager and investment banking firm, has appointed Sarah Al-Suhaimi as its new CEO.

Equity funds remain the best-sellers for tenth consecutive month: IMA

The Investment Management Association (IMA) has published its monthly statistics for January 2014:

Citi Australia names wealth and consumer banking products head

Citi has named Deirdre Wroth as new head of consumer banking and wealth management products in Australia.

SEI expands its regulatory solution to ease the pain of escalating requirements

Addressing a rising global tide of regulation aimed at private fund and traditional fund managers alike, SEI has expanded the regulatory component of its operating platform, adding technology and process enhancements that enable managers to streamline the regulatory filing process.

BEA Union Investment Management names new CIO

BEA Union Investment Management has appointment Henry Chan Yue-Hung as its new chief investment officer with immediate effect.

New technology from DST helps asset managers track financial advisors on the move

DST Systems has announced enhancements to its DST Vision HomeOffice web site that will improve the speed and efficiency of back-office operations.

Standard Chartered in talks to sell its Swiss private bank: report

Standard Chartered is reportedly in final stage of talks with potential buyers to sell its six units in Asia, Europe and the Middle East including its Swiss private banking arm.