All articles by Verdict Staff

Verdict Staff

Enhance Group selects Confluence’s AIFMD technology platform

Enhance Group, a Jersey-based investment consultancy firm, has selected Confluence’s Unity NXT AlFMD Transparency Reporting platform as the technology platform for its AIFMD transparency reporting outsourced service.

Iconic Funds launches EU-compliant hosted-funds platform

Malta-based Iconic Funds has launched EU-compliant hosted-funds platform which will allow EU and non EU based fund managers to run their own fully supported and administered funds.

K2 Asset Management launches high conviction global equity fund

K2 Asset Management has launched a high conviction global equity fund, the K2 International Opportunities Fund, early this month.

Financial advisors report positive client response to investment outsourcing: Northern Trust

Financial advisors who outsource investment management activities to external providers overwhelmingly say their decision was greeted positively by clients and in most cases has led to business growth, according to a study by Northern Trust.

Jupiter Fund Management pre-tax profit surges

Jupiter Fund Management has reported pre-tax profit of £114.1 million for the year 2013, an increase of 55% compared with £73.6 million a year ago.

Invesco Perpetual makes major change to charging structure

Invesco Perpetual is set to slash annual management charge for investors across its open-ended range of funds and replace it with a single ongoing charge, called the fund management fee.

US expands probe against offshore tax evasion to India, Israel and Liechtenstein

The US has expanded its investigations against offshore tax evasion to countries India, Israel and Liechtenstein.

Cantor Fitzgerald Wealth Partners to acquire advisory business of FCFA

US-based Cantor Fitzgerald Wealth Partners has agreed to acquire the advisory business of First Commonwealth Financial Advisors (FCFA), a registered investment advisory firm with over US$2 billion in assets under advisement.

BNY Mellon reconfirmed as custodian by London Borough of Croydon Pension Fund

BNY Mellon has been reappointed by the London Borough of Croydon Pension Fund to provide custody, fund administration and cash management services to assets valued at £668 million.

GAMCO, DIAM Asset Management collaborate to launch Japanese open-end fund

GAMCO Investors (GBL) has partnered with DIAM Asset Management to launch a Japanese open-ended fund called, The Beikoku Wariyasukabu Fund.