All articles by Verdict Staff
Verdict Staff
Abu Dhabi Global Market signs MoU with FinanceMalta on bilateral cooperation
Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, has signed a memorandum of understanding (MoU) with FinanceMalta (FM), the organisation responsible for the development of the countrys financial centre, to enable further collaboration on joint initiatives and efforts to bolster the growth of the financial markets in both financial markets.
Ravenscroft hires UK investment management head
Guernsey-based Ravenscroft has appointed Mark Harries as head of investment management in the UK.
Australias MainstreamBPO acquires Alter Domus’ European hedge fund business
Australian fund administrator MainstreamBPO has acquired the European hedge fund administration business of Alter Domus for an undisclosed amount.
Ogier hires investment funds specialist for Guernsey team
Ogier, an offshore legal advice provider, has added investment funds specialist Craig Cordle as a group partner based in the Guernsey investment funds team.
Australian watchdog orders banks to review cross-selling practices
Australian Securities and Investments Commission (ASIC) has ordered major banks to independently audit their cross-selling practices, where banks seek to sign customers up for multiple products, often in wealth management.
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One-third investors in Canada own ETFs: BlackRock survey
Exchange traded funds (ETFs) are increasingly playing an important role in Canadians’ investment portfolios, with nearly one-third (31%) of Canadian investors owning them, a survey conducted by BlackRock Canada has found.
SIX, Confinale collaborate to launch new tax service
SIX Securities Services has entered into an exclusive partnership with tax consultancy Confinale to launch a new tax reclaim service.
Rowan Dartington expands its Birmingham investment management team
British wealth manager Rowan Dartington has hired Oliver Mustin as investment manager in its Birmingham office.
BNP Paribas wraps up acquisition of Indian brokerage firm Sharekhan
French banking giant BNP Paribas has completed the acquisition of Indian retail brokerage firm Sharekhan, after receiving approvals from all relevant regulatory bodies.
Old Mutual Wealth collaborates with CII to launch investment academy
Old Mutual Wealth has partnered with the Chartered Insurance Institute (CII) to launch an investment academy to maximise consumers access to chartered advisers.