All articles by Verdict Staff
Verdict Staff
Spanish regulator slaps 16.9 million fine on Banco Santander
Spanish market regulator Comisión Nacional del Mercado de Valores (CNMV) has imposed an 16.9 million (US$23.2 million) penalty on Banco Santander for misselling of convertible bonds.
Saxo Bank launches futures spread trading
Online trading and investment specialist Saxo Bank has expanded its product portfolio for retail and institutional clients by introducing futures spread trading.
Give2Asia establishes special fund in China with China Social Entrepreneur Foundation
Give2Asia has announced a new partnership with China Social Entrepreneur Foundation, also known as YouChange, to set up the YouChange-Give2Asia Special Fund in China.
Italy may ban sale of Swiss banks products to retail clients
Italian officials are considering banning Swiss banks from selling financial products to retail customers in the country.
SinoPac to launch new Asian equity value fund in March
SinoPac Asset Management, a wholly owned subsidiary of SinoPac Holdings, is planning to launch a new Accudo Asian Value Arbitrage Fund in March 2014.
Arden Asset Management launches new Ucits fund of hedge funds
Arden Asset Management, which specialises in the management of hedge fund portfolios, has reportedly unveiled its new Ucits fund of hedge funds domiciled in Ireland.
Confluence’s new SaaS-based budgeting application for UCITS managers
Fund companies across Europe are increasingly adopting a fixed ratio on operational charges, which is a component of the total expense ratio (TER), to increase investor confidence that the costs of funds are fixed and will not be higher than stated and also to simplify accrual management.
2014 continues to be another positive year for risk assets: Barclays
Barclays published its monthly Wealth and Investment Management flagship research report titled “Compass”, which focuses on providing investment advice and recommendations to investors across the globe.
Smith & Williamson, Pictet to reduce annual charges on funds
UK-based accountants firm Smith & Williamson and Pictet Asset Management are planning to reduce annual management charges (AMCs) on several funds, as part of their clean pricing strategies.
Central England Business Angels rebrands as Oxygen Investors
Central England Business Angels has been rebranded as Oxygen Investors as part of a strategy to move form a traditional investment network to a broader funding model.