All articles by Verdict Staff
Verdict Staff
Hargreaves to charge fund groups for corporate actions
UK-based financial services provider Hargreaves Lansdown has informed fund groups that it will charge for corporate actions and pricing errors that were earlier covered by commission.
Advanced beta comes of age: State Street Global Advisors
Advanced beta strategies are playing a more influential role in some of the world’s largest portfolios, according to a State Street Global Advisors (SSgA), study, “Beyond Active and Passive, Advanced Beta Comes of Age”.
Fidelitys UK managing director to quit in April
Fidelity Worldwide Investments UK managing director Hugh Mullan is to quit the firm in April this year to take an extended career break.
Global regulators discuss SIFI status for large asset managers
Global regulators in London have called fund groups BlackRock, Fidelity, Pimco and Vanguard to discuss the proposal of considering large asset managers as systemically important financial institutions (SIFIs).
Annuity market not working for consumers: UK Financial Conduct Authority
The annuities market is not working well for consumers, a review by the Financial Conduct Authority (FCA) has found.
AXA IM closes first US Collateralised Loan Obligation
AXA Investment Managers has closed the Allegro CLO I, a US$370million Collateralised Loan Obligation (CLO).
Credit Suisse launches small-cap business with First NZ Capital
Credit Suisse Australia has expanded a strategic partnership with First NZ Capital to launch a new small-cap business to focus on the Australian small-cap sector.
European Banking Authority (EBA) publishes risk dashboard of EU banking sector
The European Banking Authority (EBA) has published the risk dashboard for Q4 2013, summarising the main risks and vulnerabilities in the banking sector in the European Union (EU).
Finra proposes new restrictions on arbitrators
US securities regulator Financial Industry Regulatory Authority (Finra) has proposed blocking of former stock brokers, securities attorneys and others who served securities firms on some panels arbitrating customer disputes.
Chi-X Japan appoints president and COO
Chi-X Japan Limited, a wholly owned subsidiary of Chi-X Global Holdings, has appointed Makoto Nagahori as president and COO of Chi-X Japan.