All articles by Verdict Staff

Verdict Staff

Newton Investment Management unveils new UK charity fund

Newton Investment Management, part of BNY Mellon, has unveiled a new Newton Growth Fund for Charities under the new UK umbrella unit trust BNY Mellon Charities Funds.

ESMA asks commission to clarify derivative definition under MiFID/ EMIR

The European Securities and Markets Authority (ESMA) has sent a letter to the European Commission asking them to clarify the definition of a derivative or derivative contracts under the European Market Infrastructure Regulation (EMIR).

Five groups eye acquisition of ING’s Indian asset management arm

L&T Mutual Fund, Axis Mutual, BNP Paribas, Pramerica and Edelweiss are in fray to acquire the Indian asset management business of Dutch financial services giant ING.

BlackRock launches CoRI funds

BlackRock has launched five new mutual funds which seek to provide long-term investment results that correspond to the total return of the applicable BlackRock CoRI Retirement Indexes.

Skandia urges to enhance threshold of workplace advice tax relief

In its pre-budget submission to the HM Treasury, financial services provider Skandia has urged to enhance the threshold of workplace advice tax relief to at least £300.

Henderson Global Investors appoints new head of property investment

Henderson Global Investors has strengthened its property team in Austria with the appointment of David Moese.

UBS Securities to buy majority stake in Chinese futures brokerage

UBS Securities has agreed to buy a 95.42% stake in Shanghai Pumin Futures Brokerage, making its foray into the growing Chinese financial services market.

UBS Financial Services makes appointment into the DC Advisory Program

The DC Advisory Program is an investment advisory program offered through UBS Financial Services.

Aegon moves two retirement platforms to clean share classes

Life insurer Aegon has fully moved its retirement platforms Arc and One Retirement to clean share classes for new business.

La Cloche Wealth Management expands presence in Dubai

La Cloche Wealth Management (LCWM), a Swiss wealth management firm, has received license from Dubai Financial Services Authority (DFSA) to set up a new regional office in DIFC.