All articles by Verdict Staff
Verdict Staff
Lombard unveils new service to gift assets to children
Luxembourg-based Lombard International Assurance has unveiled a new service called Flexible Legacy Plan, which allows UK residents to gift assets to their children, while holding some control over when they receive them.
China Life Asset Management selects Markit for enterprise data management platform
China Life Asset Management Company (CLAMC) has selected Markit, a UK-based financial information services company, for enterprise data management (EDM) platform.
Saturna launches new Islamic equity fund in Malaysia
Saturna Sendirian Berhad has unveiled its new Malaysian wholesale equity fund targeting public equities of Islamic-qualified companies in the Asean region.
Cornwall Pension Fund selects HSBC to co-manage frontier markets equities
Cornwall Pension Fund has appointed HSBC Global Asset Management to co-manage £60 million of its £1.4 billion active frontier market equity strategy.
Old Mutual Global Investors names new governance head
Old Mutual Global Investors (OMGI) has hired Paul Emerton as new head of UK stewardship and governance.
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Group of financial planners launch new wealth management firm in Cardiff
A group of financial planners including Richard Edwards, Michael Williamson, Debbie Matthews and Kate Stewart have partnered to launch a new wealth management firm, called Archytas, in Cardiff, UK.
Moody’s Analytics adds stress testing and interest rate risk models to RiskFrontier software
Moody’s Analytics has released the RiskFrontier 4.0 software, the latest version of its award-winning portfolio management and economic capital solution for banks, insurance companies, asset management firms, and corporations.
Barclays opens probe into theft of customer files
Barclays has opened a probe into possible theft of about 27,000 customer files with personal and financial information, following a report published by the Daily Mail.
UBS forecast economic growth rate of 2.1% for Switzerland in 2014
UBS economists project the Swiss economy to post a solid 2.1% growth rate in 2014.
Record number of Americans giving up citizenship
Overall 2,999 US citizens and permanent residents gave up their citizenship or residency in 2013, an increase of 221% compared to 932 in 2012, according to the Treasury Department.