All articles by Verdict Staff
Verdict Staff
Millionaires express greater trust in banks, other financial provider types: Spectrem
The slight improvement in the economy in 2013 perhaps prompted Millionaire investors to have greater approval of financial providers over their 2012 opinions, according to a Spectrem study.
JPMAM hires BNP Paribas as depository bank for French fund
JP Morgan Asset Management (JPMAM) has appointed BNP Paribas Securities Services as depository bank and fund administrator for its first France-domiciled fund.
Majority of fund managers yet to seek AIFMD authorization, says BNY Mellon
In its latest survey, BNY Mellon has found that only 19% of alternative investment fund managers (AIFMs) have submitted authorization for Alternative Investment Fund Managers Directive (AIFMD) to their regulator, while 81% of them are yet to seek authorization.
Quilter Cheviot appoints new charities head
Quilter Cheviot has named William Reid as new head of its charities division.
VCT fundraising up 69% on same period last tax year: AIC
Venture Capital Trust (VCT) fundraising is up 69% so far this tax year on the previous tax year, according to figures from the Association of Investment Companies (AIC).
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Digital Keystone form strategic alliance with Babel Systems
Digital Keystone (DK), a provider of technology and services to wealth management and investment platform markets, has signed a strategic partnership with Babel Systems to integrate its Adaptive Portal technology with the Babel securities processing system for D2C propositions, stockbrokers, hedge funds & other financial institutions.
First American Trust appoints new chief fiduciary officer
First American Trust has named Eric McMullen as its new executive vice president and chief fiduciary officer.
Verbatim partners with asset managers to launch volatility matched investing service
Verbatim Asset Management has teamed up with six asset management firms to launch a volatility matched investing research service and fund monitor.
REORIENT Group makes two appointments for Asian equities business
In a continued expansion of REORIENT Group’s Asian equities business, the firm has announced the additions of Jeremy Gray and Andrew Mullins.
China should allow wealth-management product defaults, says Deutsche Bank executive
China should allow wealth-management and trust products defaults in an effort to improve the ability of the market to price risks, and reduce the incentive for financial firms to sell risky products, according to Deutsche Bank chief China economist Ma Jun.