All articles by Verdict Staff
Verdict Staff
Macquarie completes purchase of INGs investment management business in South Korea
Macquarie Investment Management (MIM) has completed the acquisition ING Group’s investment management business in South Korea.
Fund groups in discussions with Skandia over pricing plans
Ten fund groups that signed up to Skandias WealthSelect proposition are currently in discussions over alteration of pricing plans.
US, Cayman Islands signs IGAs to implement FATCA
The US Department of the Treasury and the Cayman Islands have signed intergovernmental agreements (IGAs) to implement the Foreign Account Tax Compliance Act (FATCA).
Mariner Wealth Advisors adds RR Advisory Group to its network
Mariner Wealth Advisors, an independent wealth advisory firm, has added New York-based RR Advisory Group to its network.
Quilter Cheviot names new investment director for Edinburgh
British investment management firm Quilter Cheviot has appointed Neil MacPherson as an investment director for Edinburgh office.
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IMA insists FCA to disclose more information on forex market manipulation
Investment Management Association (IMA) is insisting the Financial Conduct Authority (FCA) to disclose more information related to alleged manipulation of the forex market.
CapWealth Insights launches new investment reporting platform
US-based wealth management firm CapWealth Insights has launched a new investment reporting platform called Provable Integrity.
Universal-Investment, Stratton Street launch Ucits bond fund
Germany’s Universal-Investment and the UKs Stratton Street have launched Stratton Street UCITS Renminbi Bond Fund UI.
Double-digit growth and a regulatory push for Islamic Finance In 2014: S&P report
Global growth of the Islamic finance market has continued unabated this year, undeterred by the uncertain recovery elsewhere in the world’s financial markets, Standard & Poor’s said in a report published, ‘Islamic Finance 2014: We Expect Continued Double-Digit Growth, And A Push For Regulation And Standards.’
FINMA head asks Swiss bank to cooperate with US tax authorities
Patrick Raaflaub, head of Switzerland’s financial regulator FINMA, has pleaded Swiss bank to cooperate with the US tax officials and reveal undeclared assets from American clients.