All articles by Verdict Staff

Verdict Staff

AXA IM appoints Global Head of Fixed Income

AXA Investment Managers has appointed John Porter as Global Head of its Fixed Income division.

BNY Mellon appoints new head of depotbank services in Germany

BNY Mellon has hired Lars Hella as new head of depotbank services in Germany.

IILM increases sukuk primary dealers to nine from seven

International Islamic Liquidity Management (IILM), a Malaysia-based consortium of central banks from Asia, the Middle East and Africa, has expanded the number of primary dealers handling its Islamic bond programme from seven to nine.

Gulf investors plan to establish Islamic bank in Luxembourg

Private investors from Gulf countries, including a royal family from the UAE, are planning to establish the first Islamic bank headquartered in Luxembourg.

Bermuda inks FATCA IGA Model 2 agreement with UK

Bermuda has signed the UK FATCA Intergovernmental Model 2 Agreement, “IGA Model 2” with the United Kingdom.

SSgA unveils Small Cap ETF

State Street Global Advisors (SSgA) has its first ever exchange-traded fund (ETF) to track the MSCI World Small Cap Index.

Waddell & Reed partners with BOK Financial Trust Services for trust solutions

Waddell & Reed has partnered with BOK Financial Corporation to expand the advisor-friendly trust services available to its clients.

Financial services industry needs voluntary standards: British Standards Institution

The financial services industry is failing to adopt voluntary standards crucial to rebuilding trust in banking, despite overwhelming support from those working in the sector, according to a joint report by BSI, the UK National Standards Body, and the Chartered Institute for Securities & Investment.

MassMutual appoints head of sovereign wealth funds and official institutions

Massachusetts Mutual Life Insurance (MassMutual) has appointed Gary Smith as head of sovereign wealth funds and official institutions for its three asset management companies.

Elkhorn Investments announces partnership with Dorsey, Wright & Associates

Elkhorn Investments (Elkhorn) has entered into an agreement with Dorsey, Wright & Associates (DWA) to design investment products with DWA’s proprietary research.