All articles by Verdict Staff
Verdict Staff
Cyber-crime is greatest global threat to organizations’ survival today: EY survey
With information security functions not fully meeting the needs in 83% of organizations, 93% of companies globally are maintaining or increasing their investment in cyber-security to combat the ever increasing threat from cyber-attacks, according to a survey by EY.
Proposed bar on equity research fees could squeeze fund firms profits
Fund managers could face a US$5 billion hit or approximately 50% of active equity profit margins if regulators go ahead with proposals to ban them from collecting equity research fees.
US court holds Barclays liable for Black Diamond contract breach
The New York supreme court of appeals has found Barclays liable for breach of a $1.5bn derivatives contract signed with hedge fund Black Diamond Capital.
High net worth men and women maintain similar portfolios: Spectrem report
There are no substantial differences between the portfolios of HNW men and women, but what differences there are in asset distribution are telling, according to a Spectrem report of investors based on gender.
Communication problems can end investor-advisor relationship: Spectrem study
A failure to communicate is the likeliest reason a Millionaire investor would have for changing their financial advisor, a Spectrem research has revealed.
Baidu debuts online wealth management product
Chinese Internet search giant Baidu has launched its first online wealth management product, Baifa, in partnership with China Asset Management.
Swiss regulator asks UBS to boost capital reserves to cover legal bills – report
Swiss financial regulator FINMA has asked UBS to temporarily increase its capital reserves by 50%to to cover an expected escalation in legal charges, swissinfo.ch has reported.
Psigma closes acquisition of Axa Framlingtons private client business
Psigma Investment Management (PIM) has completed the acquisition of Axa Framlingtons private client business, according to Funds Europe.
Adviser confidence in global economy reaches new high: Skandia study
Financial advisers across the world are feeling more confident now about the global economy than at any point since the first quarter of 2012, according to research conducted by Skandia International, part of Old Mutual Wealth.
Five years after crisis, many investors still shun risk: Blackrock
Five years after the sweeping economic crisis upended global markets, most investors in the US and worldwide remain risk averse, and hold a sizable percentage of their assets in low- or no-return cash investments, according to the Global Investor Pulse Survey from BlackRock.