All articles by Verdict Staff

Verdict Staff

BNY Mellon-Cass study establishes new industry framework for pension scheme governance

A new study published by BNY Mellon, the global leader in investment management and investment services, in association with Cass Consulting at Cass Business School, part of City University London, lays out a framework to help trustees to better navigate the complexities of today’s risk-focused world.

Guggenheim BRIC ETF swaps to BNY Mellon BRIC Select DR Index

Guggenheim Investments, the US based provider of exchange-traded funds, plans to change the benchmark index of its Guggenheim BRIC ETF (EEB) to the BNY Mellon BRIC Select DR Index, with effect from 31 October 2013.

Barbados to sign inter-governmental agreement with US over FATCA

Barbados is set to sign a reciprocal inter-governmental agreement with the US to apply to the US’ Foreign Account Tax Compliance Act (FATCA), according to Barbados Prime Minister Freundel Stuart.

Law firm Bond Dickinson expands private wealth team

British law firm Bond Dickinson has recruited two partners and associated teams from the Osborne Clarke Private Client and Real Estate teams, as part of its strategy to enhance the capability of their national private wealth team.

Emerging Global Advisors chooses ‘FTSE Beyond BRICs’ index for ETF

FTSE Group (FTSE), the global index provider, has been selected by Emerging Global Advisors, the asset manager to the EGShare ETF offering, as the index provider for EGShares ‘Beyond BRICs’ exchange-traded fund (BBRC).

Black River Asset Management appoints portfolio manager for its hedge fund

Black River Asset Management has appointed Adam Tyrrell as portfolio manager for its US$123 million Black River Equity Relative Value Fund.

Baird Capital to take majority shareholding in Alpha FMC

Baird Capital is set to take majority shareholding in Alpha FMC after deciding to make private equity investment in the firm.

Bank of China’s asset management arm to launch yuan products in Europe

Bank of China’s Hong Kong asset management arm plans to sell its yuan products in Europe under the new Renminbi Qualified Foreign Institutional Investor (RQFII) scheme.

Eastspring Investments launches growth index for Asian investor’s future asset allocation

Eastspring Investments, the Asian asset management arm of Prudential, has unveiled a Growth & Income Index, following the findings of its inaugural mutual fund investor behaviour study, which indicates that multi-asset, equity, high-yield funds are set to see inflows in the next six months.

Sandell selects SS&C GlobeOp for risk and regulatory support services

Sandell Asset Management has selected SS&C GlobeOp to provide fund administration, risk and regulatory support services, including support for FATCA and Form PF.