All articles by Verdict Staff
Verdict Staff
EU launches probe into Gibraltar corporate tax regime
The European Commission has opened an in-depth investigation to verify whether the new Gibraltar corporate tax regime selectively favours certain categories of companies, in breach of EU state aid rules.
Goldman Sachs Asset Management to buy RBS money market funds
Goldman Sachs Asset Management is to buy Global Treasury Funds, a range of Ireland domiciled money market funds managed by RBS Asset Management.
The board of Nomura Partners funds seeks solutions for its investors
The Board of Directors of Nomura Partners Funds has retained an independent consultant to assist it in its deliberations over whether to liquidate, merge, assign the advisory contract or to take another course of action for one or more of the Nomura Partners Funds.
CIMA signs MoU with Finanzmarktauficht of Austria
The Cayman Islands Monetary Authority (CIMA) has signed a memorandum of understanding (MoU) with Finanzmarktauficht of Austria which provides for mutual assistance regarding supervising managers of alternative investment funds who operate on a cross-border basis in both jurisdictions.
Brooks Macdonald launches strategic growth fund
Brooks Macdonald Funds has expanded its range of managed portfolio service (MPS) portfolios available in unitised versions with the launch of an actively-managed IFSL Strategic Growth Fund, with effect from 31 October 2013.
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Brooks Macdonald’s discretionary funds grow 5.2%
Brooks Macdonald, a London-based AIM listed wealth management group, has generated £5.37bn discretionary funds under management by the end of 30 September 2013, an increase of 5.2%, compared to the figures at 30 June 2013.
Hedge fund managers making significant investments to comply with global regulatory changes: industry survey
A global survey of hedge fund managers reveals that they are making significant investments in their firms infrastructure to comply with new regulatory requirements.
State Street AIS to expand fund administration services with new Shanghai office
State Street Global Services’ alternative investment solutions (AIS) group is set to expand its fund administration services platform in Asia Pacific region with the launch of a new office in Shanghai in November 2013.
Investors fear that global economic recovery could falter: BofA Merrill Lynch survey
Investor optimism over the global economic recovery and corporate profits has been dented as the tail risk associated with the U.S. economy has escalated, though sentiment towards Europe has improved, according to the BofA Merrill Lynch Fund Manager Survey for October.
Lower SSAS errors by adding independent trustee to your pension scheme
Since the implementation of removing the need of an independent professional trustee to manage a small self-administered scheme (SSAS) in April 2006, many pension pots have unfortunately been poorly managed, exposing savers to unnecessary costs and risks.