All articles by Verdict Staff
Verdict Staff
Causeway Capital Management enters exclusive agreement with Causeway Capital Australia
Causeway Capital Management LLC has announced that its third party marketing firm in Australia, Plus Capital, has agreed to exclusively market Causeway products and has changed its name to Causeway Capital Management (Australia) Pty Limited.
Salamanca in talks to takeover Investec offshore trust business
Investec, the Anglo-South African investment bank, is in late-stage talks to sell its £4bn offshore investment trust administration business to boutique merchant bank Salamanca as part of efforts to bolster its offerings to private clients.
JP Morgan trader in UK currency probe
A former trader at Royal Bank of Scotland is being scrutinized by UK regulators for alleged manipulation of currency markets by sending instant messages to traders at other firms.
National Asset Management Agencys head of asset management to depart
National Asset Management Agencys (NAMA) board member and head of asset management, John Mulcahy, is to resign from the agency in February 2014.
Northern Trust expands depositary services
To support European fund managers implementing the Alternative Investment Fund Managers Directive (AIFMD), Northern Trust has expanded its depositary services across multiple fund types, asset classes, fund locations and investment strategies.
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FundsNetwork to offer clean only share classes for advisers
FundsNetwork will offer advisers a clean only platform – FundsNetwork Pension – for all new business through ISAs and unwrapped investments, with effect from 9 December.
New double taxation agreement between Cyprus and Estonia
The double taxation agreement, which was signed between Cyprus and Estonia on 15 October 2012, has taken another step towards ratification with its approval by the Estonian Parliament on 25 September 2013.
HSBC could sell Global Asset Management arm – Exclusive
HSBC has put its Global Asset Management wealth business up for strategic review which could lead to a sale of the business, according to sources involved in the process. The arm, which manages $412.9 billion of assets, is being looked at as part of a global restructuring of the bank to focus on its core retail business reports Mark Foxwell.
Global institutional investor allocations to real assets set to rise: AMP Capital
Institutional investors are reacting to the prospect of tapering by the US Federal Reserve and higher interest rates in the US and Europe by fine tuning their investment approach and continuing to shift assets out of public markets and into alternatives, according to the AMP Capital Institutional Investor Research Report.
EDHEC-Risk Institute and Lyxor launch a research chair, Risk Allocation Solutions
EDHEC-Risk Institute and Lyxor are launching a three-year research chair entitled “Risk Allocation Solutions” to develop academic insights that can be used towards the design of high-performance multi-asset investment solutions, based on specific investor needs.