All articles by Verdict Staff

Verdict Staff

Thomas Miller Investment launches new alternative investments fund

Thomas Miller Investment (TMI) has launched a new alternative investments fund, which will be managed on a day to day basis by the firm’s alternatives research team.

Managers see resilient US growth, regardless of fed tapering: Northern Trust survey

Investment managers characterize the US economy as resilient, whether or not the Federal Reserve curtails its current quantitative easing (QE3) program, according to a survey by Northern Trust.

Turkish cabinet approves World Bank’s proposed Islamic finance centre in Istanbul

The Cabinet of Turkey has approved an agreement signed between the Undersecretariat of the Treasury and the World Bank to establish the World Bank Global Islamic Finance Development Centre in Istanbul.

Lord Abbett renews contract with Fiserv for Unified Wealth Platform

Lord Abbett & Co. has extended its contract with Fiserv for Unified Wealth Platform for managed account portfolio trading, accounting and model management.

Carey Olsen becomes listing agent on Cayman Islands Stock Exchange

Carey Olsen has become a listing agent of the Cayman Islands Stock Exchange (CSX).

OpenWay Way4 solution selected to create single payment space for UEK project

Payment software processor OpenWay’s WAY4 solution has been selected to develop a single payment space, as part of the Universal Electronic Card (UEK) project.

Morgan Stanley launches new institutional share class for US mutual funds

Morgan Stanley Investment Management has created a new institutional share class aimed at increasing transparency and lowering fees for defined contribution plans and other institutional platforms.

FCA chairman says wealth management advice must be improved

The chairman of the UK’s Financial Conduct Authority (FCA) said suitability remains as an issue firmly on the regulator’s radar in the wealth management sector and there is room for improvement in the selection of client investments by wealth managers.

Sapient Global Markets helps guide firms through FATCA compliance

Sapient Global Markets, a division of Sapient, has launched a new solution to help companies meet the new requirements of the US Foreign Account Tax Compliance Act (FATCA).

Chilton Trust makes senior management changes

Chilton Trust Company has bolstered its team with the appointment of three senior wealth management professionals.