All articles by Verdict Staff

Verdict Staff

Euroclear UK & Ireland fund service attracts more fund managers

Euroclear UK & Ireland has signed up three additional fund managers in the UK to its investment fund service.

Rowan Dartington opens new office in Exeter

Rowan Dartington, a UK-based discretionary wealth manager, has expanded its presence in the South West with the opening of an office in Devon, Exeter.

Inheritance helped young millionaires get their start: Spectrem study

Young Millionaires are willing to admit that inheritance and family connections played a significant role in acquiring their wealth, according to a Spectrem study.

FCA review finds evidence of firms undermining RDR objectives

The UK’s Financial Conduct Authority (FCA) has found some life insurance and advisory firms have arrangements in place which could influence advisors’ actions despite the Retail Distribution Review’s (RDR) ban on commission.

CISI IntegrityMatters initiative extended to Ireland, Europe and North America

The Chartered Institute for Securities & Investment (CISI) has announced its plans to extend its mandatory IntegrityMatters test to candidates in Ireland, Europe and North America, effective 1st February 2014.

Investors look to put more capital to work in infrastructure development: Preqin research

Institutional investors, such as public and private sector pension funds, have an overwhelmingly positive outlook towards infrastructure, with 63% planning to invest more capital in the asset class in the next 12 months than they did in the last 12 months, according to Preqin research.

Old Mutual Global Investors appoints new distribution head for Asia

Old Mutual Global Investors has appointed a new head of distribution for Asia following a review of its Asian strategy.

Prime Super renews custodial services contract with NAB Asset Servicing

National Australia Bank’s (NAB) Asset Servicing business has been awarded a further five year custody contract by Prime Super, a $1.6 billion industry fund for regional and rural Australia.

Jersey signs tax information exchange agreement with Switzerland

Jersey has signed a tax information exchange agreement (TIEA) with Switzerland. This is the Island’s 32nd TIEA which meets the OECD tax standards on transparency and information exchange.

SEC approves registration rules for municipal advisors

The US Securities and Exchange Commission (SEC) has voted unanimously to adopt rules establishing a permanent registration regime for municipal advisors as required by the Dodd-Frank Act.