All articles by Verdict Staff
Verdict Staff
Nearly 20% Americans expect never to retire: HSBC study
Nearly one in five (18%) working-age Americans expect they will never be able to afford to completely retire, believing that circumstances will require them to work indefinitely. This compares to an international average of around one in eight (12%), according to a new report published by HSBC.
Financial advisor firms must transform recruiting models to appeal to Generation Y: Pershing study
Pershing, a BNY Mellon company, has released its research report on college students’ career priorities and their potential to become tomorrow’s financial advisors.
Royal London Asset Management launches Buy & Maintain Credit Fund
Royal London Asset Management (RLAM) has launched the Royal London Buy & Maintain Credit Fund within its Royal London Pooled Pension Company (RLPPC) range of funds.
Barclays’ head of key clients and family offices departs
Head of key clients and family offices at Barclays’ wealth and investment management division, Stefanie Drews has left the firm, according to Financial News.
Investors secure key private equity fund term concessions: Preqin study
New research published in the 2013 Preqin Private Equity Fund Terms Advisor reveals that pressure in the current private equity fundraising market has led to private equity funds adopting terms and conditions more favorable to investors in an attempt to draw commitments to their funds.
Barclays launches new charity fund
Barclays has launched its new Charity Fund, a tax elected fund designed for UK charities.
Isle of Man signs tax co-operation agreement with Italy and Lesotho
As part of the Isle of Man Governments ongoing programme of signing Double Taxation Agreements and Tax Information Exchange Agreement (TIEAs), Treasury Minister Eddie Teare MHK signed TIEAs with Italy and Lesotho in London.
BNY Mellon’s chief economist expect three phases of interest rate normalization over next five years
A gradual interest rate normalization is expected to occur during a prolonged multi-year economic expansion, according to BNY Mellon chief economist, Richard Hoey, as outlined in his report entitled, Interest Rate Normalization.
Centum Investment to acquire Genesis Kenya Fund Management Business
Kenya-based Centum Investment Company has agreed to buy 73.4% shareholding stake in Genesis Kenya Investment Management for an undisclosed sum.
B Capital appoints new regional market head for Middle East
B Capital, a Switzerland-based investment firm providing advisory services to high net worth individuals, has appointed Omar Tarbush as regional market head Middle East.