All articles by Verdict Staff

Verdict Staff

Giving a boost to Malta’s investment fund market

“Over the past twenty years, Malta has gone through a complete reform in its corporate legislation and regulatory framework. Two of the key initial initiatives included the introduction of the Companies Act in 1995 and later the introduction of a single regulator – the Malta Financial Services Authority (MFSA).

Merrill Lynch lures advisors from Goldman, Morgan Stanley

Merrill Lynch Wealth Management has hired a multi-million dollar private banker in Denver from Goldman Sachs Group and a two-person broker team in Miami that had been with Morgan Stanley for 13 years, according to Reuters.

Swiss parliamentarians call for split of banking giants UBS and Credit Suisse

Swiss lawmakers from both right-wing and left-wing political parties are mounting a new effort to split up banking giants UBS and Credit Suisse, according to a report published by Reuters.

FCA to carry out market study into £1 trillion UK cash savings market

The UK’s Financial Conduct Authority (FCA) has revealed plans to carry out a market study into the £1 trillion UK cash savings market. This study will be part of a programme of work where the FCA will look across financial services markets and assess whether or not competition is working effectively in the best interests of consumers.

Aviva Investors launches second US equity income fund

Aviva Investors has launched its US Equity Income II fund following the soft closure of the £362 million Aviva Investors US Equity Income fund.

Threadneedle to launch asset-backed income trust

Threadneedle, a UK based wealth manager, is aiming to raise £200 million for the launch a new investment trust targeting opportunities in the asset-backed securities market.

ETF Securities launches Canvas service for asset managers

ETF Securities, a London-based provider of exchange-traded products (ETPs), has launched Canvas, a service enabling asset managers from around the world to build and launch white-labelled ETFs in Europe.

OBSR founders unveil new investment consultancy business

Richard Romer-Lee and Nigel Whittingham, the founders of OBSR, have launched a new investment consultancy and fund rating business.

Barclays opens new office in Surrey

Barclays has opened a new office at Guildford in Surrey for its corporate banking department with its wealth and investment management division, according to E3 Consulting.

G20 leaders endorse new OECD principles on long-term investment financing

G20 leaders have endorsed an OECD-launched initiative to encourage the flow of institutional investment towards longer-term assets, such as infrastructure and renewable energy projects, in order to strengthen the global economy.