All articles by Verdict Staff

Verdict Staff

Consumer confidence reflects economic cross-currents: Thomson Reuters/University of Michigan

Consumer confidence eased in August after reaching its highest level in six years in the prior month, according to a survey conducted by Thomson Reuters/University of Michigan.

Franklin Templeton Investments launches GCC focused bond fund

Franklin Templeton Investments has launched new Franklin GCC Bond Fund, a sub-fund of its Luxembourg-registered Franklin Templeton Investment Funds SICAV range.

Close Brothers hires two investment directors to HNW team

Close Brothers Asset Management (CBAM) has appointed two new investment directors to its Bespoke Investment Management team.

Prestige, Methexis launch new secured lending fund

Prestige Asset Management and investment advisor Methexis Capital have launched a new fund called Commercial Finance Opportunities (CFO) that focuses on secured lending to private companies in the UK.

Basel Committee releases final framework for margin requirements for non-centrally cleared derivatives

The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) released today the final framework for margin requirements for non-centrally cleared derivatives.

UBS extends custodial services contract with NAB for three more year

The asset servicing business of National Australia Bank (NAB) has been re-appointed to provide custodial services to fund manager client UBS Global Asset Management for a further three years.

Jenepé appoints new head of global business development

Jenepé Capital has appointed David Macauslane as head of global business development.

IMA appoints two new directors for regulatory affairs

The Investment Management Association (IMA) has appointed Julie Patterson as director of regulatory affairs for retail and funds, and Richard Metcalfe as director of regulatory affairs for institutional and capital markets.

Euroclear Nederland, Broadridge to launch automated meeting notification service

Euroclear Nederland and Broadridge Financial Solutions are launching an automated, ISO-compliant shareholder meeting notification service in the Netherlands.

Brazilian boutique VBI forms specialist fund management company in Hong Kong

Brazilian asset management firm Victoire Brasil Investimentos (VBI) has partnered with emerging markets fund manager Aquico Wen to establish a specialist fund management company in Hong Kong.