All articles by Verdict Staff
Verdict Staff
Investment grade credit, high yield debt, emerging markets debt appear attractive: Standish
Investment grade credit, high yield debt and emerging markets debt appear attractive to fixed income investors, according to a recent report from Standish, the Boston-based fixed income specialist for BNY Mellon.
Legal & General Investments expands index range into global inflation linked bonds
UK-based Legal & General Investments (L&GI) has launched the Legal & General Global Inflation Linked Bond Index Fund, responding to advisers desire to diversify the fixed income element of client portfolios and insulate their investments from the effect of rising global inflation.
Ryan appoints new principal
Ryan, a global tax services firm, has appointed Mehrdad Talaifar as a principal to support the continued growth of the its global tax technology practice.
Nigeria selects Goldman, Credit Suisse, UBS to manage sovereign wealth fund
The Nigeria Sovereign Investment Authority (NSIA) has selected Goldman Sachs, UBS and Credit Suisse as asset managers for the 20% portion of its US$1 billion Stabilisation fund that is meant to cushion against oil price shocks.
US investigation into JP Morgan hiring practices expands in Asia
US government investigations into the hiring practices of JP Morgan in China, which had initially cantered on the bank’s Hong Kong office, has widened to include countries across Asia and more than 200 interns and full-time staff.
UBS consumption indicator remains virtually unchanged
The UBS consumption indicator remained virtually unchanged in July at 1.41 index points compared with the previous month (revised down from 1.44 to 1.41), continuing a trend that has been ongoing since April.
First Trust launches senior loan ETF in Canada
FT Portfolios Canada (First Trust Canada) has launched the common and advisor class of units of the First Trust Senior Loan ETF (CAD-Hedged) in Canada.
State Street Investor Confidence Index falls in August
State Street Global Exchange has revealed that the State Street Investor Confidence Index (ICI) fell to 105.1 in August, down 2.6 points from July’s revised reading of 107.7.
SEI slashes clean share class fund fees of strategic portfolios
SEI has reduced the total fund fees of its clean share class of several funds by 5-10 basis points to bring parity between clean and bundled share classes.
Bestinvest secures services contract from Infinity Financial Solutions
Bestinvest, a UK-based wealth management company, has secured a contract from Asian advisory firm Infinity Financial Solutions to provide a range of investment portfolios and discretionary management services.