All articles by Verdict Staff

Verdict Staff

SEC to expand ban on former employee contacts

The US Securities and Exchange Commission (SEC) has introduced an expanded ethics rule, which may ban its employees from having contacts with former colleagues.

Sentry Investments restructures its global equity team

Sentry Investments has reported that Dennis Mitchell, executive vice-president and chief investment officer, has assumed lead portfolio manager responsibility for Sentry Global Growth and Income Fund and the equity portion of Sentry Global Balanced Income Fund.

Emerging market issuers more susceptible to collapse warns ASIC

Australian Securities and Investments Commission (ASIC) in a report has warned that Australian companies that have significant operations in emerging markets are more susceptible to collapse than domestically focused ones.

JPMorgan ordered to pay US$42.5 million to Blavatnik over mortgage losses

JPMorgan has been ordered to pay billionaire Leonard Blavatnik US$42.5 million damages in relation to a soured investment in mortgage-backed securities.

Farmland prices in UK treble in decade and set for £10000 an acre: RICS survey

The price of UK farmland has trebled in less than a decade to hit a record high during the first half of 2013 and is expected to rise further in the next 12 months, according to the RICS rural land market survey.

BT Financial appoints new head of product for equities division

BT Financial, the wealth management arm of Australian bank Westpac, has hired Lucy Steed as head of product and development within the equities division.

SECP forms Shariah Advisory Board

The Securities and Exchange Commission of Pakistan (SECP) has formed the Shariah Advisory Board (SAB), which will be responsible to harmonize the Shariah interpretations and strengthen the regulatory and supervisory oversight of Islamic financial institutions (IFIs) and Islamic capital markets (ICMs) in Pakistan.

Mercator Trust expands senior management team

Mercator Trust, a provider of fiduciary, financial and fund administration solutions, has named its senior manager Jeremy Mahoney as associate director.

OECD appoints new deputy secretary-general

The Organisation for Economic Co-operation and Development (OECD) has appointed William Danvers as its deputy secretary-general, effective from early September.

Millenium Management executives plan to launch hedge fund in Asia

Two executives of Millennium Management are planning to launch a US$1.4 billion hedge fund in Asia, reports suggest.