All articles by Verdict Staff
Verdict Staff
Safra Sarasin hires Managing Director for Singapore office
Bank j. Safra Sarasin has hired a new Managing Director for its client advisory business in Singapore. Jeffrey M. Benjamin joins the Swiss bank as they set to increase their presence in Asia, and will focus on their ultra high net worth clients.
High income investors still being cautious: Spectrem study
A Spectrem study of wealthy investors based on income indicated that 56% of investors plan to put money into savings accounts over the next 12 months. Forty-five percent said they would invest in equities, and 33% said they would invest in money market funds.
UK aims to net £300 million from offshore gaming tax rule
The British government has announced a £300 million clampdown on tax avoidance by offshore internet gambling firms that avoid paying UK taxes by basing themselves outside the UK but target British customers.
Hargreaves Lansdown to secure passive deals with fund groups
Hargreaves Lansdown is in talks with a number of fund groups to secure exclusive deals to sell its passive products at discounted prices, according to Investment Week.
GTreasury and Hedge Trackers enter into strategic alliance
G Treasury SS and Hedge Trackers have entered into a strategic partnership to offer a more comprehensive solution to treasury and accounting professionals for liquidity and hedge management.
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Neuberger Berman sees moderate economic growth, relative value in 2014 for EM markets
Emerging markets debt (EMD) portfolio managers and strategists at money manager Neuberger Berman say that contrary to some recent market views, they believe growth in emerging markets economies is likely to improve and the financing needs of sovereign and corporate issuers are relatively moderate, potentially limiting supply, supporting credit fundamentals and spreads, and providing a constructive environment for bonds.
Citi expands Sagicor Jamaica’s services mandate
Citi has secured a new mandate from Sagicor Jamaica to offer a set of global custody, treasury, and fund administration services for its additional assets.
Placemark Investments bolsters advisory solutions team
Placemark Investments has added two new vice presidents to its Investment Advisory Solutions team.
Pershing selects SunGards Valdi to help grow trading business in Canadian markets
Pershing, a BNY Mellon company, has selected SunGard to provide market connectivity to its newest international broker-dealer in Canada.
WN Wealth Management introduces new investment & planning processes for customers
Canada-based WN Wealth Management has introduced new and focused investment and planning processes in its strife to make its clients lives easier and stress-free.