All articles by Verdict Staff

Verdict Staff

Prosiris Capital makes new appointment to investment team

Prosiris Capital Management, a US-based credit-oriented investment manager, has appointed RMBS trader Aashish Marfatia to its investment team.

Wealth management firms need to employ successful data governance strategy: Aite Group

Asset and wealth management firms need to employ a successful data governance strategy based on tangible metrics and data improvement goals that are assessed regularly, according to a new report from Aite Group.

Standard Chartered forms RMB solutions team

Standard Chartered has formed a new renminbi solutions team, which will assist clients about the opportunities that come from the internationalisation of the Chinese currency.

Standard Life’s AuM rises by 7% in H1

Standard Life’s total asset under management (AuM) stood at £178.8 billion (US$279.5 billion) for the first six months of 2013, an increase of 7% compared to £167.7 billion (US$262.2 billion) for the same period last year.

ING Investment’s Renta Fund Global High Yield hits €3 billion in AUM

ING Investment Management International has reveled that the ING (L) Renta Fund Global High Yield has surpassed the €3 billion mark in assets under management (AUM).

Meridian Fund Services appoints new CEO

Meridian Fund Services Group has appointed Fergus Healy as the Group’s new CEO effective 15 August 2013.

Cayman Islands concludes FATCA negotiations with US

The Cayman Islands Government (CIG) has concluded negotiations with the US on a Model 1 intergovernmental agreement (IGA) and a new tax information exchange agreement (TIEA).

SS&C GlobeOp brings voice recognition to fund administration app

SS&C Technologies, a provider of financial services software and software-enabled services, today said that SS&C GlobeOp has embedded a voice recognition assistant in its iPhone and iPad App for comprehensive mobile fund administration.

SEC charges Ohio-based hedge fund manager

The US Securities and Exchange Commission (SEC) has charged Ohio-based hedge fund manager Anthony Davian with misappropriating about US$1 million from investors in funds managed by his company, Davian Capital Advisors.

FlexTrade integrates with OTC Link ATS

FlexTrade Systems, a US-based provider of broker-neutral algorithmic trading platforms and execution systems, has completely integrated with OTC Link, a wholly-owned subsidiary of OTC Markets Group Inc., to support trading and market making on OTC Link’s SEC registered Alternative Trading System, OTC Link ATS.