All articles by Verdict Staff

Verdict Staff

Barings Asset Management appoints business development analyst

UK-based Baring Asset Management has named former Lipper head of UK and cross-border research Ed Moisson as a business development analyst to bolster the firm’s research capabilities.

Prestige Fund Management acquires equity stake in Methexis Holdings

Prestige Fund Management (PFM), a Cayman-based investment manager, has acquired a significant equity stake in Methexis Holdings, an Isle of Man-based corporation and owners of UK based investment manager Methexis Capital Advisors.

CFTC issues final rules to implement enhanced risk management standards for SIDCO

The Commodity Futures Trading Commission (CFTC) approved final rules to implement enhanced risk management standards for systemically important derivatives clearing organizations (SIDCO).

SunGard expands XSP business into Singapore

SunGard has expanded its XSP business to build a presence in Singapore in response to customer demand for solutions to address increasing complexity and volumes of corporate actions in Asia-Pacific.

Australian dollar depreciated 14.2% against US dollar between 2007 and 2012

Australian dollar depreciated 14.2% against US dollar between 2007 and 2012

Vanguard Explorer fund adds Stephens Investment as advisor

US-based investment management firm Vanguard has added Stephens Investment Management Group as an advisor to the US$11.4 billion Vanguard Explorer Fund.

BMO Investments introduces five new mutual funds for income-focused investors

BMO Investments has launched five new mutual funds to support the needs of income-focused investors.

HMRC targets ‘high-risk’ advisors

HM Revenue & Customs (HMRC) has set out plans for a new regime which will target ‘high-risk’ advisors marketing tax avoidance schemes and may levy fines of up to £1 million for those who fail to comply with its rules.

Abu Dhabi Islamic Bank plans to expand in North Africa

Abu Dhabi Islamic Bank plans to expand in North Africa as the lender controlled by the emirate’s ruling family seeks to access more-populous markets, reports Bloomberg.

BMO Investments launches new SelectTrust and ETF portfolios

BMO Investments (BMOII) has introduced two new managed solutions: SelectTrust Portfolios and ETF Portfolios in a trust structure.