All articles by Verdict Staff
Verdict Staff
SunGard releases enhanced version of its accounting solution for asset managers
SunGard has released an enhanced version of its Asset Arena InvestOne global accounting solution for asset managers, custodian banks and third party administrators.
SEC adopts rules to increase protections for investors with assets being held by broker-dealers
The US Securities and Exchange Commission (SEC) has adopted rules designed to substantially increase protections for investors who turn their money and securities over to broker-dealers registered with the SEC.
SEC sanctions two investment advisory firms for best execution failures
The US Securities and Exchange Commission (SEC) has sanctioned two investment advisory firms for failing to seek best execution on client trades placed with their in-house brokerage divisions.
Standardization of Islamic finance regulations key to future growth
Standardisation of the regulations governing Islamic finance is must to ensure the globalisation of Islamic finance, according to Hussain AlQemzi, group CEO of Noor Investment Group and CEO of Noor Islamic Bank.
Despite business benefits, advisors still slow to adopt social media: SEI Survey
While a recent Pew study, titled The Demographics of Social Media Users 2012, found that more than two-thirds of all online adults are using social networks, financial advisors are much slower to adopt social media for their businesses according to a new poll released today by SEI.
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Nestle selects PIMCO to run its global credit fund
Swiss food giant Nestle has selected American investment management firm PIMCO to run its global credit fund.
AllianceBernstein reports 6.7% rise AuM in Q2
American investment management firm AllianceBernstein’s total assets under management (AuM) were US$434.6 billion at 30 June 2013, an increase of 6.7% compared to US$407.3 billion in the corresponding year ago period.
High gas prices not having huge impact on affluent investors: Spectrem
Affluent investors are not impacted greatly by recent fluctuations in gas prices, according to a Spectrem Group consumer spending survey.
Bank of Thailand bans Bitcoin
Bitcoin Co Ltd, which allows users to buy, sell and exchange the virtual currency, said the Bank of Thailand has ruled bitcoin activities illegal in Thailand due to the lack of existing regulations.
Family office sees smaller company loans as less risk than equities
Ultra high net worth individuals are being advised to step into a lending gap in the UK and Germany as an investment opportunity. The advice comes as traditional lenders move away from smaller companies just as the SME market becomes more dependent on debt according to the European Central Bank.