All articles by Verdict Staff
Verdict Staff
Freddie Mac appoints U.S. Bank as global agent on new bond note offering
U.S. Bank Global Corporate Trust Services will serve as global agent on Freddie Macs landmark US$500 million unsecured bond offering which closed on 26 July 2013.
Implemented Portfolios launches IMA superannuation service
Australias investment manager Implemented Portfolios has partnered with netwealth, a platform provider, to launch their Individual Managed Account (IMA) superannuation service, reports Financial Standard.
Aberdeen, Artemis and Schroders Entrust Investment fund settlement to Euroclear UK & Ireland
Euroclear UK & Ireland (EUI) has been selected today by three leading investment fund houses in the United Kingdom to settle transactions in their funds: Aberdeen Asset Management, Artemis Fund Managers and Schroders Investment Management. All three already use EUI for automated fund order routing.
US courts allow IRS to identify Norwegians suspected of tax evasion
The US Department of Justice has said that the federal courts in six US states have ordered allowing the Internal Revenue Service (IRS) to serve so-called “John Doe” summonses on US banks seeking information about unknown individuals who have used certain credit or debit cards in Norway.
Hedging help US investors returns during bull run for US dollar: Mellon Capital report
US based investors with international portfolios might consider the merits of hedging as the US dollar appears to be entering a period of sustained strengthening, according to Mellon Capital Management, the San Francisco-based multi-asset-class investor for BNY Mellon.
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IFDL to sell D2C platform Fundsdirect
Investment Funds Direct Limited (IFDL), an independent wrap platform, has put its direct-to-consumer (D2C) business, Fundsdirect, up for sale.
Fidelity Worldwide Investment in Australia joins Calastone
Calastone, the global transaction network for the superannuation and managed fund industries, has joined Fidelity Worldwide Investment’s (Fidelity) Global Funds Transaction Network in Australia.
Washington Trust to open new branch in Rhode Island
Washington Trust has announced plans to open its first branch in Johnston, Rhode Island.
National Financial Partners names new COO
National Financial Partners, a provider of wealth management and insurance services, has appointed Michael Goldman as COO, effective 1 July 2013.
Big Issue magazine to launch fund management business
Big Issue Invest, the social investment arm of The Big Issue magazine, is looking for a CEO as it prepares to launch a fund management business later this year.