All articles by Verdict Staff
Verdict Staff
US advisors increase allocations to ETFs with active mutual funds: Cogent Research
Despite declining fund use among advisors, US financial advisors are now just as likely to invest new money from clients into exchange traded funds as traditional mutual funds, according to recent survey from Cogent Research, a market strategies international company.
Ukraine-Cyprus double taxation agreement nears ratification
The president of Ukraine Viktor Yanukovych has signed the law on ratification of the convention between the government of Ukraine and the government of Cyprus for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income and its protocol.
British financial advisors charge £156 per hour on average
Financial advisors on average charge £156 an hour, a new research from the Association of Professional Financial Advisers (APFA) has revealed.
Average return for key asset classes up 2.8% in past year: Lloyds TSB Private Banking study
According to a new research by Lloyds TSB Private Banking the average return for nine key asset classes increased by 2.8% over the 12 months to June 2013. This was in contrast to the previous year when the average return fell into negative territory (-0.1%) for the first time since 2009.
Credit Suisse and Cass Business School launch new multi-asset indices
Credit Suisse and Cass Business School have together launched Trend Master Index, a series of investible indices designed to provide an efficient and cost-effective way to gain exposure to a multi-asset class investment strategy.
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India may allow private fund managers to manage govt employees’ pensions
The Finance Ministry of India is likely to appoint five private fund managers to manage pension corpus of government employees.
Saracen Fund Managers appoints head of research
Saracen Fund Managers, the independent investment management company, has appointed Fund Manager, David Keir, as Head of Research.
RBC winds up bond trading business in Europe
Royal Bank of Canada (RBC) has closed its European government-bond trading business due to low returns from the region.
Citi extends global network for liquidity management
Citi has further extended its liquidity management network with the addition of Notional Pooling in Amsterdam, thereby providing clients with global hubs for liquidity management across six money centers including New York, London, Amsterdam, Singapore, Hong Kong, and Tokyo.
Nedbank Private Wealth names new head for Middle East & Asia
Nedbank Private Wealth has appointed Andrew Bates to head its Middle East and Asia operation.