All articles by Verdict Staff
Verdict Staff
Alceda partners with AFINA to expand business in Latin America
Luxembourg-based Alceda Fund Management is partnering with the US-based AFINA Holdings to expand its business in Latin America.
JP Morgan to liquidate pension hedge fund investments
JP Morgan is set to liquidate all of the hedge fund investments held by its US$13 billion pension fund, industry website Hedge Fund Alert has reported.
Two thirds of UK fund managers concerned about current levels of market volatility: Study
Two thirds (66%) of pension fund managers are concerned about current levels of market volatility. While more than a fifth (22%) claim that an increase in volatility becomes more of a concern than an opportunity, according to the latest poll by Baring Asset Management.
UBS Fund Services selects Tech Mahindra for managed data services
UBS Fund Services (Luxembourg) (UBS FSL) has selected Tech Mahindras platform, Tech Mahindra Managed Data Services (MDS), to support its asset managers, wealth managers, investment banks, custodians and administrators.
Pre-tax income down 12% at Raymond James private client group in Q3
Raymond James Financial’s private client group reported pre-tax income of US$56.7 million for the third quarter of fiscal 2013, a 12% decrease compared to US$ 64.3 million for the same period of previous year.
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Majority of Australian CEOs believe technology plays key role in delivering new financial products
Nearly all CEOs (96%) in a recent survey believe technology is a key consideration when conducting strategic planning and an overwhelming majority (80%) believe technology plays a major role in innovation and delivering new financial products.
Cost continues to drive platform choice: CoreData Research
Investment platform pricing and underlying investment management costs continue to be the prominent factors in adviser platform selection, CoreData Research has found.
Morgan Stanley launches Asia Pacific focussed fund in partnership with Dalton
Morgan Stanley in partnership with Dalton Investments has launched MS Dalton Asia Pacific UCITS Fund, under its FundLogic Alternatives umbrella.
Atlantic Trust adds senior talent in Washington office
Atlantic Trust, the private wealth management division of Invesco, has appointed Jason Stoneman as senior vice president and senior relationship manager in the firm’s Washington, D.C office.
Sungard, Oddo Services Switzerland collaborate to deliver Ambit Private Banking on BPO platform
SunGard and Oddo Services Switzerland have collaborated to deliver SunGards Ambit Private Banking solution on a business process outsourcing (BPO) platform.