All articles by Verdict Staff
Verdict Staff
BNY Mellon declares its depositary services AIFMD ready
BNY Mellon has said that it is ‘AIFMD-ready’ and able to provide full depositary services to asset managers impacted by the new Alternative Investment Fund Managers Directive (AIFMD), which came into force on 22 July 2013.
BGF makes three new appointments
Business Growth Fund (BGF) makes three new appointments in its Scottish investment team to support the increasing levels of interest in the fund and expand its presence.
Eurex launches options on French government bond futures
Eurex Exchange will launch options on futures that are based on notional long-term bonds issued by the French Republic on 10 September 2013, with a notional coupon of 6% and a remaining maturity of 8.5 to 10.5 years.
Washington Trust wealth division reports 6% rise in Q2 revenue
Washington Trust Bancorps wealth management arm has posted revenues of US$7.91 million for the second quarter of 2013, up by US$438,000 or 6%, from US$7.47 million in the year ago period.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Neuberger Berman sees global opportunities amid market volatility
Portfolio managers and strategists at Neuberger Berman anticipate continued capital markets volatility through the second half of 2013 and into 2014 as a result of investor interpretation of the Federal Reserve’s easing strategies, concerns about economic growth prospects worldwide, and mixed signals in company fundamentals.
Cyprus to introduce tax amnesty to lure back capital
Cyprus intends to boost liquidity of the national financial system by introducing a tax amnesty encouraging taxpayers to bring back any funds hidden overseas.
Allianz Global Investors hires global EMD head
Allianz Global Investors (AllianzGI) has hired Greg Saichin as head of emerging market debt (EMD) from Pioneer Investments.
Beverly Hills Wealth Management poaches two Morgan Stanley advisors
Beverly Hills Wealth Management, a boutique investment advisory firm, has expanded its presence in California by adding a team of two veteran advisors from Morgan Stanley.
Fiduciary Network acquires interest in Texas-based wealth management firm
Fiduciary Network has acquired a minority equity interest in Texas-based Durbin Bennett Peterson Private Wealth Management.