All articles by Verdict Staff

Verdict Staff

Commodity market decreased in June amid continued slowing growth signals from China: Credit Suisse

Commodities were lower in June as uncertainty surrounding the future of the global economic recovery remained high.

Majority of newcomers to Canada not confident in their financial knowledge: RBC poll

Six-in-10 newcomers (60 per cent) who arrived in Canada in the past year say that they lack financial nowledge, including how to establish and build credit during their first year living in Canada, according to the RBC Newcomer Financial Attitudes Poll.

Singapore unlikely to overtake Switzerland in wealth management

Singapore is unlikely to overtake Switzerland as the top wealth centre in the world by 2015, but it should strive to play to its strength in world of global finance, Prime Minister of Singapore Lee Hsien Loong said.

Fidelity to expand investment capability in Australia

Fidelity is set to expand its investment capability in Australia with a number of new products, reports Financial Standard.

Have your clients regularised themselves into a new tax and reporting headache?

Since the signing of the UK-Swiss tax agreement in October 2012, Swiss banks have been writing to account holders who have a connection with the UK.

INTECH Investment expands absolute volatility strategies with ACWI offering

Florida based INTECH Investment Management, a subsidiary of Janus Capital, has launched two global absolute volatility funds to include strategies benchmarked to the MSCI All Country World Index (ACWI).

SEI selected as fiduciary manager by Avery Dennison UK pension plan

SEI has been appointed as fiduciary manager by the trustees of the Avery Dennison UK pension plan.

FCA plans to extend rules on advisors complaints reporting

The Financial Conduct Authority (FCA) of UK is planning to extend its rules on complaints reporting to ensure advisors who recommend securities and derivatives meet the same reporting standards as retail investment advisors.

ASIC permanently bans former Gateway Financial advisor

The Australian Securities and Investments Commission (ASIC) has permanently banned Joshua John Doyle, a former Gateway Financial advisor, from providing financial services after he was convicted of serious fraud offences.

ESMA vice chair re-elected

The Board of Supervisors of the European Securities and Markets Authority (ESMA) has re-elected Carlos Tavares as its Vice Chair. Mr. Tavares, who is Chairman of the Portuguese Comissão Do Mercado De Valores Mobiliários (CMVM), has completed an initial 2½ year term and will now serve a further term of 2½ years in the position.