All articles by Verdict Staff
Verdict Staff
Pimcos head of emerging market equity research resigns
John Longhurst, the head of emerging markets equity research of Pacific Investment Management Company (Pimco), has left the company.
SS&C GlobeOp launches new release of GoWire application
SS&C Technologies, a global provider of financial services software and software-enabled services, has launched a new release of its GoWire application that gives clients real-time access to critical cash flow movements.
Avaloq wins Deutsche Banks wealth management deal in Switzerland
B-Source, a subsidiary of Avaloq group, has assumed the operational responsibility for the Wealth Management Operations Back-Office of the Deutsche Bank (Switzerland), including 80 employees in Geneva.
Angel Oak advisory launches non-maturity deposit analytics
Angel Oak Advisory Services, LLC has launched a service to help financial institutions develop reasonable assumptions around the stability and repricing characteristics of non-maturity deposits (NMDs).
FATCA compliance continues to concern asset managers: Northern Trust survey
Asset managers continue to be challenged by the ‘lack of consistency’ and ‘uncertainty’ around the Foreign Account Tax Compliance Act (FATCA), according to data released by Northern Trust following its annual survey of fund managers.
Equiom Group opens new office in Swatar, Malta
The Equiom Group has opened its new office in Swatar, Malta, initially providing corporate services to the Yachting and Aviation sectors.
Coutts to base its global trust operation in Jersey
Coutts, the private banking arm of RBS, has decided to base its global trust operation in Jersey Island.
Investors pull out US$23.3 billion from bond funds in a week- EPFR
Investors pulled US$23.3 billion out of bond funds in the week ending 26 June 2013, the biggest outflow since records started in 1992, according to data released by research firm EPFR Global.
Manulife Investments to launch new small cap equity fund in Japan
Manulife Investments Japan has said it will introduce a new investment trust fund Manulife Asia Oceania Growing Small Cap Equity Fund, on 31 July 2013.
FCA introduces new tax transparent funds in AIFMD guidance
The FCA has published new tax transparent fund structures under the alternative investment fund managers directive (AIFMD) guidance, to align the UK asset management industry with the rest of Europe.