All articles by Verdict Staff

Verdict Staff

Deutsche AM plans to launch inflation-linked bond fund in India

Deutsche Asset Management (Deutsche AM)has filed papers with Indian market regulator SEBI to launch a bond mutual fund linked to inflation.

Butterfield Private Bank names new marketing head

Butterfield Private Bank, which specialises in providing wealth management services to HNW and UHNW individuals, has hired Jo Hill as its new head of marketing.

CFTC charges former MF Global CEO

The US Commodity Futures Trading Commission (CFTC) has filed civil charges against former MF Global CEO, Jon Corzine, and former assistant treasurer, Edith O’Brien, for overseeing the misuse of almost US$1 billion in customer funds.

Danske Bank awards emerging markets mandate to Goldman Sachs

Denmark’s Danske Bank has awarded Goldman Sachs Asset Management a US$1.6 billion mandate to invest in emerging market bonds.

Aviva Investors appoints interim CEO

Aviva Investors has appointed John Misselbrook, currently a non-executive director on the Aviva Investors board, as interim CEO.

Appetite for advice on rise among affluent investors in US: Schwab study

According to a new study from Schwab, seven in 10 affluent investors feel financial markets are too complicated to navigate without an advisor.

Insight Investment appoints global head of distribution

Insight Investment, a UK-based institutional asset manager, has appointed Philip Anker as global head of distribution.

Reputation critical to success in financial services sector: Study

Despite an improving economy and recent record highs in the stock market, nearly half i.e. 44% of financial services companies lost 5% or more business in the past 12 months due to ongoing reputation and customer satisfaction issues.

World Gold Council appoints new MD for worldwide investment

The World Gold Council, the market development organisation for the gold industry, has appointed Kevin Feldman as managing director of worldwide investment.

Bank of America Merrill Lynch licenses SWIFT MyStandards product

Bank of America Merrill Lynch has licensed the SWIFT MyStandards product, a web-based application designed to facilitate the management of global standards and market practices across the financial industry.