All articles by Verdict Staff

Verdict Staff

Pinnacle Trust goes live on SEI Wealth Platform

SEI has reported that Pinnacle Trust has gone live on the company’s fully integrated wealth management solution, SEI Wealth Platform.

BNP Paribas expands dealing services to Australian market

BNP Paribas Securities Services has expanded its global dealing services solution to include the Australian market, targeting super funds with in-house investment capabilities.

Singapore signs up for FATCA to stop foreign criticism

Singapore has joined a controversial American law FATCA aimed at uncovering the secret financial assets of US taxpayers after the city state was criticised on the international stage.

SEBI likely to adopt new measures to ease foreign fund inflows

The Securities & Exchange Board of India (SEBI) is likely to adopt a slew of measures aimed at easing foreign fund inflows, including creation of an umbrella class of investors that will wipe out the separate category for FIIs.

Edelman Financial Services expands to Philadelphia area

Edelman Financial Services, an independent financial planning and investment management firm, has opened its first office in the Philadelphia area in Conshohocken at 100 Front Street.

Global regulators publish framework for regulation of ETFs market

Global securities regulators have published a framework for further regulation of the US$1.9 trillion Exchange Traded Funds (ETFs) market, according to Reuters.

Frostrow Capital to seek AIFM approval

British investment trust specialist Frostrow Capital is seeking regulatory permissions to perform the role of Alternative Investment Fund Manager (AIFM), ahead of the impending Alternative Investment Fund Managers Directive (AIFMD) coming into force next year.

US court rejects Madoff Trustee’s plea to sue big banks

A US federal appeals court has rejected Madoff trustee Irving Picard’s bid to recover nearly US$30 billion from JPMorgan Chase and other banks he accused of aiding in the swindler’s fraud.

Mercer Bolsters Wealth Management offer with new services

Mercer has developed a High Volume Research (HVR) and High Volume Monitoring (HVM) service as part of its roll-out of investment services to the wealth management industry.

Government of Bermuda denies tax deal with Britain – reports

The Government of Bermuda has stated that it has not entered into any tax avoidance treaty with the British Government, according to reports.