All articles by Verdict Staff

Verdict Staff

Jamaica authorities suggest reverse FATCA implementation

Senior deputy governor of the Bank of Jamaica, Myrtle Halsall, has, reportedly, suggested that Jamaica could initiate steps to get financial information on nationals living in the US in similar way the US authorities are seeking to do with its Foreign Account Tax Compliance Act (FATCA).

Liontrust Asset Management annual pre-tax profit surges

Liontrust Asset Management has reported adjusted profit before tax of £3.8 million for the year ended 31 March 2013, compared to £1 million seen last year.

HMRC issues further guidance on rebate tax position

UK’s HM Revenue & Customs (HMRC) has issued a number of clarifications on the updated tax rebate position following requests from providers.

Investment managers struggling with data aggregation: DST survey

According to DST Global Solutions global investment management survey, 76% of top-tier fund managers have seen a significant increase in priority of investment data management.

Abacus unveils file-hosting service for hedge funds, private equity firms

Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has unveiled FlexDrive, a file-hosting service that allows hedge funds and private equity firms to securely share and transfer files with other users and other devices.

Italians’ real estate investments overtaken by financial products – Anima GfK Eurisko report

According to a research conducted by Anima SGR and GfK Eurisko, real estate investments ranked lower in Italians’ top list and were overtaken for the first time by financial products.

Raymond James launches bundled pricing model for small investors

Raymond James has launched an additional bundled pricing model for its administration platform, which will enable wealth managers to trade funds and UK shares without incurring execution charges.

Chelverton launches UK’s new investor club

British asset management company Chelverton has launched a new venture focused on small UK company investments for high net-worth individuals.

Evercore Mexico Capital Partners raises US$201 million for fund

Evercore Mexico Capital Partners has completed fundraising for Evercore Mexico Capital Partners III (EMCP III), raising US$201 million, its largest fund ever.

Cofunds appoints operations head from Aviva

Legal & General-owned platform Cofunds has hired Aviva’s customer experience head Matt Benson as its head of operations, replacing Maggie Morris.