All articles by Verdict Staff

Verdict Staff

Investors worried about financial repression as policy decisions drive global markets: Study

More than 62% of investors are of the opinion that Central bank policy decisions will be the primary factor driving global markets in the next three years, says an annual report released by CREATE-Research and commissioned by Principal Global Investors.

SEI Canada appoints managing director, head of asset management distribution

SEI has appointed Andy Mitchell as managing director, head of asset management distribution for SEI’s Canadian office.

Polar Capital annual pre-tax profit surges 59%

British fund manager Polar Capital has reported pre-tax profit of £15.3 million (US$24.05 million) for the year ended 31 March 2013, up 59.37% from £9.6 million (US$15.08 million) reported a year ago.

Is it do or die time for the Swiss IAM segment?

Switzerland’s independent asset management (IAM) sector grew significantly from the mid-1980s through to the mid-2000s. At year-end 2011, up to 3,600 firms managed total client assets of up to CHF650 billion (12.3% of the Swiss total of CHF5.3 trillion).

Mirabaud hires global equities head

Mirabaud Asset Management has hired Anu Narula in London to lead the global equity team.

Australians holding offshore accounts in tax havens to face probes

According to Fairfax Media, more than 500 Australians who are prominent players in politics, industry, philanthropy, real estate and law, will face scrutiny, and potentially investigations, as part of a global investigation into the use of offshore tax havens.

MAS censures 20 banks, proposes regulatory framework for financial benchmarks

The Monetary Authority of Singapore (MAS) has proposed a regulatory framework for financial benchmarks, aiming to enhance the integrity of the processes for setting these financial benchmarks.

UBS charging clients fees for financial plans

In another sign that the wire houses are shifting from transactional business to more-comprehensive financial planning, UBS is charging fees for the financial plans that its advisers draft for clients.

Chase de Vere drops hiring targets: report

After failing to raise its overall number of advisers last year, British financial advisory firm Chase de Vere had dropped its recruitment targets citing ‘low quality’ manpower.

Paul Tucker to leave Bank Of England

The deputy governor of the Bank of England (BOE), Paul Tucker, has made his intention to leave the BOE public, though the exact date of his departure from the bank will be confirmed in due course of the year.