All articles by Verdict Staff
Verdict Staff
Corruption widespread in majority of financial institutions across EMEIA: Ernst & Young study
More than half of all financial institutions in Europe, the Middle East, India and Africa (EMEIA) are experiencing widespread corruption or bribery in their business, according a recent fraud survey published by Ernst & Young.
Swiss Asset Advisors launches new diamond investment fund
Swiss Asset Advisors (SAA), an independent asset management firm in US, has launched a new diamond investment fund, which buys the stones straight from the manufacturers.
Equities the largest asset class for HNWIs in Poland
Equities the largest asset class for HNWIs in Poland
Cause for concern in RDR implementation, says senior FCA official
Head of supervision at the UK Financial Conduct Authority (FCA), Clive Adamson, has said that the regulator sees shortcomings in the way some market participants have responded to the Retail Distribution Review (RDR).
Barclays appoints head of wealth and investment management in Abu Dhabi
Barclays has appointed Haidar Hammoud as head of wealth and investment management for Abu Dhabi.
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Deutsche Asset & Wealth Management launches first hedged equity German ETF to the US market
Deutsche Asset & Wealth Management (DeAWM) has launched MSCI Germany Hedged Equity Fund to its db X-trackers platform, the first exchange traded fund (ETF) enabling direct exposure for investors to the German equity markets while mitigating exposure to fluctuations between the US dollar and the euro value, effective May 31, 2013, onwards.
Appway launches in Geneva and Hong Kong
Client onboarding specialist, Appway, has launched two new regional offices, with the Appway Geneva office officially opening for business in February 2013 followed by Appway Hong Kong just two months later.
Monarch Capital to open new office in London
Monarch Capital Group, a US-based asset management and investment banking firm, is set to open a new office in London, according to the Financial Times.
British PM writes to tax havens calling for transparency
British Prime Minister David Cameron has written to the leaders of Britain’s offshore tax havens emphasising on the need to “get our own houses in order” before the G8 Summit in June, as he pushes for international action to increase transparency and tackle avoidance schemes.
CIBC Global Asset Management hires CIO
CIBC Global Asset Management announced senior appointments of Suzann Pennington, as managing director, chief investment officer (CIO), and Stephen Carlin as vice-president, senior portfolio manager, Canadian equities