All articles by Verdict Staff
Verdict Staff
Challenger to expand use of SimCorp Dimension
Challenger Limited, an Australian investment management company, has committed to expand its use of SimCorp Dimension.
ASIC drops charges against Westpoint directors
The Australian Securities and Investment Commission (ASIC) has dropped charges against Westpoint directors, Norman Carey and Graeme Rundle, two weeks into the trial, after the regulator discovered a “surprise document”.
Ameriprise survey shows retirement savings derailed by more than just the recession
Data from the Retirement Derailers survey, released by Ameriprise Financial, found that the vast majority (90%) of Americans ages 50-70 with US$100,000 or more in investable and retirement assets have experienced at least one derailer an economic or life event that has made an impact on their retirement savings goals.
Duet (USA) selects SEI for operational outsourcing services
Duet Alternative Investments (USA) Ltd., a subsidiary of Duet Group, has selected SEI to provide operational outsourcing services for its emerging macro hedge funds.
Australia proposes number of changes to Offshore Banking Unit regime
Australia’s Labor government in 2013-14 budget has proposed a number of changes to the Offshore Banking Unit (OBU) regime taking affect for income years commencing on or after 1 July 2013.
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Avondale Solutions expands in UK
Guernsey’s Avondale Solutions has signed a new partnership with UK based consultant Elizabeth Ackers, with the aim of expanding their business consultancy offerings and directorship services further into the UK market.
Manulife Asset Management hires new emerging markets debt portfolio management team
Manulife Asset Management has added a new Emerging Markets Debt portfolio management team, its third such addition of seasoned portfolio managers in as many months.
SocGen’s Russia unit CEO detained over suspected kickbacks
Societe Generale’s (SocGen) Russian unit CEO, Vladimir Golubkov, has been, reportedly, detained in Moscow on suspicion of receiving bribes.
Commonwealth Bank wealth division grows by 4% in Q3
Commonwealth Bank of Australia (CBA)’s wealth management division grew by 4% in the fiscal third quarter ended 31 March 2013.
Wine owners launch peer to peer fine wine trading
Wine Owners has launched an online trading exchange to allow private buyers and sellers of fine wine to transact with one another.