All articles by Verdict Staff

Verdict Staff

Guernsey signs double taxation arrangement with Luxembourg

Guernsey has signed a double taxation arrangement (DTA) with Luxembourg, taking the number of jurisdictions with which it has similar agreements up to eight.

CBI comments on importance of US talks on trade deals

With the Prime Minister in the US for crucial trade talks, the CBI has underlined the importance of securing an EU-US trade deal.

Rathbone Brothers’ FuM hits £20 billion mark

British investment manager Rathbone Brothers reported total funds under management (FuM) of £19.6 billion for the first quarter ended 31 March 2013, up 8.9% from £18 billion at 31 December 2012.

Bellpenny to acquire Price Bailey’s client bank and FuM

Bellpenny is acquiring Price Bailey’s client bank and funds under management.

Central Bank of Egypt receives US$3 billion Qatari deposit for bonds

The Central Bank of Egypt (CBE) has received a US$3 billion Qatari deposit for the purchase of Egyptian bonds.

Schechter Wealth Strategies appoints new COO and MD of New York office

Schechter Wealth Strategies, an advisory firm specialising in wealth management services, announced the appointments of Stephen Blocki as chief operating officer and Robert Langer as managing director of the firm’s newly opened New York office.

US court dismisses Barclays investors’ lawsuit over Libor

Barclays has won the dismissal of a US lawsuit by shareholders of its American depositary receipts, who claimed they lost money because of the British bank’s activity.

Matthäus Den Otter hands over reins as SFA CEO to Markus Fuchs

As of 1 July 2013, Markus Fuchs will take over as the CEO of the Swiss Funds Association (SFA), which will be rebranded as the Swiss Funds & Asset Management Association (SFAMA) on the same date.

SS&C globeop hedge fund performance index and capital movement index

The gross return of the SS&C GlobeOp Hedge Fund Performance Index for March 2013 measured 1.53%.

Skandia bolsters staff strength to speed up re-registration process

Skandia, the UK investment platform of Old Mutual Wealth, has hired 40 extra members of staff in an effort to speed up its re-registration processes.