All articles by Verdict Staff

Verdict Staff

BVI and Cayman Islands enter FATCA Model 1 agreement with the US

The British Virgin Islands and Cayman have entered into a Foreign Account Tax Compliance Act (FATCA) agreement with the US.

Santander in talks with potential buyers on asset management stake sale

Spanish bank Santander is negotiating sale terms of a stake in its Asset Management unit, with potential buyers, reports Reuters.

Signs of improved financial market integration in second half of 2012

An improvement in financial market integration was observed in the second half of 2012, after a further deterioration in the first half of the year caused by adverse market sentiment, worsened fiscal conditions and bank fragility in some euro area countries.

Final platform rules may cost industry up to GBP82 million: FCA

The Financial Conduct Authority’s (FCA) final platform rules may cost industry a total of up to GBP82 million.

Morgan Stanley hires from rival firms

Morgan Stanley Wealth Management has hired advisers from Deutsche Bank and Bank of America (BofA) Merrill Lynch in order to expand its operation in California and Florida, reports Reuters.

Investment experts at Sal. Oppenheim see equities and emerging market bonds on the rise

The current political risks should not deter investors with a tactical focus from participat-ing in selected equity and bond markets. Generous monetary policy from the central banks is resulting in stable market development. “Of all economic actors, the central banks are the most able to act at the moment,” explains Dr Martin Moryson, Chief Economist at the Cologne-based private bank Sal. Oppenheim. “The markets are being calmed by monetary policy and this is removing the acute pressure for politicians to act. Many risks remain, but there is also potential for good short-term performance.”

Henderson Launches Two Further Funds In Core Multi-Asset Solutions Fund Range

Henderson Global Investors is set to add to its Core Multi-Asset Solutions risk-targeted multi-asset fund range with the launch on 10 May of two funds – the Core 4 Income Fund and the Core 6 Income & Growth Fund.

Sturgeon Ventures launches new absolute return fund in Malta

Regulatory incubator, Sturgeon Ventures LLP, has launched an absolute return, open-ended long/short fund with a long bias, Clerkenwell Matterhorn Fund, in Malta.

SPDR ETFs launches World first ETF on emerging market inflation-linked bonds

SPDR ETFs, the exchange traded funds (ETF) platform of State Street Global Advisors (SSgA), announced today that it has launched the SPDR Barclays EM Inflation-Linked Local Bond UCITS ETF on the Deutsche Börse – the world’s first ETF giving pure exposure to EM inflation-linked debt.

Henderson plans to expand core multi-asset solutions fund range

Henderson Global Investors is planning to add two risk-targeted funds to Bill McQuaker’s multi-asset range next month, reported Fundweb.