All articles by Verdict Staff
Verdict Staff
Phatra Securities Analysts Awarded for Excellence by SAA
Phatra Securities was awarded Best Research House and Best Analyst in Financial, Resources, Property & Construction Materials, Agro & Food Industry and Services from SAA 2555 (From left) Phatra analysts Mr.Charti Phrawphraikul, Ms Jiraporn Linmaneechote, and Mr. Komson Suksumrun accept the award from Mr.
Neuberger Berman appoints Fahmi Abdulhamid as Vice President of MENA Distribution
Neuberger Berman, one of the world’s leading employee-controlled money managers, is pleased to announce the appointment of Fahmi Abdulhamid as Vice President of MENA distribution.
Initiation of Research Coverage: Garrison Capital Inc
William Blair & Company initiated research coverage of Garrison Capital Inc. (GARS $15.12), an externally managed business development company that provides customized financing solutions primarily to lower-middle-market companies in the United States, with an Outperform rating and Core Growth company profile.
Barclays appoints two non-executive directors
In an attempt to bolster profitability and regain investor confidence by CEO Antony Jenkins, Barclays has hired two new non-execute directors.
Citi Launches OpenAi to Streamline Operational Management for Alternative Investment Managers
Citi has launched OpenAi, a specialized range of information delivery and reporting technology to support the delivery of leading solutions for Citis alternative investment clients. OpenAi will enable alternatives managers around the world to be more efficient, invest in a more effective manner, and help better manage operational risk.
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Ashcourt Rowan sells personal pensions administration business
Ashcourt Rowan has planned to sell its personal pensions administration business to Mattioli Woods for up to GBP1.325 million (US$2.018).
Global fund managers continue to favour equities in 2Q13: HSBC survey
Fund managers continue to favour equities in the second quarter of 2013 with no one holding underweight views towards this asset class, according to 57% of global fund managers (vs 75% in 1Q13) covered in HSBC’s latest fund managers’ survey.
Red Swan Risk Selected to Manage Risk Reporting for Vermillion Asset Management
Red Swan Risk, a leading developer of standardized market risk data management and business processes, announced that it has been selected to manage risk reporting for Vermillion Asset Management. Under the agreement, Red Swan will utilize its suite of risk data management tools to support Vermillions risk process. In addition, Red Swan will continue to provide in-depth risk analysis and consulting services, working directly with Vermillion portfolio and risk managers to ensure an accurate view of portfolio risk.
More than half of pension savers do not review plans: Duncan Lawrie research
According to a survey conducted by Duncan Lawrie Private Bank, of 2,059 UK adults, 38% of respondents who have at least one private pension pot have never reviewed their plan, while 14% have not done the same in the last three years.
A triple dip recession may be avoided by a whisker: Arbuthnot Banking Group
According to Ruth Lea, economic adviser at the Arbuthnot Banking Group, a triple dip recession may be avoided by a whisker looking forward at the preliminary estimate for GDP for 2013Q1, numbers for which will be released on 25 April.