All articles by Verdict Staff
Verdict Staff
Barings appoints new head of sales for Germany and Austria
Baring Asset Management has appointed Lars Albert as head of sales for Germany and Austria.
Coutts portfolios continue to hold “robust” high-yield debt
Despite reported warnings around a “collapse of the high-yield debt market”, Coutts continues to hold high-yield debt in portfolios and doesn’t anticipate a sell-off in these markets in general, the Swiss private bank has confirmed in its latest Wealth Watch.
European stocks face continued downward pressure: S&P Capital
Investors should consider an underweight stance towards European equities as downward pressures on the asset class are likely to increase, according to S&P Capital IQ Equity.
Taiwans SFB hands out punishment to First SITC
Taiwans Securities and Futures Bureau (SFB) has handed down a series of punishments to First Securities Investment Trust Corp (SITC) after firms fund managers were charged for stock manipulation, reports Asia Asset.
TD Asset Management Inc. Announces Intention to Cap Sales of the TD Private Bond Capital Yield Fund
The March 21, 2013 federal budget included measures that would eliminate certain tax benefits in investment funds that use forward contracts to convert income to capital gains for tax purposes. The budget describes this structure as “character conversion transactions.”
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Leaks reveal identities of wealthy individuals with hidden cash offshore
Britain’s offshore financial industry has, reportedly, leaked the identities of millions of individuals from around the world who have hidden away wealth mainly in the British Virgin Islands – commonly referred to as an offshore tax haven.
Risk Management And Asset Allocation Expert Joins Cambridge Associates Outsourcing Unit
Robert B. Rodgers, 46, has joined investment advisor Cambridge Associates to support the firms outsourcing business, which offers discretionary portfolio management to institutional investors across the globe.
Coutts CEO appointed to Walpole board of directors
Walpole, the non -profit organisation representing the British luxury industry, has appointed Michael Morley, CEO of Coutts & Co, to its board of directors.
AUPFS appoints new head of investment research
Australian Unity Personal Financial Services (AUPFS) has appointed Jeff Mitchell as head of investment research.
Economic Outlook Brightens for American Workers
More American workers feel secure about the country’s overall economic outlook, according to new research from the Principal Financial Well-Being IndexSM: American Workers.