All articles by Verdict Staff

Verdict Staff

Financial Conduct Authority appoints new chairmen

Financial Conduct Authority (FCA) has appointed three new chairmen to the independent panels, which leads the process for constructive challenge of its policies and practices from the point of view of regulated firms.

F&C duo swaps Aberdeen fund

F&C Investments’ multi-managers Gary Potter and Rob Burdett have sold out of the Aberdeen Emerging Markets fund in two of their mandates, and replaced it with a JPMorgan Asset Management offering, reports FT advisor.

MST Capital implements SunGard’s investment management application

MST Capital, an Asian focused Global Macro hedge fund based in Australia, has chosen SunGard’s Hedge360, a hosted front-to-back office hedge fund investment management application suite.

The deVere Group introduces Fusion Fund range

JP Morgan has released the detail of its Fusion Fund range, lead by Tony Lanning, which will be introduced by deVere Group.

Standard Bank South Africa’s affordable housing loan book reaches R14bn in 2012

Standard Bank South Africa’s home loan book for the affordable housing market grew by 30% to R14-billion in 2012 as South Africa’s largest residential mortgate lender continued to attract first-time homebuyers in this segment.

Standard Chartered to offer investor services to Luxembourg funds

Standard Chartered (StanChart) is all set to offer a full suite of investor services to Luxembourg funds, due to the increasing client demand for the bank’s support of Luxembourg domiciled UCITS structures.

Guernsey will no more be a tax haven under deal

Britons with offshore accounts in Guernsey will find themselves much worse off under a deal to boost transparency between the Treasury and the crown dependency.

BTG Pactual issues bonds in Chinese currency

BTG Pactual hereby announces that in the early hours of Tuesday morning, it concluded an offer of bonds in Chinese currency in the amount of CNY1bn (offshore renminbi). The bonds mature in 3 years, pay a coupon of 4.1% and a yield of 4.2%.

BNY Mellon develops Form PF reporting solution

BNY Mellon has developed a reporting solution, called Form PF reporting solution that enables its affected alternative investment clients to prepare and file Form PF, as required by recent rules introduced by the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC).

BMO Investments Inc. makes portfolio management change

BMO Investments Inc., a part of BMO Financial Group, has revealed a change of portfolio management for BMO World Bond Fund.