All articles by Verdict Staff

Verdict Staff

FCA says Brexit would significantly impact UK’s financial regulation

The UK’s Financial Conduct Authority (FCA) has said that Britain’s decision to leave the European Union would have significant implications for the country’s financial regulation.

TCR International taps Profile Software’s investment management platform

Cyprus-based wealth and fund manager TCR International has chosen Profile Software’s IMSplus investment management platform to manage its wealth management operations.

Man GLG hires new head of emerging market debt strategies

Man GLG, the discretionary investment management unit of Man Group, has appointed Guillermo Osses as the new head of emerging market debt strategies.

Foreside Financial Group to buy Beacon Hill Fund Services

US-based investment manager Foreside Financial Group has agreed to acquire Beacon Hill Fund Services for an undisclosed sum.

JOHCM strengthens presence in US with three new appointments

JO Hambro Capital Management (JOHCM), an investment management firm, has strengthened its US presence with the appointment of three senior professionals Phil Dever, Michelle Donley Holmes and Jonathan Weitz.

Middle office can be vital operational component for asset managers: SEI

An asset management firm’s middle-office operations have become a significant operational component that is often untapped, despite an inconsistent definition, according to a report by SEI.

Vistra Group buys India-based Ujwal Management Services

Vistra Group, a Hong Kong-based provider of corporate, trust and fund administration services, has acquired India-based Ujwal Management Services for an undisclosed amount.

Baring Asset Management rolls out new absolute return fund

Baring Asset Management (Barings) has expanded its absolute return fund range with the launch of the new Baring Dynamic Absolute Return Fund.

BSI appeals against sanctions imposed by FINMA over 1MDB

Swiss private bank BSI has launched an appeal against sanctions imposed by Switzerland’s financial watchdog FINMA over its role in the 1Malaysia Development Bhd (1MDB) scandal.

Britain bids adieu to European Union

Britain has voted to exit the European Union in a referendum, sending global financial markets in a state of turmoil.