All articles by Verdict Staff
Verdict Staff
FCA fines Sesame for pay-to-play arrangements
Sesame, the UKs largest network of financial advisers, has been fined £1,598,000 by the Financial Conduct Authority (FCA) for setting up a pay-to-play scheme.
Affin Hwang AM teams up with Nikko AM to launch new funds
Affin Hwang Asset Management (Affin Hwang AM) is teaming up with Nikko Asset Management (Nikko AM) to boost its fund distribution to Europe and Singapore.
Salaries to rise 0.9% in 2015: UBS survey
Despite low inflation expectations, salaries are set to rise 0.9% in 2015 due to robust economic conditions, according to UBS Compensation Survey.
UK’s Serious Fraud Office issues criminal proceedings against Tullett’s former employee
The UK’s Serious Fraud Office has issued criminal proceedings against Noel Cryan, a former employee at Tullett Prebon Group, in connection with the manipulation of LIBOR.
Pioneer Investments wins $400m equity mandate from Afore Banamex
Pioneer Investments has been granted $400m European equity investment mandate by Mexican pension fund manager Afore Banamex.
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Schroders boosts Global and International Equities
Following a review of the current investment philosophy, process and structure, Schroders Head of Global and International Equities, Alex Tedder, has made a number of improvements.
SS&C Technologies launches new tool for customized reporting
SS&C Technologies Holdings has released Explorer, a powerful data visualization and analysis tool that turns critical investment data into meaningful information.
BNY Mellon names new managing director for business development in Florida
BNY Mellon Wealth Management has hired Luis Castellanos as new managing director for business development in Florida.
Standard Life’s year-to-date AUA reaches £290bn
Standard Life has reported its assets under administration (AUA) reached £290bn in the first nine months of 2014, compared to £214.7bn as of 1 January 2014.
Carne receives approval for new AIFM Manco in the Channel Islands
Carne Group has received authorisation for an independent AIFMD-compliant management company in the Channel Islands.