All articles by Verdict Staff
Verdict Staff
PIMCO launches PIMCO unconstrained bond fund (Canada)
PIMCO, a global investment management firm, has launched the PIMCO Unconstrained Bond Fund (Canada), designed to capture a broad set of opportunities in global fixed income and currency markets in an absolute return framework.
Deutsche Bank plans to open new branches in China-report
Deutsche Bank is reportedly planning to open new branches in China at a pace of about one per year to boost trade and investment between China and Europe.
Hong Kong’s SFC bans former directors of Salisbury Securities for life
The Securities and Futures Commission (SFC) has banned Roger Albert John and Hamish Gordon Cruden, both former directors and responsible officers of Salisbury Securities (Salisbury), from re-entering the industry for life.
Wells Fargos wealth arm sees 22% surge in Q3 income
The Wealth, Brokerage and Retirement (WBR) division of Wells Fargo has reported a net income of $550m for the third quarter of 2014, an increase of 22% compared to $450m reported a year ago.
IMA proposes quality standards for pension investment governance
The Investment Management Association (IMA) has proposed a set of quality standards for investment governance processes that can be applied to default investment strategies of defined contribution pensions schemes.
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Schroders’ former CIO to retire next month
Schroders’ former chief investment officer Alan Brown, who currently works as a senior adviser to the UK-listed fund manager, is set to retire from the firm at the end of this month.
Investors fretting over monetary policy as end of US QE looms, says BofA Merrill Lynch
Concerns over the imminent end of quantitative easing in the U.S. have left investors much less confident in the outlook for the global economy and corporate profitability, according to the BofA Merrill Lynch Fund Manager Survey for October.
EFAMA names head of new Public Policy Department
The European Fund and Asset Management Association (EFAMA) has appointed Gabriela Diezhandino as director of its newly created Public Policy Department.
Phaidon International expands presence in Asia
UK-based recruitment firm Phaidon International has expanded its presence in Asia by opening a new office in Hong Kong.
WisdomTree to foray into UK market
US-based ETF giant WisdomTree is set to launch its first ETFs in the UK by the end of the year, according to Investment Week.