All articles by Verdict Staff
Verdict Staff
OECD proposes major changes to international tax landscape
The Organization for Economic Cooperation and Development (OECD) has released its first set of recommendations for a coordinated international approach to combat tax avoidance by multinational enterprises, under the OECD/G20 Base Erosion and Profit Shifting Project.
China injects $81bn into banking sector to support economy
China’s central bank is injecting CNY500bn or $81bn into the nation’s top five lenders for a three-month period to bolster the country’s flagging economy.
CDM Retirement Consultants selects ERSs fiduciary services solution
CDM Retirement Consultants (CDM) has selected Envestnet | Retirement Solutions (ERS) fiduciary services offering.
Sotheby’s expands presence in Asia
Auction house Sotheby’s has expanded its retail operations in Asia by opening a new wine store in Hong Kong, One Pacific Place.
First State Investments expands its fixed income fund range
UK-based First State Investments has rolled out a new absolute return bond fund that invests in global bond and currency markets.
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Brooks Macdonald annual pre-tax edges up, assets hit £6.5 billion
British wealth manager Brooks Macdonald has reported a pre-tax profit of £10.6 million for the year ended 30 June 2014, an increase of 2% compared with £10.4 million a year ago.
Putnam Investments appoints head of global institutional business
Putnam Investments has appointed Jeffrey L Gould as head of Putnam Global Institutional Management, responsible for overseeing the firm’s institutional asset management business, which serves investors and clients in North America, Europe, Asia and Australia.
Global billionaire population reaches a record 2,325: Study
The Wealth-X and UBS Billionaire Census 2014 shows that 155 new billionaires were minted this year, pushing the global population to a record 2,325 – a 7% rise from 2013.
Investors anticipates monetary policy separation of Fed and ECB: BofA Merrill Lynch survey
Sentiment towards Europe has picked up in the wake of recent monetary policy easing by the ECB, while investors are increasingly sure of a rate hike by the Fed in spring 2015, according to the BofA Merrill Lynch fund manager survey for September.
Financial planning firm NextGen Wealth launched in Kansas City
Financial planning veteran Clint Haynes has launched a new wealth management firm called NextGen Wealth in Kansas City, Missouri.