All articles by Verdict Staff
Verdict Staff
UBP registers 6% rise in H1 net earnings
Swiss private bank Union Bancaire Privée (UBP) has reported net earnings of CHF82 million for the first half ended 30 June 2014, a rise of 6.2% from CHF77.2 million a year ago.
Capital Group to open new office in Spain
Capital Group Cos, a manager of US mutual funds, is planning to open new sales office in Spain.
TD Asset Management plans to terminate operations of two mutual funds
TD Asset Management, the manager of TD Mutual Funds, plans to terminate the operations of the two mutual funds.
Legg Mason to buy Martin Currie
Legg Mason, a US-based asset manager, has agreed to acquire Martin Currie, a UK-based active international equity specialist.
Amundi Sgr names new co-head of ETF business unit in Italy
Amundi Sgr has named Vincenzo Sagone as new co-head of ETF business unit in Italy.
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Positive risk-adjusted returns are more important than overall returns: SEI
More nonprofits are prioritizing the implementation of effective risk management strategies to preserve the longevity of their organizations and missions, according to a SEI survey on investment challenges and practices completed by 150 US nonprofit foundations and endowments.
Schroders expanded commodities team
Schroders has expanded its commodities team by appointing James Luke and Dravasp Jhabvala as new commodity analysts.
Morningstar expands global coverage on market data feeds
Morningstar has added more than 20 markets to its consolidated market data feeds offering.
FCA grants AIFM license to Phoenix Fund Services
Financial Conduct Authority (FCA) has granted Alternative Investment Fund Manager (AIFM) license to Phoenix Fund Services (UK).
SEC charges Florida-based transfer agent and owner with defrauding
The Securities and Exchange Commission (SEC) has has charged a Florida-based transfer agent and its owner with defrauding investors by using aggressive boiler room tactics to peddle worthless securities with promises of high returns or discounted prices.