All articles by Verdict Staff
Verdict Staff
APFA urges FCA to cut regulation costs
The Association of Professional Financial Advisers has published a report on the impact of the RDR ahead of the FCA’s post-implementation review.
MyState names new CEO
MyState, a Tasmania-based financial services firm, has named Melos Sulicich as its new managing director and chief executive, replacing John Gilbert.
BNY Mellon appointed as global custodian by The State Pension Fund of Finland
BNY Mellon has been appointed by Valtion Elakerahasto (VER), The State Pension Fund of Finland, to provide global custody for all of VER’s direct equity and fixed-income instruments, which are valued in the region of EUR 7.5 billion.
Intesa Sanpaolo to set up new subsidiary bank in Brazil
Italy-based Intesa Sanpaolo is planning to open a new subsidiary bank in Saõ Paulo, Brazil next months to boost its international network.
San Diego Private Bank opens new branch in Downtown San Diego
San Diego Private Bank has announced the relocation of the downtown San Diego Office.
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Prudential Financial commits to build $1 billion impact investment portfolio by 2020
Prudential Financial has announced its commitment to build a $1 billion impact investment portfolio by 2020 in its continuing effort to direct investments to companies, projects and funds that create positive social change and help individuals and communities achieve economic success.
BlackRock Advisers UK receives RQFII license in China
BlackRock Advisers UK has received second renminbi qualified foreign institutional investor (RQFII) licensee from China Securities Regulatory Commission (CSRC).
Growth will tick up but remain below trend; valuations stretching, risk assets grind higher: BlackRock
Valuations are becoming stretched across markets, setting up the markets for more volatility — especially as US quantitative easing ends and focus shifts to prospective US interest rate rises, according to the BlackRock Investment Institutes (BII) Mid-Year 2014 Investment Outlook.
JDJ Family Office Services spins off from Rothstein Kass
The founders of JDJ Resources have left Rothstein Kass Family Office Group to float their JDJ Family Office Services.
Threadneedle appoints new portfolio manager to boost multi-asset team
British asset manager Threadneedle Investments has named Craig Nowrie as client portfolio manager in its multi-asset allocation team, effective 30 June 2014.