The rule amendments, under the Investment Advisers Act of 1940, would require advisers to satisfy specific due diligence elements before retaining a service provider that will perform certain advisory services or functions
Digital brokerage service Avenue Securities has selected trading technology solutions provider Sterling Trading Tech to support Brazilian investors trading in US markets
Brazilian independent fund administrator REAG Investimentos has selected open banking platform Temenos Multifonds to cover the complete fund administration lifecycle of its investment funds
Cybersecurity software and solutions provider Drawbridge has appointed William Haney as CEO and a member of its board of directors. Company founder Jason Elmer will become president
The UK Competition and Markets Authority has given the green light to London Stock Exchange Group’s proposed purchase of Quantile, which was first announced in December 2021 for an estimated £270 million
Citi will launch money market fund distribution services to institutional clients in China to help multinational and local corporations in the country to better manage cash amid volatile global markets
55 per cent of UK professional investors expect more cautious fixed income exposure from institutional clients, according to a recently published survey by Aeon Investments
RBC I&TS was the only organisation to show an improvement in its overall score, with one survey participant reasoning: “RBC strives for perfection and consistently achieves it”
The MoU foregrounds potential resource and information exchange between the two companies, preparing for future joint business initiatives in areas such as equities and digital assets