SINGAPORE, Northern Trust (Nasdaq: NTRS) today announced that it has been appointed by Valverde Investment Partners Pte Ltd. (Valverde) to provide custody, fund administration, foreign exchange and cash management services for its newly formed Variable Capital Company (VCC) fund, along with its sub-fund, ASEAN+ Fund (VAPF). Valverde is a newly established, Singapore-based, independent investment management firm specializing in ASEAN equities. The VCC launch and its sub-fund, Valverde ASEAN+ Fund (VAPF), represent Valverde's goal of achieving long-term absolute returns, primarily composed of public traded equities within ASEAN companies. Source: BERNAMA News Agency
Myanmar Confirms Nearly 309,000 Rohingya Eligible For Return Once Rakhine Security Improves
Naypyidaw: Myanmar has, for the first time, acknowledged that nearly 309,000 Rohingya refugees in Bangladesh as former residents of Rakhine state, saying they would be allowed to return once security