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 Suspends Flights at Mandalay Airport Following Drone Strike
Mandalay: Myanmars second-busiest airport was closed for two days on Friday, security sources said, after the military-backed government accused pro-democracy rebels of attacking it with drones.
According to TRTworld.com, Mandalay