All articles by Verdict Staff

Verdict Staff

Fullerton Fund receives RQFII license from China securities regulator

The China Securities Regulatory Commission (CSRC) has granted RMB Qualified Foreign Institutional Investors (RQFII) licence to Singapore-based Fullerton Fund Management.

Catella Bank launches new card specially designed for private banking clientele

Catella Bank in collaboration with Visa Europe has rolled out Capitol Visa Infinite Card, which is tailored to match the specific needs of its international private banking clientele.

Fidante Partners names new business development manager

Fidante Partners, the funds management division of Challenger in Australia, has named Gabrielle Munzer a new senior business development manager.

JP Morgan launches new app for investment consultants in Asia

JP Morgan Asset Management (JPMAM) has unveiled a new interactive digital tool in Asia to focus on the investment consultant community and end-investors.

LUCRF grants $220 million mandate to Northern Trust Asset Management

Labour Union Co-operative Retirement Fund (LUCRF) has awarded a $220 million World ex-Australia index mandate to Northern Trust Asset Management.

Blackstone and Philadelphia Financial may bids for Friends Life’s tax planning arm

Blackstone and Philadelphia Financial are reportedly planning to submit joint bids to acquire Friends Life’s tax planning arm, Lombard International Assurance in Luxembourg.

Aditya Birla Nuvo to invest US$60 million in financial services arm in FY15

Aditya Birla Nuvo, a diversified conglomerate, is planning to invest nearly INR3.5 billion (US$60 million) in its financial arm in the current fiscal.

UBS hires new head of Asia Pacific investment banking

UBS has hired Matt Hanning as new head of its Asia Pacific investment-banking, replacing Matthew Grounds.

James Hay Partnership to acquire Capita’s Sipp book

James Hay Partnership, a UK-based self invested personal pensions (SIPPs) provider, has agreed to acquire Capita’s self invested personal pension book for an undisclosed sum.

Commodity funds lead way in 2014: Newedge

Newedge, a global leader in multi-asset brokerage and clearing, has reported that the April performance for its suite of hedge fund indices was up 3.50% in April and has posted best monthly return since July 2012.