All articles by Verdict Staff
Verdict Staff
Pictet combines US growth and value funds
Swiss private bank Pictet has combined two of its US equity funds into a single product after sensing clients’ demand for a broad-based investment product.
UBS shakes up its wealth management executive ranks in Americas
UBS Wealth Management Americas has hired Morgan Stanley’s Paul Hatch as group managing director and head of advice and solutions and has also restructured several positions.
ConceptONE to open first European office in London
ConceptONE, a global provider of risk and regulatory reporting solutions for the asset management industry, is planning to open its first European office in London.
Legal & General launches new index tracking fund for retail market
Legal & General Investments has launched a new index tracking fund, Legal & General Short Dated Sterling Corporate Bond Index Fund, to cater to shorter maturity fixed income products demand.
Credit Suisse agrees to pay $2.5 billion fine to US authorities
Credit Suisse has agreed to pay almost US$2.5 billion to the US authorities and is expected to plead guilty to settle a probe into its alleged complicity in helping Americans to evade US taxes.
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Birla Sun Life acquires asset management business of ING India
Aditya Birla Financial Services through its subsidiary Birla Sun Life Mutual Fund has acquired the asset management business of ING’s Indian unit ING Investment Management (India).
Asia Frontier Capital names new analyst for Southeast Asia, Mongolia
Asia Frontier Capital (AFC), a Hong Kong-based fund management company, has named Scott Osheroff as a new research analyst for Southeast Asia and Mongolia.
UBP may roll out Luxembourg-domiciled Ucits hedge fund
Union Bancaire Privée (UBP) is reportedly considering releasing an Ucits version of one of its existing hedge fund to bolster its presence in the UK retail market.
Atlantic Fund Services forays into Austrian market
US-based Atlantic Fund Services (AFS) has expanded its presence in Europe by launching its service in Austria.
Northern Lights invests in UK-based Buick Capital
American private equity firm Northern Lights Capital has made a strategic investment in British advisory services provider Buick Capital Partners to expand its business across the UK and Europe.