All articles by Verdict Staff
Verdict Staff
Institutional investor smart beta adoption latest step in evolution of investment management
Asset owners may debate what to call alternatively weighted or factor-based indexes, but adoption among the largest institutional investors is clearly strong, growing and broad-based according to Russell Investments.
Income tax paid by non-doms hits record high of £6.8billion: Pinsent
The amount of income tax paid by non-doms in the last year has hit a record high of £6.8billion, up 8% from £6.3billion paid in the previous tax year says Pinsent Masons, the international law firm.
HedgeGuard opens office in Dublin
HedgeGuard, a France-based hedge fund, family office and asset management technology provider, has opened a new office in Dublin.
UK’s FCA fines Invesco Perpetual for failings in fund management
The UK’s Financial Conduct Authority (FCA) has fined Invesco Asset Management and Invesco Fund Managers (Invesco Perpetual) £18,643,000 for exposing investors to greater levels of risk than they had been led to expect.
ASIC cancels Banksia’s AFS licence
ASIC has cancelled Banksia Mortgages’ Australian financial services (AFS) licence.
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Raymond James Succession Planning & Acquisitions group partners with two service providers
The Succession Planning & Acquisitions group (SPA) of Raymond James Financial has entered into agreements with Live Oak Bank and Key Management Group to provide preferred financing and valuation services, respectively, to RJFS advisor practices and to prospective advisors as part of the full spectrum of services offered through Raymond James and SPA.
AllianceBernstein establishes middle market private credit investing platform
AllianceBernstein has established a new private credit investing platform that will focus on direct lending to middle market companies.
Winton Capital hires head for new Sydney office
Winton Capital, a UK-based fund manager, has appointed Andrew Grimes to lead the firm’s newly opened office in Sydney, according to Finacial Standard.
Bank of America announces adjustment to estimated regulatory capital ratios
Bank of America Corporation has announced a downward revision to the company’s previously disclosed regulatory capital amounts and ratios due to an incorrect adjustment related to the treatment of certain structured notes assumed in the Merrill Lynch & Co., Inc. acquisition in 2009.
Jupiter Asset Management opens new office in Hong Kong
British fund manager Jupiter Asset Management has opened a new office in Hong Kong, the firms first fully-fledged office outside of Europe.