All articles by Verdict Staff
Verdict Staff
MCB Bank to set up new Islamic banking subsidiary
Pakistan- based MCB Bank is planning to set up its own wholly-owned Islamic banking subsidiary after it gave up its plan to buy Burj Bank.
Barclay CTA index down 0.78% in March
Managed futures lost 0.78% in March according to the Barclay CTA Index compiled by BarclayHedge.
Morningstar, UBS Delta partner to offer Solvency II SCR calculations to asset managers
Morningstar UK, an independent investment research firm, has partnered with UBS Delta to provide fund-level Solvency II market risk Solvency Capital Requirement (SCR) calculations to asset managers.
InHub launches web-based technology, eRFP Technology
InHub, an innovation firm in the institutional investment space, has launched eRFP, the first web-based technology that guides institutional investors through the cumbersome advisor selection process.
PGGM Vermogensbeheer selects Citi as depositary bank for alternative investment funds
PGGM Vermogensbeheer, a wholly-owned subsidiary of Dutch pension administrator PGGM N.V, has selected Citi as the depository bank for its range of alternative investment funds.
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BNY Mellon appoints new national sales manager for Dreyfus
BNY Mellon Investment Management has appointed Ryland Pruett as national sales manager for its Dreyfus Corporation and mutual fund complex.
Espirito Santo Bank appoints chief compliance officer
Espirito Santo Bank has appointed Martin Prego as its new senior vice president and chief compliance officer.
Equities to drive euro dynamic asset allocation opportunities in 2014: Barings
Equities will continue to drive Euro-denominated dynamic asset allocation opportunities in 2014, believes Baring Asset Management (Barings), the international investment firm.
Mariner Wealth Advisors buys stake in Housen Financial Group
US-based Mariner Wealth Advisors has expanded its wealth advisory team by purchasing a majority interest in New Jersey-based Housen Financial Group.
Former Soros team to start new to launch new hedge fund firm in Hong Kong
Kenneth Lee and Michael Yoshino, former Soros Fund Management LLC Asia specialists, are planning to set up their own hedge fund firm in Hong Kong in the third quarter of 2014 with backing from HS Group.