All articles by Verdict Staff
Verdict Staff
ICICI Prudential AMC rolls out dividend yield equity fund
ICICI Prudential Asset Management Company has debuted Dividend Yield Equity Fund, an open ended equity fund that seeks to offer medium to long term capital gains and/or dividend distribution.
SEC proposes rules for security-based swap dealers, major security-based swap participants
The Securities and Exchange Commission voted to propose new rules for security-based swap dealers and major security-based swap market participants.
AAM launches NASDAQ Q-50 Index portfolio unit investment trust
Advisors Asset Management (AAM) has launched the NASDAQ Q-50 Index Portfolio, Series 2014-1Q, a new unit investment trust (UIT) seeking to provide investors with capital appreciation potential.
Krung Thai Asset Management names new CEO
Bangkok-based Krung Thai Asset Management (KTAM) has named Chavinda Hanratanakool as its new CEO, replacing Somchai Boonnamsiri, according to Asian investor.
L&T Mutual Fund launches new emerging businesses fund
India-based L&T Mutual Fund has unveiled its L&T Emerging Business Fund to offer long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities including equity derivatives in the Indian markets.
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SEI Investments Canada Company announces termination of the US MidCap Synthetic Fund
SEI Investments Canada Company, a wholly owned subsidiary of SEI Investments Company and manager of the SEI Canada mutual funds, has announced its intention to terminate the US MidCap Synthetic Fund on or about June 20, 2014.
International Islamic Financial Market holds industry consultation on Sukuk Standardization
Bahrain based international standard-setting body, the International Islamic Financial Market (IIFM) organized an industry consultative meeting on “Sukuk Standardization (Structures, Documentation & Guidelines)”.
BNP Paribas eyes expansion of asset management business in India-report
French banking giant BNP Paribas planning to nearly double the assets managed by its asset management arm in India.
Allfunds Bank acquires actuary firm BWCI
Allfunds Bank, a Spain-based mutual fund platform, has acquired actuary and consultancy administration firm, BWCI, to offer its platform to wealth managers.
AlKhair Capital launches new office at DIFC
AlKhair Capital Saudi has launched its new office at the Dubai International Financial Centre (DIFC) after getting permission from the Dubai Financial Services Authority (DFSA).