All articles by Verdict Staff
Verdict Staff
Goldman Sachs Asset Management unveils new multi-asset income fund
Goldman Sachs Asset Management has unveiled a new multi-asset income fund, called Goldman Sachs Global Income Portfolio Builder.
Canadian regulators enter into agreement with CFTC to enhance cross-border supervision
The Alberta Securities Commission (ASC), the British Columbia Securities Commission (BCSC), the Ontario Securities Commission (OSC), and the Autorité des marchés financiers (AMF) have entered into a Memorandum of Understanding (MOU) with the US Commodity Futures Trading Commission (CFTC) aimed at enhancing the cross-border supervision of firms that operate in both countries.
Natixis plans to boost staff strength in Japan by 50% -report
Natixis, a France-based corporate and investment bank arm of Groupe BPCE, is reportedly planning to boost staff at its Japanese unit by 50% in a bid to increase revenues from overseas.
AXA Investment Managers bolsters liability driven investment team
AXA Investment Managers (AXA IM) has bolstered its Liability Driven Investment (LDI) team by hiring Robert Price as new solutions strategist.
RBS names new chief finance officer
The Royal Bank of Scotland Group (RBS) has named Ewen Stevenson as its new executive director and chief finance officer, effective 19 May 2014.
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BNY Mellon’s Dreyfus launches Dreyfus TOBAM Emerging Markets Fund
The Dreyfus Corporation, a BNY Mellon company, has launched the Dreyfus TOBAM Emerging Markets Fund, an actively-managed emerging markets equity mutual fund.
Global venture capital investment hits highest quarterly value since financial crisis: Preqin
In Q1 2014, there were 1,402 venture capital financings globally with an aggregate value of US$15.6bn, representing the highest quarterly value since the financial crisis in 2008, according to a research by Preqin.
Credit Suisse sets aside additional CHF468 million to cover US tax avoidance case
Credit Suisse has set aside an additional CHF468 million (US$527.8 million) to settle an ongoing US criminal probe into whether the bank helped wealthy US citizens dodge taxes.
SJP ends £7.7 billion fund management deal with Invesco Perpetual
UK wealth manager St James’s Place (SJP) has ended £7.7 billion (US$12.81 billion) fund management mandates with Invesco Perpetual as one if top fund manager, Neil Woodford, quit the firm to join Oakley Capital Management.
Worldwide long-term funds registered net inflows of EUR 888 billion in 2013: EFAMA
The European Fund and Asset Management Association (EFAMA)has released latest international statistical report for the fourth quarter of 2013 that revealed worldwide long-term funds registered net inflows of EUR 888 billion in 2013, thanks to large net inflows across all categories of funds.