All articles by Verdict Staff

Verdict Staff

Family Offices require integrated technology partners to effectively manage client data

Envestnet has released a white paper discussing the obstacles that single and multi-family offices face when attempting to collect and report comprehensive financial information for their clients.

BNP Paribas applies for RQFII licence in Hong Kong

BNP Paribas Investment Partners (BNPP IP) has filed for a renminbi qualified foreign institutional investor (RQFII) licence in Hong Kong to launch a new hybrid bond fund.

Progress made but Chile should better detect and thoroughly investigate foreign bribery, says OECD

Chile has made positive efforts to implement the Convention, but there has not been a single foreign bribery conviction. Chile did not sufficiently investigate several of the six foreign bribery allegations that have surfaced since 2001.

Stanchart joins Islamic banking race

The list of banks hoping to cash in on the emerging market for Islamic banking in Kenya further grew yesterday, as Standard Chartered launched its own Islamic banking services in Kenya, William Wesnofske reports.

BofA Merrill Lynch fund manager survey finds investors moving toward a “Risk-off” position amid geopolitical unrest

Global investors are moving toward a ”risk-off” stance, taking on greater protection as the prospect of geopolitical instability grows, according to the BofA Merrill Lynch Fund Manager Survey for March.

Luxembourg’s BCEE Live on Charles River IMS for multi-asset portfolio management

Charles River said that BCEE Asset Management, a subsidiary of state-owned Banque et Caisse d’Epargne de l’Etat is live on the Charles River Investment Management Solution (Charles River IMS) for automated portfolio management and compliance across its Equity, Fixed Income, and Foreign Exchange operations.

UBS Fund Services offers new service to support managers with distribution in Switzerland

UBS Fund Services Switzerland is already providing representative services to approx. 300 UCITS and is now widening its offering to AIF fund providers to support them in complying with the new regulations.

Manulife Asset Management appoints MD for US equity team

Manulife Asset Management has appointed Michael Evans as managing director and portfolio specialist for US equity teams.

New hedge fund launches fall as top HFRI performers surge

New hedge fund launches declined to their lowest level in three years in 2013 even as total hedge fund industry capital ended the year at a record $2.62 trillion.

Hedge Funds back in Black in February

Using data taken from Preqin’s Hedge Fund Analyst, hedge funds added gains of 1.72% in February which takes the industry benchmark to 1.42% for the year to date.