All articles by Verdict Staff

Verdict Staff

Goldman Sachs mulls expanding Japan REIT to JPY60 billion-report

Goldman Sachs is reportedly planning to expand its private real estate investment trust (REIT) in Japan to approximately JPY60 billion (US$583 million) by the end of March through its asset management arm.

AXA Wealth unveils new online pension top-up service

Axa Wealth has unveiled a new online pension top-up service for its Retirement Wealth Account and Individual Personal Pension.

US Bank expands HNW wealth management team

US Bank has bolstered its wealth management operations for high-net-worth (HNW) clients from West Cost to Gulf of Mexico.

Raymond James lures US$200 million advisory team from Merrill Lynch

Raymond James has reported poached financial adviser Joanne Astle and her team from Bank of America’s Merrill Lynch unit.

DeAWM buys US$85 million illiquid fund of hedge funds

Deutsche Asset & Wealth Management’s (DeAWM) Aggregator Solutions fund has purchased an US$85 million portfolio of illiquid hedge funds from a Swiss asset management firm.

JP Morgan Asset Management launches wholesale business in Australia

JP Morgan Asset Management has launched a wholesale business in Australia and introduced two new funds to expand its presence in the country.

BlackRock head of multisector bond unit set to depart

Brian Weinstein, head of BlackRock’s multisector institutional business within fixed income, is set to leave the firm at the end of June this year after a spell of 13 years.

Neuberger Berman unveils new US long short equity fund

Neuberger Berman has unveiled a new Long Short Equity Fund for investors seeking long-term capital appreciation, principal preservation and reduced volatility from the US equity market.

Luxembourg blocks new EU tax-evasion legislation

The European Union countries once again failed to agree on new tax-evasion legislation because of resistance from Luxembourg.

SimCorp names new MD for UK, Ireland & Middle East division

SimCorp, a Denmark-based provider of investment management solutions, has named Peter Hill as new managing director of UK, Ireland & Middle East division, replacing Klaus Andersen.