All articles by Verdict Staff
Verdict Staff
Maybank Asset Management appoints new CEO
Maybank Asset Management (Maybank AM) has named Badrul Hisham Abu Bakr as its new chief executive officer.
Fosun Group, Prudential Financial expand strategic partnership in China
China’s leading investment company Fosun Group and financial services leader Prudential Financial which does business as Pramerica in selected countries outside the US, announced today an expansion of their strategic relationship, building on their existing joint venture partnerships in life insurance and investment management, and focusing on key areas of growth in China.
Zurich plans to launch new fund management business in UK
Zurich UK is planning to launch a new fund management business called, Zurich Horizon Investment Solutions, for its clients in UK.
BNY Mellon restructures its American fund
BNY Mellon Fund Managers is to rename and change investment remit of its BNY Mellon American fund, effective 13 February.
Mirabaud Asset Management expands global equity team
Mirabaud Asset Management has appointed Kirill Pyshkin to its global equity team, with effect from 3 February.
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Winton Capital Management to open new office in US
Winton Capital Management, the European hedge fund firm, is planning to open a new office in US this summer.
Schroders transfers large chunk of pension assets into bonds
Asset manager Schroders has reportedly moved a large portion of its £807 million pension fund assets out of equities into bonds following a period of strong stock market performance.
Abacus launches new financial services group
Abacus Group, an Isle of Man-based fiduciary and fund services provider, has launched a new Abacus Financial Services Group.
Global View from Asia: Emerging pressures
Markets became agitated as weak emerging economies saw their currencies slide, liquidity concerns in China became more pronounced and economic data from the US disappointed. The reality is that the US economy is consolidating after strong gains in the third quarter; vulnerable emerging economies running current account deficits are struggling to attract capital to keep their currencies stable; and China is struggling to maintain order as it tackles problems in its financial sector.
Chesapeake Investment appoints new senior investment officer
US-based Chesapeake Investment Group has appointed Glenn Verity as its new vice president and senior investment officer.