All articles by Verdict Staff
Verdict Staff
INTECH Investment Management expands client-services team
INTECH Investment Management has appointed Richard Yasenchak as new client portfolio manager.
Barclays to launch US Treasury Floating Rate Index
Barclays has announced plans to launch a US Treasury Floating Rate Index, a standalone index that will measure the performance of a new Treasury security type with coupons that reset in between quarterly payment dates.
Focus Capital Partners launches new local emerging markets debt fund
Focus Capital Partners’ asset management division has launched its new local emerging markets debt fund called, Focus Capital Partners Local Emerging Markets Debt Fund.
German prosecutors raid Bavarian tax offices over leak of tax records
German prosecutors have raided tax offices of Bavaria to find out who leaked confidential tax records of the Bayern Munich president, Uli Hoeness to the media.
First State Investments to open office in Dubai
First State Investments has made senior management changes in its distribution team as the firm plans to open an office in Dubai.
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Atlantic Trust predicts economic growth, but no surge, in 2014
Expect a more challenging, mature bull market combined with muted returns in 2014, according to the experts at Atlantic Trust, the US private wealth management division of CIBC.
Italy to introduce new amnesty for tax evaders – report
Italian Prime Minister Enrico Letta is planning to offer a partial amnesty to tax evaders who are hiding assets outside the country.
Hedge funds inflows in 2014 set to be best since 2007: Barclays
The hedge fund industry could see up to US$80 billion in net flows during 2014 – an increase of nearly 25% over 2013, and the largest amount since 2007 – as well as almost US$285 billion of reallocations during the year, according to a survey by Barclays’ Prime Services business.
Fundsmith plans to launch emerging markets investment trust
Fundsmith, the UK-based fund management firm founded by Terry Smith, is planning to launch an emerging markets investment trust this year.
Expanding buyer base drives record year at Christie’s with art sales of £4.5 billion
Christie’s has announces sales of £4.54 billion, up 16% (US$7.13 billion, up 14%), for the year ending December 2013.