All articles by Verdict Staff

Verdict Staff

VicSuper grants $100 million mandate to CFSGAM

Super fund VicSuper has granted a $100 million mandate to Colonial First State Global Asset Management (CFSGAM) to manage its newly listed infrastructure portfolio.

S&P GCC Composite Shariah Dividend Index launched by S&P Dow Jones Indices

S&P Dow Jones Indices has launched the S&P GCC Composite Shariah Dividend Index which is designed to measure the performance of the highest yielding, Shariah-compliant stocks from the Gulf Cooperation Council (GCC) region that meet respective liquidity, dividend growth, and dividend sustainability criteria.

Willis launches new global Human Capital & Benefits (HCB) Practice

Willis Group has launched a new global Human Capital & Benefits (HCB) Practice which will be led by Tim Wright, who will add this group role to his duties as CEO of Willis International.

Cofunds restructures senior management team

Cofunds has hired four new directors to its senior management team, including two from its parent company Legal & General.

SEI appoints new managing director of wealth platform in UK

SEI Investments Company (SEI) has appointed Brett Williams as managing director of its wealth platform in UK.

Pine Grove launches its first registered closed-end fund

Pine Grove Asset Management has launched the Pine Grove Alternative Institutional Fund (Alt Instl Fund), its first registered closed-end fund under the Investment Company Act of 1940.

RBC Global Asset Management unveils four new ETFs

RBC Global Asset Management has unveiled four new Exchange Traded Funds (ETFs) to meet investors demand for generating regular monthly income.

Affin Holdings to acquire few Hwang-DBS business for RM1.363 billion

Affin Holdings has agreed to acquire Hwang-DBS (Malaysia)’s investment banking, asset management and futures businesses for MYR1.4 billion (US$420 million).

Hunter Hall names new institutional team head

Hunter Hall has hired Phillip Hart, a former Legg Mason Asset Management Australia executive, as new head of its institutional team.

Former Oppenheimer fund manager agrees to settle fraud charges: SEC

The Securities and Exchange Commission has announced that a former Oppenheimer & Co. portfolio manager has agreed to be barred from the securities industry and pay a US$100,000 penalty for making misrepresentations about the valuation of a fund consisting of other private equity funds.