All articles by Verdict Staff

Verdict Staff

Investors optimistic about 2014 growth: BofA Merrill Lynch Fund

Investors start 2014 more optimistic about global growth prospects, especially for the U.S. but increasingly for Europe as well, according to the BofA Merrill Lynch Fund Manager survey for January.

Oakley Capital Management appoints new COO of retail asset management unit

Oakley Capital Management has appointed Nick Hamilton as chief operating officer of its retail asset management business, which will be run by Neil Woodford from May.

UBS CIO Wealth Management Research publishes study UBS Real Estate Focus 2014

Average price growth for residential real estate declined slightly in 2013 as condominiums grew only 3.5% – less than the 10-year average, according to a study by UBS CIO.

Morocco to allow Islamic banking to tap $1.7trn industry

Morocco is planning to allow Islamic banking for the first time in the country this year to tap the $1.7trn industry.

Alternative assets industry hits US$6 trillion in AUM for first time: Preqin

Preqin has launched its 2014 Global Alternatives Reports, which reveal the global alternatives industry has shown significant growth in assets held by private equity, hedge fund, real estate and infrastructure fund managers.

Standard Life Investments unveils new EM corporate bond fund

Standard Life Investments has unveiled a new global emerging market corporate bond fund for its EMD team.

JPMAM appoints new head of global strategic relationship group for Asia-Pacific ex-Japan

JP Morgan Asset Management (JPMAM) has named Travis Spence as head of global strategic relationship group (GSRG) for Asia-Pacific ex-Japan.

Standard Chartered opens new subsidiary in Angola

Standard Chartered has opened a new onshore banking subsidiary in Angola in association with state-owned insurance firm ENSA.

Affluent LGBT investors less confident about financial knowledge than non-LGBT investors: Spectrem

Affluent LGBT investors are less confidence in their investment knowledge than their non-LGBT counterparts, according to a Spectrem study.

Asset-backed securities quality in Europe continues to improve, says Swiss & Global?

Quality of asset-backed securities in the European market continues to improve as the new regulatory requirements are being structured more conservatively, according to a study by Swiss & Global Asset Management.