All articles by Verdict Staff

Verdict Staff

CITIC Capital launches multi-strategy hedge fund platform CCTrack Solutions

CITIC Capital has launched CCTrack Solutions, a multi-strategy hedge fund platform aimed at institutional investors in North America, Europe and Asia.

EFAMA heralds MiFID agreement but expresses disappointment

The European Fund and Asset Management Association (EFAMA) has welcomed the European Parliament, Council and European Commission informal agreement on the review of the Markets in Financial Instruments Directive (MiFID).

Ireland to launch new fund vehicle for asset managers

Ireland is set to launch a new type of fund vehicle, the Irish Collective Asset-management Vehicle (ICAV), for global asset managers.

BBA to hand over administration of LIBOR to Intercontinental Exchange Benchmark Administration

The BBA’s board voted unanimously to approve the transfer of the administration of LIBOR to the new administrator as recommended by the Hogg Tendering Advisory Committee on 9th July 2013 and has been working since then to ensure a smooth transition.

Legend Advisory launches new wealth management platform

Legend Advisory Corporation (Legend) has launched a new comprehensive wealth management platform, Guided Portfolio Solutions (GPS), for their financial advisers.

Former Standard Bank employees launch new advisory firm in London

Five former Standard Bank employees have set up a new a London-based advisory firm – Alkebulan Ltd – to manage financing for companies and projects throughout the African region.

London Stock Exchange Group appoints members to board of directors

London Stock Exchange Group (LSEG) has announced that Sherry Coutu and Joanna Shields will join the LSEG Board as Non-Executive Directors with immediate effect.

Ogier’s Carribean appoints managing partners for Cayman Islands, BVI

The Managing Partners of Ogier’s Caribbean offices has announced that Shameer Jasani has been appointed as a partner in the Cayman Islands Corporate and Funds team, and Ray Ng has been appointed as a partner and Head of Litigation for BVI and Asia.

Taiwan to leverage US delay in FATCA implementation

A delay in the implementation date for the US Foreign Account Tax Compliance Act (FATCA) for a tax information exchange with financial institutions globally will allow Taiwan to gain leverage in the follow-up negotiations.

Skandia stops trading HSBC Frontier Markets fund

Skandia has stopped trading HSBC’s £152 million (US$251 million) Frontier Markets fund from its platform due to the timing of its trading days and its inability to offer in daily liquidity.