All articles by Verdict Staff

Verdict Staff

NorthStar launches new hedge fund administration subsidiary

NorthStar Financial Services Group has launched a new hedge fund administration subsidiary, called Gemini Hedge Fund Services.

OCBC Bank launches US$100 million private equity fund

Oversea-Chinese Banking Corporation (OCBC Bank) has launched a US$100 million private equity fund under the Shanghai Qualified Foreign Limited Partner (QFLP) Pilot Programme.

Ultimus expands strategic fund distribution services for investment managers

Ultimus Fund Solutions, a provider of mutual fund services to the financial industry, has expanded its strategic fund distribution services for investment managers.

LGBT investor almost same as non-LGBT investors: Spectrem

In many ways the LGBT investor is similar to non-LGBT investors, according to a new Spectrem study of affluent LGBT investors.

Brooks Macdonald to launch new property fund through new JV

Brooks Macdonald Group, a UK based wealth management group, is set to launch a new Ucits core property fund through its new joint venture North Row Capital.

RBS Securities Japan sentenced for manipulation of Yen Libor

RBS Securities Japan Limited, a wholly owned subsidiary of The Royal Bank of Scotland plc (RBS), was sentenced for its role in manipulating the Japanese Yen London Interbank Offered Rate (LIBOR), a leading benchmark used in financial products and transactions around the world.

Kaspar von Braun pockets €10.89m in share sale

Kaspar von Braun, a member of the supervisory board of Henkel AG & Co KGaA, a German manufacturer of diverse chemical products for consumer and industrial purposes, has sold 151,066 shares, representing a 0.0348% stake in the company.

Manulife Mutual Funds adds five new funds to its lineup

Manulife Mutual Funds launched the five new funds to expand its US equity and balanced fund offering and capitalize on its asset management expertise in Canada and the US.

Bessemer Trust names new director of philanthropic advisory services

Bessemer Trust has named Paul Connolly as new principal and director of its philanthropic advisory services.

Close Brothers appoints new head of research

Close Brothers Asset Management has appointed Robert Alster as new head of research.