All articles by Verdict Staff
Verdict Staff
Former UBS wealth management chief to plead not guilty in tax evasion case
Raoul Weil, the former head of UBS’s global wealth management business accused of helping wealthy Americans dodge taxes via secret Swiss accounts, is expected to plead not guilty in federal court in Florida.
Platinum Wealth Solutions appoints new director
Platinum Wealth Solutions has appointed Ray Ortega as its new director.
Political atmosphere not as influential in investor decisions: Spectrem
Twenty percent of Affluent respondents said that the political climate was the most serious threat to achieving their household’s present financial goals, and that is down from 26% reporting the same concern in December of 2012, according to a study by Spectrem Group.
DeAWM, Harvest Global partner to launch Europe’s first physical China A-shares ETF
Deutsche Asset & Wealth Management (DeAWM) has joined forces with Harvest Global Investments to launch Europes first physically-backed exchange traded fund (ETF) tracking Chinas CSI300 A-shares Index.
Hedge Funds get US$17.5 billion in November: TrimTabs and BarclayHedge report
BarclayHedge and TrimTabs Investment Research reported that hedge funds took in US$17.5 billion (0.9% of assets) in November.
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Double taxation agreements between Cyprus and five other countries come into effect
The double taxation agreement signed between Cyprus and five other countries including Estonia, Finland, Portugal, Spain and Ukraine came into effect on 1 January 2014.
Unlisted infrastructure fundraising grows 31% in 2013: Preqin
The global unlisted infrastructure industry has seen a successful year in terms of fundraising, building on the growth seen throughout 2012, according to a research by Preqin.
Legg Mason appoints Thomas K. Hoops head of business development
Legg Mason has appointed Thomas K. Hoops, an executive with significant leadership experience in the asset management industry, as Executive Vice President and Head of Business Development.
Skagen unveils new clean share classes for funds in UK
Norwegian fund manager Skagen has unveiled new RDR-compliant clean share classes for three of its Kon-Tiki, Global and Vekst equity funds in the UK.
Mitsubishi Corporation, UBS launch a UK Real Estate Debt Fund
Mitsubishi Corporation (MC) has launched a new real estate debt fund focused on the UK market, managed by a joint venture between MC Asset Management Europe (MCAME), a 100% subsidiary of MC and UBS Global Asset Management (UBS GAM), a 100% subsidiary of UBS A.G. (UBS).