All articles by Verdict Staff

Verdict Staff

Number of UHNW individuals will increase drastically in Philippines: Q Intel Research

The number of ultra-high-net-worth (UHNW) individuals in the Philippines will increase drastically since the country’s economy will continue to grow at a stable rate, and as the country’s equity markets continue to grow steadily, according to a survey by Q Intel Research.

Dalton slashes AMC on Melchior Global Equity fund

UK-based Dalton Strategic Partnership has slashed the annual management charge (AMC) on its Melchior Global Equity fund for retail and institutional investors from 0.75% to 0.25%.

Tetragon Financial raises stake in Ashcourt Rowan to 9.9%

Tetragon Financial Management (TFM), a Guernsey-domiciled hedge fund firm, has raised its stake in Ashcourt Rowan to nearly 9.9%.

Marlborough rebrands fund to reflect multi-cap growth strategy

Marlborough Fund Managers has rebranded Marlborough UK Leading Companies fund as Marlborough UK Multi-Cap Growth Fund, effective from 1 January 2014.

Vanguard launches ETF Knowledge Center

Vanguard, a US-based ETF issuer, has launched the ETF Knowledge Center to meet advisors’ demands for online ETF Research.

UBS appoints new head of EMEA financial institutions debt capital markets business

UBS has appointed Roberto Speranza as new head of EMEA financial institutions debt capital markets business replacing Robert Ellison, who has left the firm to pursue outside opportunities.

UAE sets rules for issuance and trading of covered bonds

The United Arab Emirates has sets rules to develop covered bonds market, which will allow the practicing of activities like the issuance, listing and trading of covered bonds on the local markets.

Kotak Mahindra launches new fixed income fund

Kotak Mahindra (UK) has launched a new Luxembourg domiciled UCITS compliant fund, India Fixed Income Fund.

D2C website offers web-based advice at £60 per hour

A direct-to-consumer (D2C) website is planning to develop a new web-based advice service which will charge clients £60 an hour.

Goldman Sachs Group’s China partner steps down

Goldman Sachs Group’s China partner Yang Changpo has retired after a spell of more than seven years with the bank.