All articles by Verdict Staff

Verdict Staff

Higgs Capital Management to close

Founders of commodity hedge fund Higgs Capital Management have informed investors that they will wind down the firm and return money to them.

Wine investment firm BFW to be liquidated

A UK court has appointed a provisional liquidator for London-based wine investment firm Bordeaux Fine Wines (BFW) after an investigation by the Insolvency Service.

Bahamas International Securities Exchange adds a new sponsor member

The Bahamas International Securities Exchange (BISX) has announce that Societe Generale Private Banking (Bahamas) has applied for and been approved as a BISX Sponsor Member for the listing of mutual funds on the Exchange.

Geneva Advisors expands mutual fund offerings

Geneva Advisors, a Chicago-based investment management firm, has expanded its mutual fund offering by launching two new small cap and mid cap growth funds.

Javelin Wealth Management to buy fund management business of Binjai Hill AM

Singapore-based Javelin Wealth Management is set to buy the fund management business of Binjai Hill Asset Management (BHAM).

RHJ International announces spin-off of Ripplewood merchant banking operations

RHJ International (RHJI) has completed the spin-off of the merchant banking business previously conducted through Ripplewood into a new entity, Kleinwort Benson Advisors LLC (KBA).

M&G appoints new director of investment management

M&G Real Estate, a UK-based asset manager, has appointed Jonathan Clarke as its new director of investment management.

Hartmann Capital to wind up after FCA acts over £1.5 million shortfall in client monies

London-based wealth firm Hartmann Capital has applied to wind up after the FCA prohibited it from carrying out regulated business due to a £1.5 million client money shortfall.

FERC, CFTC sign MOUs on jurisdiction and information sharing

The Federal Energy Regulatory Commission (FERC) and the Commodity Futures Trading Commission (CFTC) have signed two Memoranda of Understanding (MOU) to address circumstances of overlapping jurisdiction and to share information in connection with market surveillance and investigations into potential market manipulation, fraud or abuse.

Bank J. Safra Sarasin appoints new vice chairman for client advisory in Singapore

Bank J. Safra Sarasin has appointed Jennie Hananto to the new role of vice chairman for client advisory in Singapore.