All articles by Verdict Staff
Verdict Staff
Barclay CTA Index gains 0.56% in November
Managed futures gained 0.56% in November according to the Barclay CTA Index compiled by BarclayHedge.
CFTC approves comparability determinations for six jurisdictions
The Commodity Futures Trading Commission has approved a series of broad comparability determinations that would permit substituted compliance with non-US regulatory regimes as compared to certain swaps provisions of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and the Commission’s regulations.
Tiger Asia admits insider dealing and ordered to pay investors US$45 million
The Court of First Instance today ordered Tiger Asia Management (Tiger Asia) and two of its senior officers, Mr Bill Sung Kook Hwang and Mr Raymond Park (collectively the Tiger Asia parties), to pay US$45,266,610 to investors affected by their insider dealing involving two Hong Kong-listed banking stocks.
Way Group selects Brompton Asset Management to manage funds
Way Group has selected Brompton Asset Management to manage its global fund range.
Altamont Capital and Wunderlich Securities close on US$40 million investment
Wunderlich Securities has closed an equity capital investment of up to US$40 million led by both Altamont Capital Partners and members of the company’s management team.
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Aegon UK acquires Novia Investment Services
Aegon UK has bought out the stake it did not already own in Novia Investment Services (NISL), the joint venture with wrap provider Novia Financial.
Pimco unveils new strategic income fund
American investment management firm Pimco has unveiled a new multi-asset income fund, Pimco GIS Strategic Income fund.
More than 85% Canadians will give to charities this holiday season: BMO Harris
The spirit and generosity of Canadians will be on full display this year with the vast majority (86%) reporting that they will engage in some sort of charitable activity during the holiday season, according to a study by BMO Harris Private Banking.
Council of the European Union, European Parliament agrees upon on market abuse directive
The Permanent Representatives Committee (Coreper) approved today, on behalf of the Council, a compromise reached with the European Parliament on a draft directive on criminal sanctions for market abuse (17895/13).
SSARIS Advisors hires new chief executive
SSARIS Advisors, an affiliate of State Street Global Advisors (SSgA), has hired Paul Lucek as new chief executive, with effect from 1 January 2014.