All articles by Verdict Staff

Verdict Staff

PSigma appoints new manger to its income fund management team

UK-based asset manager PSigma has added Gervais Williams to the management team of the £360 milion PSigma Income fund.

Edmond de Rothschild mulling to expand Hong Kong private banking team

Swiss private bank Edmond de Rothschild is planning to expand its private banking capabilities in Hong Kong, and aims to add 10 staff in the coming year.

Costa Rica signs FATCA agreement with US

The governments of the US and Republic of Costa Rica have signed an agreement to improve international tax compliance and to implement the Foreign Account Tax Compliance Act (FATCA).

New Zealand’s Financial Markets Authority appoints as chief executive

The Financial Markets Authority (FMA) of New Zealand has appointed Rob Everett as its new chief executive, effective 3 February 2014.

China to expand RQFII pilot scheme to France

China’s Ministry of Finance plans to expand the RMB Qualified Foreign Institutional Investor (RQFII) pilot scheme into the Paris offshore RMB market.

FNZ partners with Euroclear UK & Ireland to drive fund processing change

FNZ has signed a strategic partnership agreement with the UK’s central securities depository, Euroclear UK & Ireland (EUI).

Eminence Capital ex-executives to launch own hedge fund in New York

Adam Ryan and Hari Ramanan, two former executives of the US-based Eminence Capital, are planning to launch their own hedge fund called Valarc Holdings in New York.

Q3 2013 sees UCITS net inflows increase to EUR 34 billion: EFAMA

The European Fund and Asset Management Association (EFAMA) has published its latest Quarterly Statistical Release which describes the trends in the European investment fund industry during the third quarter of 2013.

FCA to investigate gold price fix

The Financial Conduct Authority (FCA) of UK is investigating into how gold prices are fixed in the US$20 trillion gold market, reported Bloomberg citing person familiar with the review.

State Street Global Advisors wins $310 million ESG mandate from VicSuper

State Street Global Advisors (SSgA) has won new $310 million active global equities environmental, social and corporate governance (ESG) mandate from VicSuper.