All articles by Verdict Staff

Verdict Staff

European equity markets continues positive trend

As European Central Bank (ECB) President Mario Draghi prepares to deliver the keynote address at the European Banking Congress in Frankfurt on Friday, the European equity markets continued to exhibit strong performance.

Tikehau IM introduces new leveraged loan fund in Europe

Tikehau IM, a France-based credit-orientated investment management subsidiary of Tikehau Group, has launched a new leveraged loan vehicle to invest in senior secured loans across Europe.

SJP pays out £1.25 million in client compensation and redress

St James’s Place (SJP) has handed over £1.25 million to compensate and redress the clients after its partner misappropriated thousands of pounds of client funds.

Peregrine Holdings acquires stake in Cannon Asset Managers

Peregrine Holdings has acquired Hollard Life’s shareholding in Cannon Asset Managers, effective from 1 December 2013.

Alter Domus appoints former JP executive as new global head of sales

Alter Domus, a Luxembourg-based provider of fund and corporate services, has appointed Patrick McCullagh, the former head of private equity and real estate for JP Morgan’s investor services division, as its new global head of sales.

Global technology executives to accelerate growth strategies in 2014: EY

Sixty-eight percent of technology executives believe the global economy is improving, with another 20% indicating the economy is stable, according to EY’s ninth bi-annual Technology Capital confidence barometer, a survey of 1,600 senior executives in 72 countries, including 181 executives from the technology sector.

BNY Mellon streamlines equity, bond funds range with mergers

BNY Mellon has streamlined its funds range by realigning its equity and bond units.

Raymond James recruits US$1 million advisor from Wells Fargo in Pennsylvania

Raymond James recruited financial advisor Keith Morris, according to Tom Harrington, regional director of Raymond James Financial Services (RJFS), the firm’s independent broker/dealer.

Swiss people vote against limitation on salaries of top executives

Around 66% of Swiss people have voted against a proposal to limit salaries of top executives at 12 times that of the firm’s lowest-paid employee.

Alternative asset managers targeting retail investors: Fitch Ratings

The growing role of retail investors in the management of their own retirement assets is driving alternative asset managers, including most large private equity (PE) firms, to expand capital-raising strategies, according to a Fitch Ratings report.