All articles by Verdict Staff

Verdict Staff

Value Partners expands footprint into Singapore

Value Partners, a Hong Kong-based fund management firm, has expanded its presence into Singapore with the opening of new branch in Lion City for distribution, according to AsianInvestor.

WeiserMazars merges with Resnick Druckman Group

WeiserMazars, a US-based accounting, tax and advisory services firm, has closed the merger with The Resnick Druckman Group.

Founder Securities to sell 66.7% stake in JV with Credit Suisse: Reports

China-based Founder Securities is, reportedly, planning to sell its stake in Credit Suisse Founder Securities, a joint venture (JV) formed between Founder Securities and Swiss bank Credit Suisse, as it plans to acquire Minzu Securities, a China-based investment-banking business.

Swiss to settle EU deal over tax evasion

Swiss finance minister Eveline Widmer-Schlumpf said that the country plans to start settling disputes with Europe regarding its Swiss bank accounts hidden from European tax authorities.

Natixis Global Asset Management expands institutional team in UK

Natixis Global Asset Management (NGAM) has expanded its institutional team in UK with the appointment of Alex Wharton as a manager in the UK institutional business development team and Fred McNeill, as a manager in the UK consultant relationships team.

Jersey banker breaks Data Protection law

A former senior manager of Coutts, a wholly owned bank of RBS, Roger Quirk has admitted breaking the Data Protection law set by Office of the Data Protection Commissioner of Ireland.

Institutional drew towards alternative investments inspite of doubtful returns: State Street

Institutional investors show a continued appetite for alternative investments despite heightened concerns about return volatility, according to a new study Center for Applied Research (CAR), State Street’s independent think tank.

London & Capital signs up Distribution Technology’s risk profiling tool to its managed portfolios

London & Capital, a UK-based wealth management firm, has subscribed its suite of managed portfolios with financial technology provider Distribution Technology’s risk profiling service.

Henderson Global Investors names new head for Asia ex-Japan equities team

Henderson Global Investors has poached Aberdeen Asset Management’s Andrew Gillan to head its Asia ex-Japan equities team.

BNY Mellon to shut Vietnam, India & China fund

BNY Mellon Global Funds is set to close its underperforming £8.7 million (US$14 million) Vietnam India & China fund after losing almost 43% over the past three years.