All articles by Verdict Staff

Verdict Staff

Hedge fund manager acquires stake in WH Ireland

Hedge fund manager Christopher Gate has acquired 5% stake in stockbroker WH Ireland through his Oceanwood Global Opportunities Master Fund.

Signature Bank strengthens private client team

Signature Bank, headquartered in New York, said today it will be bolstering its private banking arm with three new hires.

NCB Capital unveils new Shariah-compliant fund

NCB Capital, a Saudi Arabia-based wealth advisory firm, has launched a new Shariah-compliant open-ended equity fund called, AlAhli Global Growth and Income Fund.

Advisers face further £30 million FSCS interim levy after Catalyst collapse

Investment advisers could face Financial Services Compensation Scheme (FSCS) levy of around £30 million in the first quarter of 2014 due to the collapse of life settlement fund promoter Catalyst Investment Group.

Volante Technologies launches ‘SWIFT Funds Migration Accelerator’

Volante Technologies, a global leader in the provision of innovative financial data integration tools, launched its ‘SWIFT Funds Migration Accelerator’.

Hedge funds in emerging Asia, Mid-East, Russia lead 3Q gains

Emerging markets hedge funds extended year-to-date (YTD) performance gains in the third quarter as local equity and currency markets posted a strong recovery on a continuation of the US Federal Reserve stimulus measures, according to the HFR Emerging Markets Hedge Fund Industry report, released by HFR.

Singapore close to sign FATCA deal with US

Singapore is close to signing a Foreign Account Tax Compliance Act (FATCA) inter-governmental agreement (IGA) with the US.

David Ross sentenced for New Zealand’s largest ever Ponzi

David Robert Gilmour Ross (63) has been sentenced in the Wellington District Court to 10 years and 10 months of imprisonment following a joint agency investigation by the Serious Fraud Office (SFO) and the Financial Markets Authority (FMA).

Lazard Asset Management hires national sales manager, US Financial Institutions Group

Lazard Asset Management (LAM) has appointed Dwight D. Jacobsen as a Managing Director and National Sales Manager in the US Financial Institutions Group (FIG).

BNY Mellon appoints two regional family wealth advisors

BNY Mellon has appointed Dan Fasciano and Michael Oliver as family wealth advisors to its wealth management team serving the ultra wealthy.