All articles by Verdict Staff

Verdict Staff

Japan household financial net worth at record high: Nikko AM

Nikko AM’s latest research shows that Abenomics is exceeding its targets and consensus expectations on the road to reform. Prime Minister Shinzo Abe’s ‘Three Arrows’ policy, dubbed by Nikko AM as ‘Super-Abenomics’, is providing a clear boost to Japan’s household finances.

ProShares launches first investment grade bond ETF with built-in interest rate hedge

ProShares, a premier provider of alternative exchange traded funds (ETFs), has launched ProShares Investment Grade–Interest Rate Hedged (bats:IGHG), the first investment grade bond ETF in the United States that provides a built-in hedge against rising interest rates.

Cofunds scraps ETF and investment trust plans with Barclays Stockbrokers

Cofunds has scrapped a proposed venture with Barclays Stockbrokers to list investment trusts and ETFs on its platform for financial advisers.

SEC appoints new chief of municipal securities and public pensions unit

The Securities and Exchange Commission has appointed LeeAnn Ghazil Gaunt as chief of the Enforcement Division’s Municipal Securities and Public Pensions Unit.

Pictet AM expands institutional business development team in UK

Pictet Asset Management (Pictet AM) has appointed Roger Price-Haworth as head of its institutional business development for the UK and Ireland.

Beth Wheeler named head of Advocacy Wealth Trust

Advocacy Wealth Management and CertusBank have appointed Beth Wheeler as the Head of Advocacy Wealth Trust.

Carmignac Gestion offers funds to Cofunds UK investors

Asset management firm Carmignac Gestion has made available six of its sterling-denominated funds to Cofunds investors in the UK.

Attracting and retaining talent the top human resources challenge: Family Office Exchange

Family offices reported that finding and retaining qualified talent was their top human resources challenge, according to a research from the Family Office Exchange (FOX), a global network of wealth owners and their advisors.

Valartis selects VTB Unit to manage US$1 billion Russian fund

Swiss private bank Valartis Group AG has selected Russian VTB Capital Investment Management as sub-advisor for its US$1 billion Russian fund.

Manulife Financial Wealth sales up 34% in Q3

Manulife Financial, a Canada-based insurance company and financial services provider, has reported Wealth sales of CAD11.3 billion (US$10.8 billion) in the third quarter ended 30 September 2013, up 34%, compared with the third quarter of 2012 figures.