All articles by Verdict Staff
Verdict Staff
Fortress Asia chief mulls hedge fund spin-off
Adam Levinson, chief investment officer of Fortress Investment Group Asia Macro funds, is reportedly in talks with the New York-based US$58 billion alternative asset management firm, to launch his own hedge fund firm.
Azimut Wealth Management appoints new advisory head
Italy-based Azimut Wealth Management has appointed Massimo Donatoni as head of its advisory team which is headed by Paolo Martini, according to Investment Europe.
Schroders reopens Asia Asset Income Fund with new RMB- hedged share class
Schroder Investment Management (Hong Kong) has reopened the Schroder Asia Asset Income Fund and introduced a renminbi-hedged share class for the multi asset fund in an effort to increase assets.
China to comply with FATCA rules by July 2013
China is set to comply with the US Foreign Account Tax Compliance Act (FATCA) rules by July 2013, following backlash from mainland authorities.
AXA Wealth scraps Architas fund charges for Elevate clients
AXA Wealth will be offering advisers a reduced charge on the Architas range of active, passive and blended risk-rated investment funds, income generating funds and specialist funds when invested with its Elevate platform.
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YourWealth launches new Money Hub service for advisers
UK-based online financial planning firm YourWealth has launched a new service, Money Hub Connect, for advisers connected to direct-to-consumer financial planning tool Money Hub.
The advice investors get and want from their advisors: Spectrem’s study
Diversifying assets and establishing an investment plan are the two pieces of advice most often received from advisors by wealthy investors, according to Spectrem’s Millionaire Corner study.
Praemium hires new investment solutions head in London
UK-based wealth management firm Praemium has appointed Rebecca Murphy from North Investment Partners as head of investment solutions in London office.
Goldman Sachs Asset Management launches new bond fund in Australia
Goldman Sachs Asset Management (GSAM) has introduced Global Strategic Bond Fund to offer Australian investors with access to investment options across global fixed income markets.
Investec Wealth & Investment expands teams in Glasgow and Edinburgh
Investec Wealth & Investment (IW&I) has expanded its teams in Glasgow and Edinburgh with nine new appointments in a move to widen its presence in the Scottish market.