All articles by Verdict Staff
Verdict Staff
Scotia Private Pools announces portfolio advisor changes
Scotia Private Pools has made portfolio advisor changes to Scotia Private Emerging Markets Pool and Scotia Private US Large Cap Growth Pool.
Gibraltar Private Bank & Trust names new president
Gibraltar Private Bank & Trust has named Angel Medina as its new president.
Brookfield closes US$7 billion Global Infrastructure Fund
Brookfield Asset Management has held the final close on Brookfield Infrastructure Fund II with equity commitments totaling US$7 billion, creating a global fund that will invest in infrastructure, with a focus on transportation, renewable power, utilities, and energy assets in North and South America, Europe and Australasia.
Advisor must understand the risk tolerance of investors: Spectrem research
High-net-worth investors want their advisors to understand them, and what they want them to understand are their feelings about investment risk, according to Spectrem research.
FCA to cut fund authorisation times by April next year
The FCA will reduce the time it takes to authorise investment funds such as non-UCITS retail schemes and Qualified Investor Schemes by April next year, in a move to strengthen the UKs competitive edge.
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Baidu to launch second investment product
Chinese Internet search giant Baidu is set to launch its second investment product, Baizhuan, in partnership with China Asset Management, according to The Global Times.
EIIB-Rasmala plans to widen range of Islamic investment products
EIIB-Rasmala, a venture between London-based European Islamic Investment Bank and Dubai’s Rasmala Group, is planning to widen its range of Islamic investment and target more than US$2 billion of capital and investment funds from global investors.
Rabobank chairman resigns over Libor scandal
Rabobank Group’s chairman of the Executive Board Piet Moerland has decided to resign with immediate effect in the light of the findings of the Libor and Euribor investigations.
Britain to make database of company ownership details public to deter tax evasion
In a continuing effort to deter tax evasion, the British government is set to make public a new database of company ownership details.
BVI House Asia appoints new director
The Government of the Virgin Islands has appointed Elise Donovan as director of the BVI House Asia, with effective from January 2014.