All articles by Verdict Staff
Verdict Staff
iShares launches short duration ETFs
BlackRocks iShares has launched five new bond products, three ultra-short bond ETFs and two short duration bond ETFs on the London Stock Exchange tracking short duration bond indices in a move to protect investors from future interest rate rises.
Fidelity Worldwide Investment acquires Annuity Direct
Fidelity Worldwide Investment has acquired the entire share capital of Annuity Direct and its holding company Retirement Angels for an undisclosed sum.
Hedge fund performance could be on track to match returns in 2012
New research released in Preqin Quarterly Update: Hedge Funds, Q3 2013 reveals that Q3 overall was a good quarter for hedge fund performance, with figures posted in July and September 2013 representing two of the three strongest months for returns from hedge funds in 2013 so far.
Ashmore rolls out Pan Africa and Latin America SICAV funds
British investment manager Ashmore Group has announced the SICAV registration of its Pan Africa Equity Fund and Latin-America Equity Fund in a move to access returns primarily from Pan Africa and Latin America.
Ascentric pilots DIY service for adviser clients
London-based firm Ascentric is piloting a white label execution-only platform, which will allow advisers to manage their own investments online and to maintain relationship with clients who do not pay post-RDR fees, according to FT adviser.
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Polar Capital to close UK equity team
Polar Capital has decided to shut its UK equity team with no immediate plans to re-enter the UK equity market.
IFM to unveil new office in Tokyo
Industry Funds Management (IFM), a UK-based privately owned investment manager, plans to open a new office in Tokyo.
Praemium bolsters discretionary capabilities with two senior hires
Praemium, a wealth management firm and platform provider, has appointed two discretionary fund managers, Nick Stanhope and Ari Towli, to strengthen the firms Smart Investment Management team, effective from November 2013.
SIX Financial Information signs first clients for FATCA data
SIX Financial Information has signed its first FATCA data contract in the UK with a global investment bank. Further contracts have also been signed across Europe.
Alliance Trust Investments MD to depart
Alliance Trust Investments’ (ATI) managing director (MD) Edward Troughton is set to leave the firm by the end of this year to pursue another opportunity within the industry.