All articles by Verdict Staff
Verdict Staff
Marlborough launches Nano-Cap Growth Fund
Marlborough Fund Managers has launched a new actively-managed fund that will invest in markets smallest companies and has appointed small cap investor Giles Hargreave to manage the fund.
Wells Fargos wealth, brokerage and retirement unit Q3 net income jumps to US$450 million
Wells Fargos wealth, brokerage and retirement unit has registered net income of US$450 million for the third quarter of 2013, up by US$112 million, or 33%, compared to US$338 million during the same period over the last year.
Lyxor appoints senior executives for the alternative multi-manager business and in the US
Lyxor announces the following appointments, effective 14th of October 2013:
Barings plans to launch new European Opportunities Fund
Baring Asset Management is set to launch a new Baring European Opportunities Fund, subject to regulatory approval.
BNP Paribas appoints Pierre Veyres as Singapore CEO and regional head for Southeast Asia
BNP Paribas has appointed Pierre Veyres as the CEO of BNP Paribas Singapore and regional head for Southeast Asia, effective 14 October 2013.
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Finisterre Capital unveils new emerging markets debt fund
London based Finisterre Capital has unveiled a stand-alone, UCITS compliant Emerging Market Debt Fund, following increased demand from clients’ in the wake of Solvency II requirements, according to Hedgeweek.
Over 75% of buy-side firms avoided SEFs on day one: TABB Group
Despite the government shutdown and last-minute scurrying to finalize swaps execution facility (SEF) documents and iron out tech glitches, there were no major breakages on October 2, according to buy-side firms polled by TABB Group.
Isle of Man signs tax information sharing agreement with UK
The United Kingdom and the Isle of Man have signed an automatic tax information exchange agreement based on the US Foreign Account Tax Compliance Act (FATCA) to help combat tax evasion.
AXA Wealth enhances its Elevate platform
Driven by demand from advisers keen to improve their own efficiency and client service, AXA Wealth has introduced several significant enhancements to the Elevate platform.
Aviva Investors appoints new high yield trader for US bond trading
Aviva Investors Americas has appointed Jeff Jones as a high yield trader to trade bonds as the unit seeks to expand business with clients eyeing high-yield securities.