All articles by Verdict Staff

Verdict Staff

Investcorp appoints new hedge funds head

Investcorp’s New York-based Hedge Fund group has appointed Lionel Erdely as hedge funds head and as chief investment officer.

SSgA to make funds available on netwealth investment platform

State Street Global Advisors (SSgA), an asset management business of State Street Corporation, is set to make its Retirement Lifestyle Solution funds available on netwealth investment platform.

Babson Capital Management expands into emerging market debt

Babson Capital Management has hired Ricardo Adrogue and Brigitte Posch to lead the firm’s new emerging market debt investment team.

Hong Kong’s Securities and Futures Commission signs MoU with the Financial Regulatory Commission of Mongolia

The Securities and Futures Commission (SFC) and the Financial Regulatory Commission of Mongolia (FRC) today entered into a Memorandum of Understanding (MoU) in Ulaanbaatar, Mongolia.

Former Bain Capital executives, Princely Family of Liechtenstein set up L-GAM

Former Bain Capital executives have joined hands with Princely Family of Liechtenstein and launched L-GAM, an investment company, according to Hedgeweek.

First Financial Trust & Asset Management announces election of Bradley Brown

First Financial Trust & Asset Management Company, N.A. has announced the election of Bradley D. Brown as Senior Vice President.

Malayasia and UAE agree to strengthen Islamic finance

The central banks of Malaysia and the United Arab Emirates have signed a deal to strengthen economic ties between the two countries, including in the area of Islamic finance.

Envestnet opens new facility in Kerala, India

Envestnet Asset Management India, a fully-owned subsidiary of Chicago-based Envestnet, has opened a new facility in Thiruvananthapuram city of Kerala, India.

Skandia expands wealth planning team in UK

Skandia, a UK-based provider of long-term investments offering flexible and tax-efficient solutions, has expanded its wealth planning team with the appointment of Colin Betts and Nathalie Claeys.

Bellpenny acquires Meridan Park Associates for £1bn

Bellpenny, a national wealth manager and IFA acquirer, has completed the acquisition of an IFA-based Meridan Park Associates (MPA), in Newbury, Berkshire for £1 billion.