All articles by Verdict Staff

Verdict Staff

PineBridge expands institutional sales team in China

PineBridge, a New York-based independent asset management firm, has expanded its institutional sales team in Greater China with the appointment of Peng Luo as managing director of the unit.

Switzerland to sign OECD tax assistance deal

Switzerland plans to sign an international deal on exchanging tax information concerning concerns non-residents with assets in the country.

CounterpartyLink chosen by Oddo Asset Management to maintain client, counterparty information

CounterpartyLink has been chosen by Oddo Asset Management, one of France’s leading Asset Managers, for the provision of legal entity data and supporting services.

MEAG installs SimCorp’s front-office suite globally

MEAG, an asset manager of Munich Re, has selected SimCorp to extend SimCorp Dimension installation into the company’s front-office.

IFC Asset Management raises US$1.2 billion for infrastructure equity fund

IFC Asset Management Company (AMC), a wholly-owned subsidiary of the International Finance Corporation (IFC), has raised a total of US$1.2 billion for its infrastructure equity fund.

UK losing £17 billion a year by not launching tax amnesty scheme

The UK’s HM Revenue & Customs (HMRC) could pocket more than £17 billion each year by launching amnesty scheme for tax evaders, according to a report by accounting firm Crowe Clark Whitehill (CCW).

Commodity market decreased in September amid mixed fundamentals: Credit Suisse

Commodities were lower in September as decreased geopolitical risk and commodity-specific fundamentals weighed on the market.

FX Concepts to close investment management operations

FX Concepts, a New York-based private manager of foreign exchange risk, is to close its investment management business, following poor performance.

Coutts sets up new Advisory Board for Middle East business

Coutts has set up an Advisory Board for its Middle East business, which aims to help broaden and shape the firm’s plans, aiding hiring and driving financial performance.

JP Morgan AM’s thematic investing head departs

Gary Clarke, head of JP Morgan Asset Management’s thematic investing, has left the firm after two of his funds were liquidated.