All articles by Verdict Staff

Verdict Staff

Sopra partners with Gambit to offer wealth management services

Sopra Banking Software has partnered with Gambit Financial Services to offer integrated wealth management capabilities, that help banks to serve mass affluent and high net-worth individuals.

Ventures Africa launches first of its new annual Africa rich list

Ventures Africa, an African business magazine and news service, has launched the first of its new annual Africa rich list.

Allfunds Bank poaches ex- Cofunds manager to head UK sales

Allfunds Bank has poached Cofunds’ business development manager, Bradley Lewis, as head of sales and relationship management for the UK and Ireland and to help spearhead its business expansion.

Global ETF and ETP assets reach US$2.22 trillion: ETFGI

Strong net inflows of US$35 billion in September and positive market performance helped to push global ETF and ETP assets to US$2.22 trillion, a new record high, at the end of Q3 2013, according to ETFGI’s Q3 2013 Global ETF and ETP industry insights report.

Fairholme Capital launches Fairholme Partnership for institutional investors

Fairholme Capital Management is opening up its nine-month-old hedge fund, Fairholme Partnership LP to offer interests for institutional investors.

Standish sees economies of US and most international markets strengthening in 2014

The strengthening US economy likely is healthy enough to withstand the government shutdown and the debt ceiling debate provided that these uncertainties can be resolved fairly quickly, according to report by Standish Mellon Asset Management Company, fixed income specialist for BNY Mellon.

Taiwan’s FSC mulls further opening up of RMB derivatives market

Taiwan’s Financial Supervisory Commission (FSC) is seeking to expand the range of the RMB derivatives business for domestic designated banking units (DBUs).

UBS set to launch Asia focused hedge fund to investors

UBS O’Connor, the US$5.2 billion unit of UBS AG, plans to open its first Asia-focused hedge fund to investors later this year.

Barclays wraps up £5.8 billion rights issue to boost capital

British banking giant Barclays has completed its £5.8 billion (US$9.4 billion) rights issue to meet a capital shortfall identified by its regulator.

BNP Paribas appoints new head of economic research

BNP Paribas has appointed Jean-Philippe Cotis as head of economic research. He will report to Philippe Bordenave, COO of BNP Paribas Group.