All articles by Verdict Staff
Verdict Staff
Industry veterans launch The Hedge Fund Due Diligence Exchange
Few hedge fund industry veterans have joined forces to launch The Hedge Fund Due Diligence Exchange (HFDDX) to provide new and experienced investors both forensic-style due diligence reports and a substantial cost saving.
US municipal bond funds see net outflow of US$690 million last week – Lipper
US municipal bond funds have reported US$690 million of net outflows in the week ended 2 October, up from US$159 million of outflows in the previous week, according to data released by Lipper, a unit of Thomson Reuters.
SEC makes two promotions to senior positions in division of economic and risk analysis
The Securities and Exchange Commission (SEC) of US has made two promotions at senior positions in its Division of Economic and Risk Analysis (DERA).
Equiniti Group acquires Killik & Cos Employee Services
Financial and business services outsourcing provider Equiniti Group has acquired Killik Employee Services, a provider of discretionary employee and executive share plan administration.
Bursa Malaysia to launch cash-settled gold futures contract
Malaysias first precious metal futures contract will begin trading on Bursa Malaysia from 7 October 2013.
Manulife Financial appoints new wealth management head in Asia
Manulife Financial has appointed Donna Cotter as vice president and head of its wealth management in Asia.
Lloyds inches closer to Scottish Widows Investment Partnership sale deal
Lloyds has moved closer to a deal to sell Scottish Widows Investment Partnership (SWIP) as part of ongoing efforts to streamline its business and boost its finances.
Charity donations by Swiss rise in 2012 amid economic uncertainty
The Swiss donated a total of CHF1.64 billion (US$1.82 billion) to various charities in 2012, an increase of CHF28 million from the year ago, according to the data released by Swiss charities certification office ZEWO.
UBS weighs options for Australian wealth management unit
Swiss bank UBS is considering options, including a full or partial spin-off for its underperforming Australian wealth management division.
Economy is the greatest concern for affluent household finances: Spectrem study
For almost one-fourth of Affluent investors, the most serious threat to achieving their household’s financial goals is ‘The Economy’, according to a survey conducted by Spectrem Group.