All articles by Verdict Staff
Verdict Staff
Leone Asset Management agrees to buy Guinea Investment Bank
US-based Leone Asset Management has signed an MOU to acquire the equity and managerial control of The Guinea Investment Bank (GIB).
Alter Domus establishes fund administration entity in France
Alter Domus, a Luxembourg-based provider of fund and corporate services, has set up a dedicated fund administration entity in France.
RevenueShares launches first revenue-weighted dividend ETF
RevenueShares has expanded its family of exchange-traded funds (ETFs) with the launch of the RevenueShares Ultra Dividend Fund (RDIV), which provides exposure to the 60 highest yielding dividend stocks in the S&P 900.
Investors don’t consider ethics when investing: Ecclesiastical survey
A majority of investors (60%) would consider themselves to be ethically minded when it comes to their shopping and consumer choices but just a third (35%) think they are ethical investors, according to a survey of 2,000 investors conducted by Ecclesiastical Investment Management.
PE-backed buyout deal flow up 19% to US$217 billion in 2013 year-to-date: Preqin
Aggregate value of private equity-backed buyout deals so far in 2013 stands at US$217 billion, an increase compared to US$182 billion for Q1 to Q3 2012, according to a Preqin study.
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SunGard Global Network to connect with DelphX to create centralized fixed income market
To help promote global fixed income liquidity, DelphX, a provider of neutral alternative trading systems (ATS) for informed and transparent trading of fixed income securities, has selected SunGard to provide Financial Information eXchange (FIX) connectivity through its SunGard Global Network (SGN) to create CentralX, a neutral, centrally-cleared global facility.
European asset management industryís total AuM tops €16 trillion: Fitch
The total assets under management (AUM) in the European asset management industry reached almost EUR16 trillion in June 2013 and the industry is expected to continue growing in 2014, supported by improving investor confidence and a more solid macro-economic background, according to the report published by Fitch Ratings.
Bloomberg expands FX offering with specialty news product
Bloomberg has unveiled First Word Foreign Exchange (FX) to provide customers actionable news, information and insights into the events affecting the global currency markets.
HSBC to hire thousands additional employees to bolster compliance
British banking giant HSBC is planning to hire thousands of additional compliance officers in an effort to fight a series of legal issues.
UBS appoints new investment strategy head in Australia
UBS Global Asset Management has appointed Tracey McNaughton, a former Colonial First State investment specialist, as head of its investment strategy in Australia.