All articles by Verdict Staff

Verdict Staff

Over 3,300 institutional investors in 50 countries reported holding ETFs/ETPs in 2012: ETFGI

A new research report from ETFGI, the London based independent ETF and ETP research and consulting firm, finds that 3,367 institutional investors in 50 countries reported holding Exchange Traded Funds (ETFs) and/or Exchange Traded Products (ETPs) in 2012.

50 new MSCI Hong Kong MPF indices now available

MSCI, a provider of investment decision support tools, has launched the MSCI Hong Kong Mandatory Provident Fund (MPF) Indices, which reflect the current investment restrictions imposed on MPF funds by the Hong Kong Mandatory Provident Fund Schemes Authority (MPFA) 1, including the minimum 30% Hong Kong Dollar (HKD) exposure requirement.

Policy uncertainty dims consumer confidence: Thomson Reuters/University Of Michigan study

Confidence fell in September as consumers were more likely to anticipate a slower pace of economic growth, fewer job opportunities, and less favorable personal financial prospects, according to Thomson Reuters/University Of Michigan study.

Julius Baer to fight US$100 million lawsuit in Singapore

Two former clients have filed a lawsuit against of Swiss private bank Julius Baer in Singapore over an alleged breach of fiduciary duties and misrepresentation by the bank.

Hargreaves Lansdown shareholders plans series of investment in advice firms – report

Adam Norris, one of Hargreaves Lansdown’s biggest shareholders, has amassed a £100 million war chest and is planning to buy stakes in advice firms and specialist providers, according to a Money Marketing report.

Morgan Stanley partners with Longchamp AM and La Francaise AM

Morgan Stanley has partnered with Longchamp Asset Management, a France-based asset manager, and La Française AM, an asset manager in alternative investments, to provide investors with access to new alternative UCITS Sub-Funds.

UK, Hong-Kong agree to further develop offshore RMB market

Hong-Kong and UK agree further action to support development of London-Hong Kong offshore renminbi (RMB) market.

Wells Fargo Advisors names Mary Mack as it new head

Wells Fargo Advisors (WFA) has named Mary Mack as its new head replacing Danny Ludeman will retire from the firm after 34 years of service.

WVIMB invests extra US$30 million with hedge funds

West Virginia Investment Management Board (WVIMB ) has invested an extra US$30 million total with four existing hedge fund managers, according to Pensions & Investments.

Taiwan’s FSC introduces new regulation to encourage fund mergers

Taiwan’s Financial Supervisory Commission (FSC) is poised to revise the ‘Regulation Governing Securities Investment Trust Fund’ regulation to encourage mergers between small-sized funds, according to Economic Daily News.