All articles by Verdict Staff
Verdict Staff
Octopus Investments launches online portal for Venture Capital Trust
Octopus Investments, a London-based fund manager, has launched a new online service portal for investors and advisors to monitor their venture capital trust (VCT) investments, according to Interactive Investor.
Event driven only hedge fund strategy in the black for August: Preqin
Preqin’s Hedge Fund Analyst database reveals that event driven was the only hedge fund strategy to produce positive returns in August (+0.49%), with all other single-manager hedge fund strategies falling back into the negative, with a benchmark return for all single-manager hedge funds of -0.08% in August.
Swiss firm Hansa Aktiengesellschaft acquires SVGIM
Hansa Aktiengesellschaft (Hansa), a Swiss-based international investor, has acquired fund manager SVG Investment Managers (SVGIM) from its parent company, SVG Capital following regulatory approval.
Neuberger Berman unveils absolute return bond fund
Neuberger Berman has launched an absolute return bond fund, which aims to generate an annual return of 4% over cash over a medium to long term investment horizon.
Lazard Capital denies shutdown rumours
American broker dealer Lazard Capital Markets has confirmed that it continues to evaluate strategic alternatives that could yield a sale, management buyout or capital partnership, but denied any possibility of shutting down the business.
New US swap platforms to support pricing transparency says Fitch
New derivatives trading platforms receiving temporary US regulatory approval for launch are likely to improve pricing transparency for traders of interest rate swaps and other credit derivatives, according to Fitch Ratings.
Investors join forces to fight Capita over £10 million Arch Cru fund claim
A group of up to 1,000 investors who lost money in the funds range Arch Cru have joined forces to file a case against Capita Financial Managers for its failures in supervising the Arch Cru funds.
Most investors see benefit in working with advisors: Spectrem study
A Spectrem Group study reports that 72% of investors believe working with a financial advisor improved their knowledge of investing.
SecondMarket launches first US Bitcoin fund
SecondMarket, a New York-based investment platform that specializes in alternative ventures, has launched Bitcoin Investment Trust (BIT), a private investment vehicle that lets wealthy and professional investors bet on the virtual currency.
MSRB adopts policy for integrating economic analysis into rulemaking process
The Municipal Securities Rulemaking Board (MSRB) has adopted a policy for the formal use of economic analysis in MSRB rulemaking to ensure regulations that support a fair and efficient municipal market appropriately balance the benefits of protections for investors and municipal issuers with the burdens placed on regulated entities.