All articles by Verdict Staff

Verdict Staff

Nordea launches exchange-traded funds in Finland and Sweden

Nordea has listed the first actively-managed ETFs on NASDAQ OMX Stockholm and NASDAQ OMX Helsinki.

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.

Nasdaq OMX introduces trading in actively-managed funds

Nasdaq OMX has introduced trading in actively-managed exchange traded funds (ETFs) in Sweden and Finland.

Mirae Asset Global Investments suspends plans to acquire NISP Asset Management

South Korea-based Mirae Asset Global Investments has suspended plans to acquire a 70% stake in Indonesia’s NISP Asset Management, which has US$440 million of assets under management, according to Funds Europe.

Schroders launches Avoca Credit strategy on GAIA platform

Schroders has launched another externally-managed fund on its Global Alternative Investor Access (GAIA) platform, Schroder GAIA Avoca Credit.

Atlanta Capital Group merges with PFM Capital Holdings

Atlanta Capital Group and PFM Capital Holdings have merged to form a wealth management firm with more than US$1 billion under advisement, in an effort to meet the growing needs of high net worth individuals and families.

SEC freezes assets in Ponzi scheme targeting investors in Japan

The US Securities and Exchange Commission (SEC) has announced an emergency action to freeze the assets of a Las Vegas-based firm and its sole owner charged with perpetrating a Ponzi scheme against thousands of investors living primarily in Japan.

HSBC GAM launches Far East Ex Japan ETF in Europe

HSBC Global Asset Management (HSBC GAM) has launched HSBC MSCI AC Far East Ex Japan UCITS ETF, a fully replicated physical ETF has a total expense ratio of 0.6%.

BNY Mellon launches second generation collateral management solution

BNY Mellon has launched the Collateral Universe, the company’s suite of second generation collateral management capabilities and solutions, designed to help buy-side clients manage the impact of regulatory change on their investment processes.

Switzerland and China sign new double taxation agreement

Switzerland and China have signed a new double taxation agreement (DTA) in the area of taxes on income and assets in Beijing.