All articles by Verdict Staff
Verdict Staff
iShares to close 15 equity and commodity ETFs
iShares, the exchange-traded fund (ETF) business of BlackRock, is to close 15 equity and commodity ETFs citing low investor demand for the funds.
Younger investors prefer mutual funds over exchange traded funds: Spectrem report
Younger investors greatly prefer mutual funds to exchange traded funds, according to a report by Spectrem Group.
Dragon Capital targets wealth managers with Vietnam fund
Investment firm Dragon Capital has launched Vietnam Equity UCITS Fund to invest in Vietnamese companies listed on the Ho Chi Minh Stock Exchange.
Bank of America commence adding financial advisors from Merrill Lynch in New York
Bank of America has commenced adding Merrill Lynch’s financial advisors to its Albany, New York area branches.
Swiss Senate approves FATCA legislation
The Swiss Senate has approved the legislation known as the Foreign Account Tax Compliance Act (FATCA) on 23 September, allowing Swiss banks to provide information about United States clients to the US tax authorities, according to swissinfo.
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Societe Generale Private Banking appoints global market manager for Africa
Societe Generale Private Banking has appointed Vincent Combes as global market manager for Africa, replacing Jean-Paul Rame.
Pavilion Advisory launches enhanced investment manager database tool
Pavilion Advisory Group, a full service investment consulting and advisory firm, has unveiled MGR-IQ, its newly enhanced proprietary investment manager database.
Ameria Asset management merges with Cascade Investment
Ameria Asset Management, a member of Ameria Group of Companies, has merged with US-based Cascade Investments, according to ARKA News Agency.
Napier Park opens office at Dubai International Financial Centre
Napier Park Global Capital, a US-based alternative asset management firm, has expanded its business operations into the UAE with the opening of a new office at the Dubai International Financial Centre (DIFC).
Old Mutual bolsters Asian distribution team with new hires
Old Mutual Wealth has bolstered its presence in Asia with three senior hires in its offshore bond business Skandia International, and its asset management arm, Old Mutual Global Investors.