All articles by Verdict Staff

Verdict Staff

Delin Capital names new asset management head

Delin Capital Asset Management (DCAM) has named Stuart Davies as its new head of asset management, PropertyEU has reported.

MSCI launches two MSCI Market Neutral Barra Factor Indices licensed to JP Morgan

MSCI, a provider of investment decision support tools worldwide, has launched two new MSCI Market Neutral Barra Factor Indices targeting two fundamental Barra style factors: Momentum and Volatility.

Bank of China launches cross-border RMB index

The Bank of China (BoC) has launched the BoC Cross-border Renminbi Index, based on the bank’s insights into the currency transfer process, reflecting RMB’s level of activities in cross-border and overseas transactions.

Japan opens door to foreign hedge fund firms

Japanese financial market regulator Financial Services Agency (FSA) has relaxed rules to allow foreign investment management open shops in the country.

UK’s financial services board names new board members

UK’s Financial Services, Trade and Investment Board (FSTIB) has appointed five new members to its board to promote the country’s financial services industry.

SGX and Bank of China partner to grow Chinese financial markets

Singapore Exchange (SGX) and Bank of China (BOC) have signed a memorandum of understanding (MOU) to cooperate in growing China’s financial markets.

Barclays Capital shuts down funds management business in Australia

Barclays Capital has closed down its funds management business in Australia and returned the money invested in its funds to the unit-holders, making three staff, including former Sealcorp and challenger executive Caroline Saunders, redundant, according to Money Management.

Swiss bank Reyl receives hearing request from French judges in Cahuzac case

Swiss private bank Reyl Group has received a request for a hearing by French judges involved in investigations over former French budget minister Jerome Cahuzac for suspected tax fraud.

Azimut Holding launches Ucits hybrid bonds fund in Europe

Azimut Holding, an asset management firm based in Italy, has launched UCITS IV-compliant hybrid bonds fund in Europe, its first product investing entirely in hybrid bonds.

Standard Chartered makes senior hires in legal and regulatory divisions

UK based Standard Chartered has appointed David Fein and Jean Moorhouse to further enhance its legal, compliance and regulatory programmes at the bank.