All articles by Verdict Staff
Verdict Staff
Carlyle Group names new head of international real estate
The Carlyle Group, an alternative asset manager, has named Adam Metz managing director and head of international real estate.
Forum Partners and La Française enter into strategic partnership
Forum Partners Investment Management has entered into a strategic partnership with La Française, an affiliate of Crédit Mutuel Nord Europe (CMNE), to encompass a substantial capital commitment to its global suite of real estate investment strategies and collaboration on a series of new European investment products, including a joint venture to develop European direct real estate products.
FCA acknowledges formal probe into alleged rigging of interest rate derivatives
The UK’s Financial Conduct Authority (FCA) has confirmed a formal international probe into the alleged rigging of the multi-trillion dollar trade in interest rate derivatives.
BofAs co-head of fixed income to step down
Bank of America’s co-head of global fixed-income, currencies and commodities trading Gerhard Seebacher is stepping down from his role after a spell of 18 years at the firm.
Societe Generale seeks sale of Asia private bank: report
French banking major Societe Generale is seeking the sale of its Asia private banking arm in a move to exit a market where small managers are getting hit by rising costs and competition, according to Reuters.
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deVere appoints new international investment strategist
British financial consultancy firm deVere Group has appointed Tom Elliott as its new international investment strategist.
Evanston Capital Management appoints senior investment strategist
Evanston Capital Management, a US-based institutional hedge fund of funds manager, has appointed Peter Hecht as vice president and senior investment strategist, effective 3 September 2013.
CSRC grants ten QFII and RQFII licenses in August
The China Securities Regulatory Commission (CSRC) has granted RMB qualified foreign institutional investor (RQFII) licenses to five foreign financial institutions in August, taking the total number of RQFII participants to 33.
Societe Generale adds cash bond prices to Thomson Reuters bond trading platform
Thomson Reuters said that Societe Generale is the latest financial institution to list cash bond prices on its electronic bond trading platform, Thomson Reuters Fixed Income Trading.
Money market funds reform could increase municipalities borrowing costs-Fidelity
Fidelity Investments, a Boston-based provider of US money market funds, told US Securities and Exchange Commission (SEC) officials that proposed industry reform could increase the borrowing costs of US municipalities by up to US$13 billion, according to Reuters.