All articles by Verdict Staff

Verdict Staff

Hedge funds post August declines as political tensions rise: HFR

Hedge funds declined in August while US equity markets posted the largest decline of 2013 as investors reduced risk in reaction to weakness in Emerging Market equities and currencies, expectations for the end of tapering by the US Federal Reserve, and uncertainty regarding US and international involvement in Syria, according to Hedge Fund Research (HFR).

Momentum GIM launches Africa fixed income fund for investors

Momentum Global Investment Management (Momentum GIM) has launched a multi-manager investment fund, the Africa Fixed Income Fund, for institutional investors looking to benefit from opportunities arising from the economic and demographic fundamentals in Africa.

IRESS receives FCA approval to acquire Avelo Financial Services

Independent Australian technology provider IRESS has received regulatory approval from the FCA for its acquisition of Avelo, the UK’s provider of technology solutions to the financial services industry.

Hedge funds pose no systemic risk to Australian financial system: ASIC

Australian hedge funds do not currently pose a systemic risk to the Australian financial system, says a new ASIC report.

Clearbrook Global Advisors names new managing director

Clearbrook Global Advisors, US based Investment management firm, has appointed Leslie Billet as managing director, responsible for providing consulting services to the firm’s institutional clients, according to FINalternatives.

Law firms MJ Hudson, VerrasLaw merge to provide onshore offshore one-stop shop

MJ Hudson, the alternative asset law firm, and Jersey’s VerrasLaw have agreed to merge. The merged firm will be known as MJ Hudson.

Mergermarket launches enhanced ECM service

Mergermarket Group, a UK-based company which provides the advisory, corporate and financial communities with intelligence, analysis and data, has launched its enhanced Equity Capital Markets (ECM) service.

RBS names new hub head for Germany, Austria and Switzerland region

Royal Bank of Scotland (RBS) has appointed Joachim von Schorlemer as hub head for the Germany, Austria and Switzerland region, and as country head for Germany and Austria, effective 15 September 2013.

Counting the Cost of Poor Client Experience

Suitability, compliance and business growth are top of mind concerns for wealth management executives and private bankers, and those who track behavioural client research are increasingly concerned about client experience. More than ever before the quality, frequency, efficiency and relevance of all client interactions and communications are significantly impacting winning and retaining clients.

Swiss parliament clears US FATCA deal

The Swiss House of Representatives have voted in favour of a law requiring Swiss banks to report the holdings of their US clients to US tax authorities under FATCA in a move to smooth ties with Washington.