All articles by Verdict Staff

Verdict Staff

Schroders appoints global head of product and defined contribution

Schroders has appointed Mercer Investment Consulting’s senior partner Divyesh Hindocha as its global head of product and defined contribution, effective 1 November, 2013.

KBL European Private Bankers appoints group CIO

KBL European Private Bankers has appointed Stefan Van Geyt to the newly-created role of group chief investment officer (CIO).

Generational transfer in farm ownership is creating ‘equity gap’ opportunities for family offices: Aquila Capital

The need to finance generational changes in the ownership of farms is creating an ‘equity gap’ that offers unprecedented investment opportunities for institutional investors and family offices to fill, according to European alternative asset manager Aquila Capital.

Azimut, Legan sign JV deal to target Brazilian asset management market

Italian asset manager Azimut has signed a joint venture agreement with Legan Administraçao de Recursos, a Brazilian asset management company, to start a partnership in the Brazilian asset management market.

SEC halts Florida-based prime bank investment scheme

The US Securities and Exchange Commission (SEC) has announced charges and an emergency asset freeze against a Miami-based attorney and other perpetrators of a prime bank investment scheme that promised exorbitant returns from a purported international trading program.

FE rebalances its FE Select Portfolios

FE has announced the bi-annual rebalancing of its suite of FE Select Portfolios, risk-rated model portfolios designed for IFAs.

JPMorgan Asset Management to unveil fund for US senior secured loans

JPMorgan Asset Management is set to roll out a new closed-ended fund in London that will be mainly investing in US senior secured loans.

Northern Trust opens new office in Saudi Arabia

Northern Trust, a US based wealth management firm, has expanded its global presence with the opening of a new office in Riyadh, capital city of the Kingdom of Saudi Arabia.

Value Partners appointed investment manager of US-registered investment company

Value Partners Hong Kong, a wholly-owned subsidiary of the Value Partners Group. has been approved as the investment manager of a US-registered closed-end investment company.

Strate and Euroclear to tackle fund processing inefficiencies

Strate, South Africa’s licensed central securities depository and Euroclear, provider of cross-border settlement and services for bond, equity, derivatives and fund transactions, have signed a letter of intent to explore a new way to automate the processing of mutual fund transactions in South Africa.