All articles by Verdict Staff

Verdict Staff

Charitable causes do not sway most wealthy investors: Spectrem study

Wealthy investors have myriad reasons for choosing their investment products, but charity does not play much influence, a Spectrem study shows.

OpenGate Capital hires European portfolio management executive

OpenGate Capital, a global private buyout firm, has hired Marc Veillas as senior vice president responsible for the management and oversight of the firm’s European portfolio of businesses.

Barings hires new head of Hong Kong China equities

UK-based Baring Asset Management has appointed Laura Luo as new head of its Hong Kong China equities, effective 12 September.

Bank J. Safra Sarasin strengthens asset management team

Switzerland-based Bank J. Safra Sarasin has made management appointments in its asset management team.

European equity dark trading volume now exceeds 10% as MiFID II Trialogue meeting looms: TABB

European politicians may want greater transparency but by pushing all equity market order flow onto traditional primary “lit” exchanges, they may well risk harming the pension funds and retail investors they want to protect due to poor trade execution.

Switzerland pays further CHF525 million to UK, Austria as part of tax agreements

Switzerland’s Federal Tax Administration (FTA) has transferred a further CHF525 million (US$563 million) to Britain and Austria as part of a withholding tax agreement to settle untaxed assets held in Swiss banks.

Abu Dhabi Islamic Bank hires Ethica for Islamic finance training

Abu Dhabi Islamic Bank (ADIB) has hired Ethica Institute of Islamic Finance to deliver its online Islamic finance training certificate (CIFE) to its senior leaders and their deputies.

Ashmore launches Turkish equity fund

Ashmore Investment Management, a UK-based emerging markets fund manager, has launched SICAV Turkish Equity Fund.

FE Analytics links up with Wealthtime to integrate portfolio data

FE Analytics, the online investment funds database and analysis tool, has partnered with Wealthtime, which specialises in self-invested personal pensions (SIPPs) and private client investment administration to integrate portfolio data.

APRA approves Aon Master Trust’s MySuper product

The Australian Prudential Regulation Authority (APRA) has approved Aon Master Trust’s MySuper product, which is scheduled to launch on 1 January 2014.