All articles by Verdict Staff

Verdict Staff

Canaccord Genuity expands institutional securities capabilities

Canaccord Genuity has announced a series of important hires as part of the firm’s ongoing global fixed income expansion.

Wells Fargo Worldwide Fund strengthens foothold in Asia

Wells Fargo Asset Management has reported that the Wells Fargo (Lux) Worldwide Fund has made many of its sub-funds available in Singapore via two of the country’s third-party mutual fund distribution platforms: iFAST Financial, including its IFA Central, iFAST Global Prestige and Fundsupermart.com divisions, and PhillipCapital.

Japan’s FSA signs MoC with National Bank of Slovakia

Japan’s Financial Services Agency (FSA) has signed a Memorandum of Cooperation (MoC) with the National Bank of Slovakia (NBS) related to the supervision of funds and fund managers conducting their business on a cross-border basis.

CFTC issues interpretation concerning retail commodity transactions

The US Commodity Futures Trading Commission (CFTC) has announced an Interpretation concerning its authority over retail commodity transactions, as provided by Section 2(c)(2)(D) of the Commodity Exchange Act (CEA).

Colonial First State Global Asset Management launches its first SIV fund

Colonial First State Global Asset Management (CFSGAM) has launched its first investment option in accordance with the Department of Immigration Significant Investor Visa (SIV) requirements in Australia, according to Financial Standard.

China Asset Management lists second RQFII ETF on Hong Kong Exchange

China Asset Management (Hong Kong) (CAMHK) has listed its second RMB A-share ETF on the Hong Kong Exchange.

Thesis Asset Management to launch direct securities model portfolios

Thesis Asset Management is launching a risk-graded series of model portfolios for investors that invest in direct securities with a minimum investment amount of £25,000.

Goldman Sachs plans to raise fiduciary AUM share to 10%

Goldman Sachs Asset Management (GSAM) is planning to increase its fiduciary assets under management’s (AUM) share to 10% of the US and UK total.

Swiss prosecutor opens investigation against former SNB chairman

Swiss prosecutor has opened an investigation into former Swiss National Bank (SNB) chairman Philipp Hildebrand in connection with possible violations of secrecy laws, after receiving an undisclosed complaint.

Ignis reports net inflows of £900 million in H1

Ignis Asset Management has attracted £900 million of net inflows in the first half of 2013, including £344 million of net inflows into the £1 billion Absolute Return Government Bond Fund.