All articles by Verdict Staff
Verdict Staff
UK art exports hit post credit crunch peak
The value of British art exports has surged to its highest level since the credit crunch, despite new rules giving deceased artists estates a share of their works resale price, according to Sweet & Maxwell, a legal information provider owned by Thomson Reuters.
VTB Capital appoints new head of international equity structuring
VTB Capital has appointed Alex Caramella as head of international equity structuring. The hiring is an important step in the development of VTB Capital’s strategic equity transactions business.
ALPS expands broker/dealer solution to private funds
ALPS Fund Services, a provider of administration services to the alternative asset management industry, has expanded its Broker/Dealer Solution to service private funds through ALPS Distributors.
Aviva Investors strengthens European high yield team
Aviva Investors has appointed Sunita Kara, former Baring Asset Managements executive, as portfolio manager for European high yield, as the firm expands its capabilities in its global high yield strategies.
Russell-Cooke strengthens private client practice
British law firm Russell-Cooke has strengthened its private client practice with the hire of its 8th partner Rebecca Fisher.
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Citigroup to shut alternative investments unit
Citigroup is seeking to shut down its alternative investments unit, which includes a fund that owns assets like a stake in a UK water supplier and a Spanish toll road, according to a memorandum seen by the Wall Street Journal.
New tool from principal funds helps advisors navigate retirement plan RFPs
According to a recent study, 71% of retirement plan sponsors conducted an advisor search within the past five years. To help advisors develop skill and efficiency in responding to retirement plan requests for proposals (RFPs), Principal Funds created a suite of materials to guide them through the process and help drive successful outcomes.
Van Lanschots AuM rises by 10% in H1
Van Lanschots assets under management (AuM) stood at 41.2 billion (US$54.6 billion) for the six months ended 30 June 2013, an increase of 10% compared to 37.5 billion (US$49.7 billion) for the same period last year.
Competitiveness of financial services in UK maintain upward trend: TheCityUK report
TheCityUK’s latest research shows the competitiveness of financial services in the UK continued to improve in Q2 2013, the first time since the end of June 2011 that there have been back-to-back quarterly increases.
Fidelity previews first investing app for Google Glass
Fidelity Investments has launched a preview of Fidelity Market Monitor for Glass, the first investing Glassware available for Google Glass, a tiny wearable computer that looks like an eyeglass frame.