All articles by Verdict Staff

Verdict Staff

Hansa to acquire SVG Investment Managers

Swiss investment firm Hansa has agreed to acquire SVG Investment Managers Limited (SVGIM) from SVG Capital, subject to approval by the Financial Conduct Authority.

SEC issues risk alert on options trading used to evade short-sale requirements

The US Securities and Exchange Commission (SEC) has issued a risk alert to help market participants detect and prevent options trading that circumvents an SEC short-sale rule.

BlackRock appoints new head for iShares in Europe

BlackRock has appointed Rachel Lord, Citigroup’s global head of corporate equity derivatives, as the head of the European arm of iShares, the exchange-traded funds division of BlackRock.

HSBC sues Safra in US over alleged poaching of private banking clients, employees

HSBC Private Bank International has charged Safra National Bank of New York for allegedly poaching seven bankers liable for US$4 billion in private banking assets and attempting to steal clients, according to Law360.

Chinese fund manager to create products using FTSE/JSE index

The Johannesburg Stock Exchange (JSE) has signed a letter of intent for an index product licence with Chinese fund manager GF Fund Management to create exchange traded funds (ETFs) based on the FTSE/JSE Top40 Index.

TD Wealth names new regional wealth leader for Northern New England

TD Wealth Private Client Group has promoted Michael Iacobucci to senior vice president and regional wealth leader for Northern New England.

Wealthy families make investment decisions by committee post financial crisis: SEI

The 2008 financial crisis has changed the way affluent families view their investments and make important decisions, and the change is greatest among those with the greatest wealth, according to a poll released today by SEI.

State Street, JP Morgan to foray into UK target date funds market

State Street Global Advisors (SSgA) and JP Morgan Asset Management (JPMAM) have confirmed their plan to enter the UK target date fund (TDF) market.

Air Partner appoints new director of private jet division

Air Partner, a provider of private aviation services, has appointed Paul Richardson as director of its private jet division.

SEC cautions exchanges, investment professionals to monitor composition of indices

The Securities and Exchange Commission has issued a report cautioning exchanges and investment professionals to monitor the composition of indices used in offering financial instruments to determine if they are security futures products and ensure they are complying with the federal securities laws.