All articles by Verdict Staff

Verdict Staff

SGX launches long dated orders for securities

Singapore Exchange (SGX) has launched long dated order types, allowing investors to retain buy or sell orders for longer than the usual one day.

Banyan Partners closes its transaction with Silver Bridge Advisors

Banyan Partners, an independent wealth management and investment advisory firm, has closed its previously announced transaction with Silver Bridge Advisors on 4 June, 2013.

Morgan Stanley adds new member to the board

Morgan Stanley has elected Rayford Wilkins Jr to the company’s Board of Directors, effective 1 August 2013.

LexisNexis signs an extended content agreement with Global Fund Media

LexisNexis, a provider of content and technology solutions, has boosted its asset manager and wealth management intelligence offering through an extended content agreement with Global Fund Media (GFM).

Butterfield Private Bank bolsters its asset management team in London

Butterfield Private Bank has hired James McNeill and Nicholas Rilley as investment managers for its London-based asset management team.

Former Mizuho executive plans to launch hedge fund in Hong Kong

Jeffrey Yap, former head of Asian fixed-income trading at a unit of Mizuho Financial Group, is planning to launch his own credit-focused hedge fund in Hong Kong, reports Bloomberg.

Manulife Mutual Funds launches four new mutual funds

Toronto-based Manulife Mutual Funds (MMF) has launched four new mutual funds.

Man Group’s funds under management down by 1.3%

Man Group’s funds under management were US$52 billion for the six months ended 30 June 2013, a 1.3% decrease compared to US$52.7 billion for the same period of previous year.

Franklin Templeton hires portfolio manager for multi-asset range

Franklin Templeton has hired Toby Hayes, former Insight and Armstrong manager, as vice president and portfolio manager to manage a new multi-asset range.

Spicers Portfolio Management acquires The Terrace Financial Group

Spicers Portfolio Management, part of the AMP Group, has acquired Wellington-based The Terrace Financial Group (TFG). The combined business has over $1.4 billion in funds under advice.