All articles by Verdict Staff
Verdict Staff
Janus Capital appoints new sales director for EMEA region
Janus Capital International has appointed Alan Glendon, former Premier Asset Management head of UK discretionary sales, as its new sales director for the EMEA region.
Europe’s total AUM reached 15.4 trillion in 2012: EFAMA report
Europe assets under management (AuM) increased to EUR15.4 trillion, or 108% in relation to GDP in 2012, compared EUR13.8 trillion at end 2011, according to a new report published by European Fund and Asset Management Association (EFAMA).
S&P Capital IQ enters into strategic agreement with Tullett Prebon Information
S&P Capital IQ, a provider of multi-asset class research, data and analytics, has entered into a strategic agreement with Tullett Prebon Information (TPI), part of Tullett Prebon, an inter-dealer broker. The deal covers broad use rights across all business units and divisions of S&P Capital IQs parent company, McGraw Hill Financial, including S&P Capital IQ, Standard & Poors Ratings Services, S&P Dow Jones Indices and Platts. The terms provide for expansive use and redistribution of TPI data by MHFI companies.
Chinese regulators extend RQFII programme to Singapore and London
The China Securities Regulatory Commission (CSRC), Peoples Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) will expand the RMB Qualified Financial Institutional Investor (RQFII) pilot programme to Singapore and London.
iShares launches target-maturity corporate-bond ETFs
iShares, the exchange-traded funds (ETFs) business of BlackRock, has expanded its suite of defined maturity corporate bond funds with the roll out of four new iSharesBonds on the NYSE Arca.
HSBC Global Asset Management appoints new MD for Italy
HSBC Global Asset Management (HSBC GAM) has appointed Roberto Citarella as managing director of Italian business.
HSBC Global Asset Management to introduce funds tracking indices
HSBC Global Asset Management (HSBC GAM) is set to introduce a series of funds tracking indices, which are aimed to lower volatility.
Switzerland signs inheritance tax deal with France
Switzerland has signed the controversial inheritance tax deal with France aimed at avoiding double taxation in the area of inheritance tax.
Focus Financial Partners receives strategic equity investment from Centerbridge
Focus Financial Partners, LLC, a partnership of independent wealth management firms, has reached a definitive agreement with Centerbridge Capital Partners for an investment of $216 million.
Citigroups private banking revenue rises by 9% in Q2
Citigroups private banking revenue increased 9% to US$645 million in the second quarter of 2013, compared to US$591 million in the corresponding year ago period.