All articles by Verdict Staff
Verdict Staff
Hedge fund inflows hit two-year high of US$18.5 billion in May: Report
Hedge funds took in a net US$18.5 billion in May, more than a forty-fold increase from April’s US$430 million inflow, according to a new report published by BarclayHedge and TrimTabs Investment Research.
Taiwans Mega International secures QFII status
Taiwans Mega International Investment Trust has received QFII status from the China Securities Regulatory Commission (CSRC), according to United Daily News.
Bennelong Group to foray into Australian wealth management market
Australia-based Bennelong Group, owner of Bennelong Funds Management, has revealed plans to launch a new wealth management and advisory strategy arm, with the acquisition of a controlling stake in a Melbourne-based wealth management and advisory firm, Carnbrea & Co.
FINRA set to expand disclosures on securitized-debt trading- report
The US Financial Industry Regulatory Authority (FINRA) is moving to moving to disclose trade information on additional types of securitized debt, according to a report published by Bloomberg.
US extends FATCA compliance deadline by six months
The US Department of the Treasury and the Internal Revenue Service have delayed the Foreign Account Tax Compliance Act (FATCA) compliance deadline by six months, until July 1, 2014, to allow more time to complete agreements with foreign jurisdictions.
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Preqin appoints non-executive director
Preqin, the alternative asset industrys source of data and intelligence, has appointed George Siguler as a Non-Executive Director.
Thesis Asset Management appoints business development manager
Thesis Asset Management has hired Ian Hunter as a business development manager after seeing strong growth in the previous year, according to FTAdviser.
LaSalle Investment appoints new MD for Continental Europe
Chicago based LaSalle Investment Management has appointed Andy Watson as managing director for Continental Europe.
Morton Fraser strengthened its wealth managers team
Law firm Morton Fraser has further expanded its wealth managers team with the appointment of Murray Alexander.
France clarifies regulations pertaining to wealth tax cap
The Finance Ministry of the government of France has clarified the regulations related to the wealth tax cap (ISF) and life insurance contracts.