All articles by Verdict Staff
Verdict Staff
SIX Financial, swissQuant launch portfolio risk management system
SIX Financial Information and swissQuant Group have launched ImpaQt, a portfolio risk management system.
UBP to cut 300 jobs after acquisition of Lloyds’ private banking unit – reports
Union Bancaire Privee (UBP) plans to cut around 300 jobs from the international private banking arm of Lloyds Banking Group, which it recently acquired, sources familiar with the matter told Reuters.
SEC set to lift ban on hedge-fund advertisement
The Securities and Exchange Commission (SEC) of US plans to vote next week to adopt rules that would lift a long-time ban prohibiting hedge funds from advertising for private placements to sophisticated investors.
SAC Capital’s Steven Cohen may escape criminal charges in insider trading case- report
SAC Capital Advisors’ chief Steven Cohen is likely to escape criminal charges in a long-running insider trading probe as prosecutors don’t have enough evidence against him, the Wall Street Journal reported.
Australian businessman launches new fund for wealthy migrants
A new fund has been launched by Perth-based businessman for wealthy investors wishing to migrate to Australia, Financial Standard reported.
Europe approves law to shield investors against reckless risk taking by investment funds
Small investors should be better protected against investment funds that take excessive or unnecessary risks with their money, according to a draft law approved by European Parliament.
Schroders introduces sterling hedged shares classes on European, Japan funds
Schroders has launched sterling hedged share classes for four overseas equity funds in its UK range.
Rabobank launches five new funds managed by BlackRock
Rabobank has launched five new low-cost funds managed by the asset manager, BlackRock.
Senior litigator launches Harneys London litigation practice
Harneys has expanded its global litigation practice with the relocation of senior British Virgin Islands (BVI) litigator Phillip Kite to Harneys’ London office.
Mirabaud Asset Management expands Swiss equity team
Mirabaud Asset Management has expanded its Swiss equity team by appointing Simon Götschmann as an analyst in Zurich.