All articles by Verdict Staff

Verdict Staff

Satuit launches two US domestic focussed equity mutual fund strategies

Satuit Funds Management has launched two US domestic focused equity mutual fund strategies: Satuit Capital US Small Cap Fund (SATSX) and Satuit Capital US SMID Cap Fund (SATDX).

London continues to lure wealthy overseas buyers: Study

Wealthy foreign buyers continue to view London as an extremely attractive investment destination in spite of the recent surge in tax liabilities for high value property owners, according to a new report published by property agent Aylesford International.

Commodities investors focus on fundamental strategies: Credit Suisse survey

Investors are focusing on fundamental strategies to generate benchmark beating returns as the correlation between commodities and other asset classes breaks down, according to a new survey conducted by Credit Suisse.

Stifel Nicolaus hires Morgan Stanley advisor in New York

Brokerage firm Stifel Nicolaus has expanded its private client group in New York by hiring a former Morgan Stanley advisor.

US Investors still sour on global equities- Monex survey

TradeStation Securities, a wholly owned subsidiary of Monex Group, has announced the results of the ‘Monex Global Retail Investor Survey, Vol. 9,’ revealing that US investors are growing ever more bullish about the prospects for domestic stocks and the US dollar in the third quarter of 2013.

Hargreaves Lansdown adds Buxton’s Old Mutual UK Alpha fund to Wealth 150 list

Hargreaves Lansdown has added Richard Buxton’s Old Mutual UK Alpha fund to the Wealth 150 list of its favourite funds across the major sectors and has been made widely available to retail investors.

JP Morgan expands private banking team in France

JP Morgan has appointed Karine Thierry-Wilkinson as a senior banker for its private banking team in France.

PGI names new head of funds distribution for Middle East

Principal Global Investors (PGI), a US-based diversified asset management firm, has appointed Gaurav Kumar as the new head of funds distribution for the Middle East.

US equity markets post solid gains in H1: Prudential

Prudential market experts say they expect the US economy to continue its recovery and still fragile global markets to begin to stabilize over the rest of the year and into 2014. However, US fiscal policy remains a drag on the economy and Federal Reserve policy could create some volatility depending on when the fed decides to begin easing interest rates higher, through the so-called “tapering” many have been expecting.

Barclays Capital set to close its Radar funds

Barclays Capital is set to close both the onshore and offshore versions of the Barclays Capital Radar fund on the grounds of its underperformance.