All articles by Verdict Staff

Verdict Staff

Parker Asset Management re-launches in Australia as Altair Asset Management

Parker Asset Management has re-launched in Australia under a new name, Altair Asset Management, Financial standard reported.

Polar Capital makes two new appointments to boost healthcare team

Canada-based venture capital and private equity investment firm Polar Capital has appointed Deane Donnigan and David Pinniger for its healthcare team, as the company eyes a massive expansion strategy for its healthcare investment products in the near term.

Liquidity crunch could constrain banks as WMPs mature: Fitch

Persistent tight liquidity conditions in China’s financial sector could constrain the ability of some banks to meet upcoming obligations on maturing wealth-management products (WMPs) on a timely basis, Fitch Ratings says.

Cantor Fitzgerald to venture into wealth management business

US-based Cantor Fitzgerald plans to diversify from its core business of electronically trading bonds with other brokers, and venture into the wealth management arena.

Britain, China establish three-year currency swap line

Britain and China have signed an agreement to establish a reciprocal three ?year, sterling/renminbi (RMB) currency swap line.

Credit Suisse set to disclose bank staff names to US

Credit Suisse is set to disclose the names of more of its staff to the US prosecutors, who aided wealthy American citizens to evade taxes by moving their assets abroad, revealed Swiss Handelszeitung newspaper.

Domestic infrastructure fund managers increase in prominence in South America: Study

South America-based fund managers active in the region raised 67% of capital garnered by South America-focused funds in 2010-2013, an increase of 28 percentage points compared to the proportion of aggregate capital that was accounted for by domestic fund managers in 2006-2009, according to Preqin’s latest edition of Infrastructure Spotlight.

BNY Mellon launches mobile app to facilitate creation of ETF shares

BNY Mellon has launched a mobile application that enables shares of exchange-traded funds
(ETFs) to be created and redeemed on an iPad.

Sarasin & Partners appoints head of ESG research

Sarasin & Partners has appointed Natasha Landell-Mills as head of environmental, social and governance (ESG) research, replacing Adam Frost who left the firm in April 2013.

ICAP invests in Enso Financial Management

Markets operator and provider of post trade risk mitigation and information services, ICAP, has made a strategic investment in Enso Financial Management – an early-stage firm providing hedge funds and asset managers with portfolio reporting and data analytics services.