All articles by Verdict Staff
Verdict Staff
Barclay CTA Index down 0.77% in May
Managed futures lost 0.77% in May according to the Barclay CTA Index compiled by BarclayHedge.
Dion makes new hire in European sales team
Technology partner to the financial services industry Dion Global Solutions has appointed Achim Kleber to its European sales team.
Nomura to downsize equities team in Australia
Japanese brokerage firm Nomura is set to dismantle a significant part of its Australian equities team as the firm looks to trim costs.
CFTC orders ABN AMRO Clearing Chicago to pay US$1 million to settle charges
The US Commodity Futures Trading Commission (CFTC) has issued an order, filing and settling charges against ABN AMRO Clearing Chicago for failing to segregate or secure sufficient customer funds, not meeting the minimum net capital requirements, and not maintaining accurate books and records or supervising its employees.
Smith & Williamson hires BNY Mellons Newton manager
Smith & Williamson Investment Management has hired former Newton higher income fund manager Tineke Frikkee to manage its UK equity income trust, with effect from July 1 2013.
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Dunedin Enterprise Investment Trust makes GBP3.7 million investment in Trustmarque Solutions
Dunedin Enterprise Investment Trust (Dunedin Enterprise) has, through the Dunedin Buyout Fund III, made a GBP3.7 million investment in Trustmarque Solutions.
State Streets global equities chief to quit following AM unit shake-up
State Street has reported that its global equities chief, Alistair Lowe, will leave the lender by the end of 2013 as part of a shake-up in the asset management division.
FCA ramps up scrutiny of hedge fund industry- report
The UK’s Financial Conduct Authority (FCA) has extended scrutiny of the hedge fund industry and is closely monitoring the activities of US funds with operations in the UK, according to a report published by the Financial Times.
Shareholders vote against breaking up RHJ International
Shareholders of RHJ International, the owner of London-based private bank Kleinwort Benson, have rejected a motion by a consortium of hedge funds to oust management and break up the company.
Technology most important industry for Israeli UHNWIs
Technology most important industry for Israeli UHNWIs