All articles by Verdict Staff
Verdict Staff
Charles Stanley tops £17.7 billion in funds under management
British investment manager Charles Stanley’s funds under management and administration rose to £17.7 billion for the year ended 31 March 2013, up 14.9% from £15.4 billion a year earlier.
Odey launches a new developed markets fund for Hanbury
Odey Asset Management has introduced a new Odey allegra developed markets fund in Ireland targeting developed market equities for James Hanbury.
BNP Paribas’ asset management arm focussing on new G7 emerging markets
BNP Paribas Investment Partners (BNPP IP) is focusing on the new G7 emerging markets, which it believes holds the best long-term value for investors.
Standard Chartered Renminbi Globalisation Index rose 3.7% in April
Standard Chartered’s Renminbi Globalisation Index (RGI) reached a record high of 925 in April, up 3.7% from March.
Much to play for, much improvement needed
PBi HK Forum: Key takeaways
Attendees at the 2013 PBI HK Forum on 4 June were told in no uncertain terms that, while the Greater China market offers great potential to private banks and wealth managers, a lot of effort is required.
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Thornburg opens office in London
American asset manager Thornburg Investment Management has opened an office in London to strengthen its international distribution capabilities.
Two Chinese companies approved to create Chinas first gold ETFs
Two Chinese money managers – Huaan Asset Management and Guotai Asset Management – have received approval from the China Securities Regulatory Commission to start their own first gold-backed exchange-traded funds (ETFs).
Sarasin & Partners appoints senior associate partner from Merrill Lynch
Sarasin and Partners has appointed John Soler as senior associate partner, working in the private clients team.
ESMA publishes report on prospectus directive liability regimes in the EU
The European Securities and Markets Authority (ESMA) has published a report on the comparison of liability regimes in member states in relation to the prospectus directive.
RBI fines Axis Bank, HDFC Bank, ICICI Bank for violating KYC rules
The Reserve Bank of India (RBI) has imposed a fine of INR50 million on Axis Bank, INR45 million on HDFC Bank, and INR10 million on ICICI Bank, for violating guidelines related to details of customer identity known as “know your customer” rules.