All articles by Verdict Staff
Verdict Staff
Head of multi-asset funds leaves Aviva
Aviva Investors multi-asset head, Justin Onuekwusi, has left the firm to pursue other opportunities.
Banca Generali reports net inflows of EUR246 million in May
Italy’s Banca Generali’s net inflows stood at EUR246 million in May, bringing the year-to-date (YTD) total to over EUR1 billion. This represents an increase of 20% compared with the inflows recorded in the first five months of 2012.
NBAD appoints group CIO
The National Bank of Abu Dhabi (NBAD) has appointed Claude-Henri Chavanon as the group chief investment officer and head of the investment group of NBAD.
Islamic trade finance to become preferred choice in emerging markets: Ernst & Young
Islamic trade finance could become the preferred choice for emerging rapid growth markets (RGMs) such as Turkey, Indonesia Malaysia, Qatar, Saudi Arabia and the UAE, according to Ernst & Young’s Global Islamic Banking Center.
FolioMetrix rebrands its risk intelligent fund family
FolioMetrix has renamed its FMX retail mutual fund family the RiskX funds.
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Merrill Lynch and Wells Fargo Advisors fined by FINRA, ordered to repay investors millions
Merrill Lynch and Wells Fargo Advisors have been ordered by the Financial Industry Regulatory Authority (FINRA) to repay a total of US$3.1 million and were collectively fined US$2.2 million for selling mutual funds of floating-rate bank loans during the credit crisis.
BlackRock invests in digital wealth management firm
BlackRock has invested in US-headquartered digital wealth management firm, Personal Capital, that has closed its US$25 million Series C financing.
Raiffeisen Capital Management launches GBP share classes for EM equity funds
Austria-based fund manager, Raiffeisen Capital Management has launched share classes for three of its emerging markets equity funds so as to expand its presence in the international market.
Equities largest asset class for HNWIs in Germany
Equities largest asset class for HNWIs in Germany
JP Morgan appoints France M&A head
JP Morgan has promoted a Paris-based mergers and acquisitions banker, Xavier Bindel, to head its French M&A business, succeeding Séverin Brizay.