All articles by Verdict Staff
Verdict Staff
Staples Rodway, Gottex Fund form new joint venture in New Zealand
Staples Rodway Asset Management and Gottex Fund Management Sarl have formed a new joint venture in New Zealand called Gottex SR Funds (GSRF).
HMRC wins £190 million tax avoidance case against NT Advisors
Britain’s HM Revenue & Customs (HMRC) has won a tax tribunal against Jersey-based NT Advisors (NTA) over a tax avoidance scheme.
Swiss banks’ US tax dispute resolution costly but necessary: Fitch
A solution of the dispute between the US authorities and several Swiss private banks, who have allegedly helped US citizens evade tax, is likely to be costly for the banks involved, however the proposal by the Swiss government to remove uncertainty for the banks in the medium term is preferable to a lengthy dispute with US authorities, according to Fitch Ratings.
Nomura names new co-head of equity index trading in Americas
Japanese investment bank Nomura has appointed Tom Jarck as managing director and co-head of equity index trading for Americas.
Santander sells 50% stake in asset management arm to private equity firms
Spanish lender Santander has agreed to sell 50% stake in its asset management arm to US private equity firms Warburg Pincus and General Atlantic.
Canaccord Genuity appoints head of portfolio management in Guernsey
Canaccord Genuity Wealth Management has promoted Chris Colclough to head of portfolio management for its team in Guernsey.
REYL Group’s AUM surges by 62% in 2012
Swiss wealth and asset manager REYL Group’s assets under management (AUM) increased by 61.8% to CHF 7.3 billion in 2012 as it attracted net new money of CHF2.3 billion.
Brookfield Asset Management appoints senior vice president of private funds group
Brookfield Asset Management has appointed Keith Smith as senior vice president, private funds group.
Morgan Stanley sues brokers for jump to Stifel
Morgan Stanley has appealed to an Idaho court to prohibit three brokers from contacting former colleagues about joining them at a Stifel Nicolaus & Co. office that has been set up in the same city.
UBS goes live globally on FXSpotStream
UBS has deployed FXSpotStream’s price aggregation service from FXSpotStream’s sites in New York, London and Tokyo and commenced client trading through it.