All articles by Verdict Staff

Verdict Staff

JP Morgan appoints new Asia prime services head

JP Morgan has hired David Leahy as managing director and head of Asia-Pacific prime services sales business, which is led by Neil Hounslow.

Fidelity launches FAST US fund post research team expansion

Fidelity Worldwide Investment (FWI) plans to launch a Fast US fund to expand its range of FAST funds and build up the US portfolio for manager Adrian Brass.

Bank Sarasin reorganises executive committee to implement merger with Bank J. Safra

As part of the upcoming merger of Bank Sarasin and Bank J. Safra, the Bank Sarasin board of directors has appointed Edmond Michaan, an experienced private banking executive, as chief executive officer and Eric G. Sarasin, the head of the private banking division, as deputy chief executive officer.

Court dismisses SFC’s appeal against fund manager’s acquittal

The Court of First Instance has dismissed an appeal by the Securities and Futures Commission (SFC) against the decision to acquit Liang Jiang, a fund manager, on charges of false trading during the global financial crisis in 2008.

Blackstone to pull out client money from SAC Capital

SAC Capital Advisors, the US$15 billion hedge fund founded by billionaire Steven Cohen, is losing the financial support of its biggest outside investor Blackstone Group, according to a report by Reuters.

CIC appoints new head for its supervisory board

China Investment Corporation (CIC) has appointed Li Xiaopeng as head of its supervisory board, replacing Jin Liqun.

Aviva Investors appoints Asia Pacific institutional business development head

Global asset management business Aviva Investors has appointed Lim Beng Eu as the head of business development for Asia Pacific.

Financial Services most important industry for Canadian HNWIs

Financial Services most important industry for Canadian HNWIs

National Bank of Canada eyeing new acquisitions in wealth management

National Bank of Canada is considering new acquisitions in the local wealth management market, the bank’s president and CEO Louis Vachon said in an interview with Ottawa Business Journal.

SCGF launches Shariah-compliant investment funds with ESG filter

Luxembourg-based, asset manager and provider of Shariah compliant investment solutions, SEDCO Capital Global Funds (SCGF), has launched the first Shariah-compliant investment funds, which will be managed depending on environmental, social and governance (ESG) principles.