All articles by Verdict Staff
Verdict Staff
Impax Asset Management’s AuM rises by 22% in H1
Impax Asset Management Group plc, an AIM listed investment manager, said its assets under management (AuM) increased 22% to £2.2 billion at 31 March 2013 from £1.8 billion at end of September 2012, reflecting net inflows of £100 million and rising equity markets.
Scotiabanks Dynamic Funds appoints chief strategist
A unit of Bank of Nova Scotia (Scotiabank), Dynamic Funds, has hired Myles Zyblock for the role of chief investment strategist.
Polar Capital to launch financials investment trust to fund managers
Polar Capital, the British specialist investment management company, plans to launch Global Financials Investment trust for managers John Yakas and Nick Brind.
Horizon Cash Management hires CIO
Horizon Cash Management, the leading investment advisor specialising in active cash management for the alternative investment industry, has announced the appointment of Michael Markowitz as Chief Investment Officer.
Market Strategies International acquires Cogent Research
Market Strategies International, a Michigan-based market research consultancy, has acquired Cogent Research, a Massachusetts-based market research firm with deep expertise in wealth management.
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SIX Financial Information launches new Income Distribution Service
Switzerland-based financial data vendor, SIX Financial Information, has launched a new Income Distribution Service with the aim to provide timely dividend information.
Novia aiming for 2,500 clean share classes by June-end
UK-based online wrap provider Novia aims to enable access to over 2,500 ‘clean’ share classes by the end of June 2013, over 2,000 ‘clean’ share classes having already been loaded on to the platform.
Al-Dhabi Investment deploys Misys Sophis VALUE for portfolio and risk management
Misys, financial services software solutions provider, and Al-Dhabi Investment (ADI), the UAE private investment firm, have unveiled plans to extend their coverage into new asset classes and financial instruments, with the implementation of Misys Sophis VALUE.
Global demand for retail alternative investment products to touch US$1 trillion by 2017: Citi
Global demand for retail focused, liquid alternative investment products is expected to triple and touch US$1 trillion mark by 2017, according to a Citi Prime Finance study.
Deutsche Bank names new country head for France
Deutsche Bank AG has appointed Bruno Hallak as chief country officer for France, succeeding Marc Pandraud, Bloomberg reported.