All articles by Verdict Staff
Verdict Staff
London & Capital opens new private investment office division
UK-based independent wealth management firm, London & Capital, has opened a new private investment office division.
Foreign equities most important asset class for HNWIs in Russia
Foreign equities most important asset class for HNWIs in Russia
Scotiabank eyes emerging markets to expand wealth management business
Bank of Nova Scotia (Scotiabank) is planning to expand its wealth management business in emerging economies, according to globeandmail.com.
Technology in focus on International Trader Platform: Barclays Stockbrokers
Since the start of 2013, seven of the top ten traded stocks by clients on its International Trader platform have had a technology focus, according to Barclays Stockbrokers.
Gold drops further in longest losing streak in four years
In its longest losing streak since March 2009, gold fell for a sixth session as holdings in exchange-traded funds fell to their lowest in four years.
Pinebridge Investments Middle East appoints CIO
Asset manager PineBridge Investments has appointed Wael Aburida as chief investment officer (CIO) of its Middle East, North Africa and Turkey team.
Atlantic Coast Financial Corporation Sends Letter to Stockholders Stressing Importance of Stockholders Voting for the Proposed Merger Transaction with Bond Street Holdings
Atlantic Coast Financial Corporation (the “Company” or “Atlantic Coast Financial,” NASDAQ symbol: ACFC), the holding company for Atlantic Coast Bank (the “Bank”), today announced in a letter to stockholders that stockholder approval of the proposed merger of Atlantic Coast Financial with Bond Street Holdings is critical to assuring attractive value for a stockholder’s investment in the Company. Under the proposed merger, Atlantic Coast Financial stockholders will receive $5.00 per share in cash for each common share owned.
Taiwan to revise capital gains tax
The government of Taiwan plans to revise the capital gains tax on securities investments to make it simpler and generate greater levels of tax revenues.
Charles Griffin launches verification service for hedge fund managers
New York-based business intelligence firm, Charles Griffin, has launched its Accredited Investor Verification Service, in response to the “ambiguity” surrounding how hedge funds must ensure their investors are accredited.
Alliance Trust to close European, US funds
Following a strategic review of the business, Scotland-based traded investment and financial services company, Alliance Trust, plans to close its GBP60 million (US$91.37 million) European Equity and GBP77 million North American Equity funds at the end of June 2013.