All articles by Verdict Staff

Verdict Staff

Reyker charges 12,000 ex-Merchant Capital investors

Investors in Merchant Capital structured products are likely to be asked to pay additional fees to the former custodian of the plans, Reyker Securities, following the collapse of the former’s parent company, Merchant House Group, into administration.

European ETP assets to exceed $900 billion by 2017, says iShares

The European exchange-traded product (ETP) sector will exceed $900 billion in size by the end of 2017, as the use of ETPs spreads further across the continent and into new investor segments, according to analysis by Mark Wiedman, the global head of iShares, the ETF platform of BlackRock.

New Partner Promotions And Counsel Announcements For Appleby

Appleby has announced the promotion of three lawyers to the partnership, and the appointment of five lawyers to the position of Counsel.

Stephenson development underway with support of RBS CIB funding

The Royal Bank of Scotland has been appointed leading financial partner for the first phase of the £200m Stephenson Quarter, next to the Central Station.

Asia is set to grow at 5.7% in 2013, IMF

The International Monetary Fund (IMF) has set out a warning regarding strong capital inflows into Asia leading the three-speed global recovery with at least 5.75% overall growth in the region.

ACG Group completes acquisition of Groupama Private Equity

French fund of funds manager ACG Group has completed the acquisition of mutual insurer Groupama’s private equity unit, changing its name to ACG Capital as a result of the transaction.

Amundi appoints Laurent Guillet, Chief Executive Officer of its London Branch

Continuing its international development, Amundi strengthens its subsidiary in the United Kingdom with the appointment of Laurent Guillet as Chief Executive Officer, Amundi London Branch.

Triodos Bank expands product range with launch of SRI funds

The UK Branch of Triodos Bank is expanding its range of investment options with the launch of two Socially Responsible Investment (SRI) Funds

ING to transfer custody services business in seven European countries to Citi

Dutch lender ING Group N.V. has agreed to transfer its local custody services business in seven countries in Central and Eastern Europe to Citi.

HSBC to give onshore bonds in-house access only

Following a decision taken by HSBC to limit life investment products to in-house access only, advisers will no longer be able to access HSBC onshore bonds 10 May 2013 onwards, though pipeline applications will continue to be underwritten.