All articles by Verdict Staff

Verdict Staff

Morgan Stanley launches Frontier Emerging Markets fund

Morgan Stanley Investment Management has launched a Sicav version of Tim Drinkall’s Morgan Stanley Frontier Emerging Markets fund (FEM), reports Fund Web.

The Dow Jones Credit Suisse Hedge Fund Index Finished Up 1.21% in March

The Dow Jones Credit Suisse Hedge Fund Index (the “Broad Index”) finished up 1.21% for the month of March. Performance for the Broad Index and its 10 sub-strategies is calculated monthly

PHB signs interim income distribution with Maybank for Amanah Hartanah Bumiputera

Pelaburan Hartanah Berhad (PHB) has signed a interim income distribution of 3.25 sen with Maybank Asset Management Sdn Bhd for Amanah Hartanah Bumiputera (AHB), for the six-month period ended 31 March 2013.

RBC poaches branch manager from UBS

RBC Wealth Management has poached Robert Magel Jr as branch director from UBS.

AXA Wealth appoints head of Elevate platform

AXA Wealth, part of the global AXA Group, has appointed Mark Links as the head of its Elevate platform.

BOC Hong Kong (Holdings) Announces Appointment of Deputy Chief Executive

The Board of Directors (the”Board”) of BOC Hong Kong (Holdings) Limited (“the Company”, Stock Code “2388”; ADR OTC Symbol: “BHKLY”) today announced the appointment of Mdm. Zhu Yanlai as the Deputy Chief Executive (Strategic Planning and Management) of the Group (including the Company and its subsidiaries) with effect from 15 April 2013.

Fidelity hires BNY Mellon Wealth Management head

Fidelity has hired David Lamere from BNY Mellon as president of the newly-formed Fidelity Private Wealth Management, reports Financial Planning.

BofA hires global head of capital introductions from UBS

Bank of America Corp. (BofA) has hired Robert Sachs from UBS AG (UBSN) as global head of Capital Introductions.

Looming Global Growth Slowdown More Pause Than Peak

The peak in global growth momentum is near but a sharp decline is unlikely, according to a recent report by Credit Suisse Fixed Income strategists.

Goldman Sachs leads US$25 million financing for Motif

California-based web startup that allows investors to buy baskets of stocks based on themes, Motif, raised US$25 million in a financing round led by the Goldman Sachs Group Inc.