All articles by Verdict Staff
Verdict Staff
Oppenheimer Funds hires new head of asset allocation
Oppenheimer Funds has hired Mark Hamilton as CIO, asset allocation, effective April 8 2013 onwards.
BlackRock’s Vecht to rename Eastern European trust
The board of Sam Vechts Eastern European trust is seeking shareholder approval to change its policy, which will give the manager greater off-benchmark flexibility.
Advent Software appoints two new executives for EMEA region
Advent Software, Inc., a provider of software and services for the investment management industry, has appointed Jad Fares as regional sales manager for the Middle East and North Africa (MENA) region and Jesper Steiness as director of business development for EMEA.
Europe’s long-term fund sales at EUR28.8 billion
Europe long-term fund sales totalled EUR28.8 billion (US$441.3 billion) in February, above the EUR20 billion mark for the seventh consecutive month, according to Lipper’s latest monthly snapshot of European fund flow trends
Bermuda lawsuit seeks to invalidate transfer of Taiwan business tycoon’s billions to trusts
Taiwan’s Formosa Plastics Group (FPG) founder Yung-Ching (Y.C.) Wang’s son, Dr Winston Wong, has filed a lawsuit to void the alleged transfer of almost 90% of the business tycoon’s personal fortune to Bermuda-based offshore, non-charitable trusts.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Over 88% of companies in emerging markets pay dividends: BlackRock
BlackRock, Inc., a US-based investment management firm, has said that over 88% of companies in emerging markets pay dividends.
Coutts hires MD for Middle East operations from Deutsche Bank
Coutts has hired Michael Dismorr from Deutsche Bank, as the managing director for its expanding Middle East operations.
Investors underestimate sovereign debt risk in ‘new normal’ economic environment: GLG
Investors continue to underestimate the risks of investing in sovereign debt in the ‘new normal’ economic environment and remain over-exposed to their domestic markets, according to GLG Partners, a hedge-fund unit of Man Group Plc.
Mary Jo White sworn in as Chair of SEC
The Securities and Exchange Commission today announced that Mary Jo White was sworn in this morning as the 31st Chair of the SEC.
Luxembourg plans tax info agreement with EU by 2015
Luxembourg has announced that the country plans to exchange bank account information with EU countries, following international pressure to curb tax evasion.