All articles by Verdict Staff
Verdict Staff
Premiership footballers chase advisers over GBP14 million Ucis losses
Twelve Premier League footballers, who were advised to invest in unregulated collective investment schemes (Ucis), are pursuing their financial advisers for a combined loss of GBP14 million (US$21.3 million), according to claims management firm Rebus Investment Solutions.
Sharp rise in UHNW families drawing up written constitutions to safeguard against risk: Stonehage
The number of ultra-high-net-worth (UHNW) families that now have ‘written constitutions’ to govern decision-making increased sharply, as the financial crisis highlighted the potential for family disputes over risk management strategy, according to research conducted by the Stonehage Group.
Deutsche Bank helps customers create and manage secret offshore companies
Deutsche Bank, reportedly, helped its customers maintain more than 300 secretive offshore companies and trusts through its Singapore branch, according to The International Consortium of Investigative Journalists (ICIJ).
SEI launches new set of tactical ETF
SEI, a provider of investment processing, fund processing, and investment management business outsourcing solutions, has enhanced its investment program by launching a set of tactical exchange traded fund (ETF) strategies and an expanded separately managed account program.
Hong Kong employees prefer job security over high salaries: Randstad Survey
Employees in Hong Kong look for job security over salary packages when choosing an employer, according to a survey by Randstad.
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First-time fund managers struggled to attract investor capital in Q1: Study
According to a report published by Preqin, a UK-based research and consultancy firm focusing on alternative asset classes, 129 private equity funds have raised an aggregate US$67 billion in the first quarter of 2013.
UCITS hedge funds underperform their non-UCITS rivals, shows new study
UCITS hedge funds are typically more volatile and underperform their non-UCITS hedge fund rivals, according to a new comparative study by the EDHEC-Risk Institute.
Cohen Steers Announces Expansion into Commodities Investment Management
Cohen & Steers, Inc. announced the addition of a leading commodities research and investment team to its New York headquarters.
Investors sue RBS over 2008 rights offering
Royal Bank of Scotland Group Plc (RBS) and directors were sued by group of shareholders over the banks 2008 rights offering.
Financial advisers turn to Africa: Alquity Investment Management survey
Independent financial advisers (IFAs) are considering newer frontier markets like Africa to be more attractive than other emerging markets as an investment destination, according to survey findings by Alquity Investment Management (AIM).