All articles by Verdict Staff
Verdict Staff
Canadian securities regulators implement disclosure requirements for investment costs and performance
The Canadian Securities Administrators (CSA) are implementing new requirements to ensure all investors receive essential information about the costs and performance of their investments.
Two redundancies at Tenet
Technology firm for the financial sevices industry, Tenet, has made its finance director Mark Youngman and financial planning head Jackie Ison redundant.
Geniki Private Banking: Financial Results 2012
For the year ended on December 31, 2012, the operating income amounted to 96.5 million, lower by 23.1% compared to 2011. This decrease was primarily due to the lower net interest income (-41%), which was affected by both the increase of the non-performing loans and the decrease of the loans portfolio.
Natixis Global Asset Management launches Aurora Horizons Fund
Natixis Global Asset Management has launched the Aurora Horizons Fund, a multi-strategy mutual fund dynamically allocated across multiple hedge fund managers.
Barwa Banks sukuk trading platform to become full-fledged by end-2013
Barwa Bank Group, Qatar’s Shariah-compliant banking service provider, has said that its sukuk trading platform will become full-fledged by the end of 2013.
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Front Street Raises $28 Million From Closings of Flow-Through LP Offering
Front Street Capital announced that it has completed the second closing of the Front Street Flow-Through 2013-I Limited Partnership offering of National Class units and Quebec Class units, raising an additional $4,242,250.
McGladrey Names David Noonan National Director Private Equity Consulting
McGladrey LLP, the leading U.S. provider of assurance, tax and consulting services focused on the middle market, recently named David Noonan national director private equity consulting.
JCDecaux OneWorld: Stephanie Foulon has been appointed OneWorld Manager, International Client Services – Asia in Shanghai
JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces the appointment of Ste?phanie Foulon as OneWorld Manager, International Client Services – Asia based in Shanghai, effective from 1 April 2013.
Cohen & Steers MLP Income and Energy Opportunity Fund (MIE) Raises $480 Million
Cohen & Steers, Inc. (NYSE: CNS) announced today the initial public offering of Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (the “Fund”). The Fund raised approximately $480,000,000 in proceeds (before deduction of the sales load and offering expenses and exclusive of the underwriters’ option to purchase additional securities) in the initial public offering of 24,000,000 common shares at $20 per share.
TD Economics: Stronger Growth is Waiting in the Wings
The American economy will be resilient to tax hikes and government spending restraint, according to a report released today by TD Economics an affiliate of TD Bank, America’s Most Convenient Bank.