All articles by Verdict Staff
Verdict Staff
SEC Charges Rengan Rajaratnam With Insider Trading
The Securities and Exchange Commission today charged Rajarengan Rengan Rajaratnam for his role in the massive insider trading scheme spearheaded by his older brother Raj Rajaratnam and hedge fund advisory firm Galleon Management.
Old Mutual hires another Schroders UK equity manager
Old Mutual Global Investors (OMGI) has raided the Schroders’ UK equity team once again by hiring Ed Meier, co-manager on the Schroder UK Equity fund.
UK asset management industry to be hit by EU bonus cap: PWC
The UK asset management industry will be hit harder than any of its European rivals if the EU pushes on with its fund manager bonus cap, reports PricewaterhouseCoopers (PWC).
Private Client Resources partners Hedge Fund Research
Private Client Resources (PCR) gets into strategic partnership with Hedge Fund Research with the aim to deliver greater transparency into the research of hedge funds by having a detailed view of the underlying holdings.
Standard & Poor’s Ratings Services: Cyprus Long-Term Rating Lowered To ‘CCC’ On Rising Risks To Financial And Economic Stability – Outlook Negative
We believe that in the absence of a credible alternative source of capital and fiscal financing, the risk of a disorderly credit event is rising.
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Deutsche Bank Asset & Wealth Management appoints new Asia-Pacific COO
Deutsche Bank Asset & Wealth Management (AWM) has appointed Venkatesh Narasiah as chief operating officer (COO) for its Asia-Pacific unit.
Initiation of Research Coverage Bright Horizons Family Solutions Inc
William Blair & Company initiated research coverage of Bright Horizons Family Solutions Inc. (BFAM $33.67), the leading provider of employer-sponsored early education, with an Outperform rating and Aggressive Growth company profile.
European Parliament: Bonus Caps For Fund Managers And Safeguards For Retail Investors
Investment fund managers’ bonuses must be capped, their salaries must be linked to their funds’ performance said Economic and Monetary Affairs Committee MEPs in a draft law voted on Thursday. Individual investors’ money must also be better protected, they added.
Schroders may buy Cazenove Capital
British fund manager Schroders is said to be in talks to buy Cazenove Capital, reports Reuters.
JLT Wealth Management launches retirement services
JLT Wealth Management has launched a range of services, titled Road to Retirement, to enable employers to provide their workforce with pre and at-retirement advice.