All articles by Verdict Staff
Verdict Staff
Cambridge Associates Global ex U.S. Developed and Emerging Markets Private Equity and Venture Capital Benchmark Commentary Quarter Ending September 30, 2012
During the third quarter, in U.S. dollar terms, the Cambridge Associates (C|A) LLC Global ex U.S. Developed Markets Private Equity and Venture Capital Index1,2 rose 3.1%, a big improvement from the previous quarter when the indexs return was negative; the C|A Emerging Markets Index was up 2.6%, also recovering from a down second quarter.
Baring Multi Asset adds Japanese stocks after selling gold
Andrew Cole, lead manager at Baring Multi Asset fund, has introduced Japanese equities to the £335m ($506m) fund, for the first time since launch, after its exposure to gold and other safe havens has been reduced.
BlackRock to cut jobs
American asset manager BlackRock has announced 300 jobs-cuts, or the reduction of approximately 3% of its workforce, as a means of “retrenching its poor performers”.
Quarterly Outlook Q2 2013: Staying the course
The recent re-acceleration of global industrial production and the housing market that launched a substantial recovery of risky assets could see a second-quarter correction as positive economic data pause and central bankers become less-uniform in their reflationary policies.
Towry hires wealth adviser in Manchester unit
UK-based financial advice and investment management firm Towry has hired Jamie Hull, a wealth adviser, in its Manchester office, to provide advice to dental professionals.
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ABLV Bank, AS issued subordinated bonds amounting to USD 20 million
Continuing gradual replacement of long-term deposits with bonds, we performed another bond issue under ABLV Bank, AS Second Bond Offer Programme. This time, we issued discount bonds for raising subordinated capital to the amount of USD 20 million.
KPMG captures two International Accounting Bulletin awards
KPMG International is a double recipient of 2013 International Accounting Bulletin (IAB) Awards, which were presented in London on March 14th.
Dalton Strategic Partnership establishes subsidiary company in Tokyo
UK-based asset management firm, Dalton Strategic Partnership (DSP) has established a new subsidiary company in Tokyo, Dalton Capital (Japan) Limited (DCJ), in which its Japanese equity managers will reside.
Bank of China chairman resigns
Xiao Gang has resigned from the position of chairman and non-executive director of the Bank of China Ltd., effective immediately.
Franklin Templeton Investments launches Shariah-compliant funds
Franklin Templeton Investments has launched a trio of Shariah compliant funds for its Luxembourg-domiciled Shariah Funds range.