All articles by Verdict Staff
Verdict Staff
Hermes Investment Management names new strategic compliance director
UK-based Hermes Investment Management (Hermes) has recruited Gill Clarke as its new strategic compliance director.
Institutional investors looking to increase allocations to alternative strategies: BNY Mellon
Institutional investors are seeking to boost allocations to alternative strategies to achieve better returns amidst low interest rates, according to a new report produced by BNY Mellon in association with FT.
Lyxor, Intesa Sanpaolo sign fund distribution deal
Lyxor Asset Management has inked a distribution deal with Intesa Sanpaolo Private Banking, the wealth management unit of the Italian banking group Intesa Sanpaolo.
Sadis & Goldberg appoints new head of family office group
New York-based law firm Sadis & Goldberg has named Yehuda Braunstein, partner in the financial services and corporate groups, as its new head of the family office group.
Intertrust to acquire rival Elian for £435m
Dutch trust operator Intertrust has agreed to acquire Jersey-based Elian Group from private equity firm Electra Partners for £435m ($631.7m).
BMO Global Asset Management launches new money market fund
BMO Global Asset Management has launched an institutional prime money market fund for institutional and retail investors.
Centaur Ventures inks credit deal with UAE-based family office
Centaur Ventures, the mining and natural resources investment division of investment firm Centaur Holdings, has struck a $100m deal revolving credit facility with a private family office based in the UAE.
Zall to buy Harvest Capital’s three financial services businesses
Chinese investment holding company Zall Development Group has agreed to acquire Shanghai-based Harvest Capital’s financial leasing, asset management and financial services businesses for HKD216m.
Close Brothers acquires financial planner Eos Wealth Management
Close Brothers Asset Management (CBAM) has purchased chartered financial planning firm Eos Wealth Management for an undisclosed amount.
Investec unveils new global equity income fund
Investec Asset Management has expanded its UK product range by launching Investec Global Quality Equity Income fund.