All articles by Verdict Staff
Verdict Staff
Investor demand for real assets will surge by 2020: BNY Mellon
Appetite for investments in real assets among retail and institutional investors will surge by 2020, according to research by BNY Mellon prepared in association with Preqin.
Grant Thornton teams up with Bloomberg BNA on fixed asset services
Accounting firm Grant Thornton has partnered with Bloomberg BNA to launch a new outsourced tax offering for managing fixed assets.
Lightyear Capital, PSP Investments wraps up Advisor Group acquisition
US-based private equity firm Lightyear Capital, Canadian pension investment manager PSP Investments, as well as other co-investors have completed the purchase of Advisor Group from American International Group (AIG).
Lombard Risk names new CTO
Lombard Risk Management, a provider of integrated collateral management and regulatory reporting solutions for the financial services sector, has named Mike Payne as the new chief technology officer (CTO) of Lombard Risk.
Intesa SanPaolo income plunges 24% in Q1
Italian banking group Intesa SanPaolo has reported a net income of EUR806m for the first quarter of 2016, down 24.2% compared to EUR1.06bn in the year-ago quarter.
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MUFG Investor Services concludes Capital Analytics acquisition
MUFG Investor Services, the global asset servicing unit of Japan’s Mitsubishi UFJ Financial Group, has wrapped up the acquisition of Capital Analytics, the private equity administration arm of Neuberger Berman Group.
HSBC Alternative Investments recruits new global head of hedge funds
Hedge fund investor HSBC Alternative Investments (HAIL) has named William Benjamin as its new global head of hedge funds.
Macquarie Group annual profit jumps 29%
Australia’s Macquarie Group has reported an attributable net profit after tax of $A2.06bn for the fiscal year 2016, a rise of 29% compared to a year ago.
Barclays sells 12% stake in Barclays Africa for $874m
Barclays has raised ZAR13.05bn ($874m) by offloading its 12.2% stake in its African subsidiary Barclays Africa to institutional investors.
Reliance Capital launches its first Ucits vehicle for UK market
Reliance Capital Asset Management (RCAM) has collaborated with British specialist funds distributor Cohesion Investments to launch its first Ucits vehicle for the UK market, dubbed India Equities Portfolio Fund (IEPF).