All articles by Verdict Staff

Verdict Staff

RP Investment rolls out new fixed income mutual fund

Canada-based RP Investment Advisors has introduced a new liquid alternative fixed income mutual fund, which seeks to generate stable, risk-adjusted returns and preserve capital in all interest-rate environments.

CTBC to purchase RBS’s Malaysia unit for $189m

Taiwan’s CTBC Financial Holding has agreed to buy the Malaysian arm of Royal Bank of Scotland Group (RBS) for about $189m.

Northern Trust joins forces with AltX for hedge fund data

Northern Trust has teamed up with San Francisco-based technology provider AltX to offer its global institutional clients access to AltX’s hedge fund database.

Opus Bank concludes PENSCO Trust Company acquisition

Opus Bank has wrapped up the acquisition of PENSCO Services and its wholly-owned subsidiary PENSCO Trust Company (PENSCO) in a cash and stock deal, marking its move into synergistic alternative asset wealth services business.

JBWere, Moelis Australia sign research and distribution deal

Australian private wealth manager JBWere has struck a strategic research and distribution partnership with investment bank Moelis Australia.

GUEST ARTICLE: Playing defensive – Time to hedge against rising uncertainty

Steve Brice, Chief Investment Strategist, Wealth Management, Standard Chartered, comments on hedging against the US equity bull market

Scotiabank to digitise various operations to support growth

Canadian lender Scotiabank has announced plans to implement digital innovation across all its customer touch points to boost operational efficiency.

J.P. Morgan Asset Management buys minority stake in ETF provider Global X

J.P. Morgan Asset Management has acquired a passive, minority stake in New York-based ETF provider Global X Management Company.

Top five European countries collaborate to clamp down on tax evasion

The top five countries of Europe have agreed to automatically exchange data on the ownership of companies, trusts and foundations to clamp down on tax evasion.

BlackRock Q1 net income plummets 20%

American fund manager BlackRock has posted an attributable net income of $657m for the first quarter of 2016, down 20% from $822m in the year-ago quarter.