All articles by Verdict Staff
Verdict Staff
EFA Group selects Maples Fund Services as fund administrator
EFA Group, a Singapore-based asset manager that specializes in credit strategies, has selected Maples Fund Services, an independent global fund services provider, as administrator for its new asset-based direct lending vehicle, EFA Real Economy Income Trust (EFA RET).
Ashburton Investments appoints new international CIO
Ashburton Investments, the investment management arm of FirstRand Group, has named Jonathan Schiessl as new CIO within its international investment team.
London, New York top realty hotspots for wealthy Middle Eastern investors
Wealthy Middle Eastern investors rank London alongside New York as their top real estate investment destination location outside the region, according to a survey conducted by real estate consultancy, Cluttons.
AIMA to establish network in Bermuda
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has said that it will establish a new volunteer network in Bermuda.
Terry Smith sues Barclays over driving investment losses
Fundsmith founder and CEO Terry Smith has sued Barclays for £220,000 for alleged investment losses caused by the bank by failing to transfer money into his investment fund.
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Citibank wins RBI Asia Trailblazer award for mass affluent banking
CITIBANK SINGAPORE has won ‘Excellence in Mass Affluent Banking’ at the 7th RBI Asia Trailblazer Awards, held in Singapore.
Bank of America Merrill Lynch hires former Swedish prime minister
Bank of America Merrill Lynch has appointed former Swedish prime minister Fredrik Reinfeldt as its new senior advisor for Europe, Middle East and Africa (EMEA) operations.
Bankers fear losing a quarter of revenue to fintech disruptors: PwC
Bankers are apprehensive that they could lose up to a quarter of their revenue over the next five years due to the rise of new financial technology (fintech) firms, according to a survey by PricewaterhouseCoopers (PwC).
UBS opens branch in Shanghai
Swiss banking giant UBS has opened a branch in Shanghai, China that will focus on wealth preservation and succession planning services.
J.P. Morgan introduces diversified Asian local markets index
J.P. Morgan has launched the J.P. Morgan Asia Diversified (JADE) suite of indices, which will provides investors with a diversified benchmark that tracks local currency government bonds issued by emerging and developed Asian countries (excluding Japan).