All articles by Verdict Staff

Verdict Staff

Blackstone’s GSO co-founder to step down as senior MD; plans to launch family office

Blackstone’s Doug Ostrover will step down from the role of the firm’s senior managing director and will become senior advisor to the firm, and plans to set up a family office to invest capital and work alongside management teams.

Pension clients want advisers to protect them from themselves: Intelliflo

Financial advisers are regarded as having a key role to play in stopping people making costly errors when it comes to decisions about their pensions, according to a new survey by Intelliflo.

Vanguard rolls out first Hong Kong-listed S&P 500 ETF

Vanguard, a mutual fund firm, has introduced an S&P 500 Index Exchange traded fund listed on the Hong Kong stock exchange.

Fortress Investment forms alliance with Mount Kellett Capital Management

Fortress Investment Group has formed an alliance with Mount Kellett Capital Management under which a Fortress affiliate will become co-manager with Mount Kellett of the Mount Kellett investment funds and related accounts.

Malaysia, Slovak ink protocol agreement for taxation

The governments of Malaysia and Slovak have signed a protocol agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income.

Shaw to hire 30 wealth advisors across Australia

Shaw Stockbroking is reportedly planning to hire up to 30 private-wealth advisors across Australia to expand its business in the region.

Old Mutual Global Investors names new senior sales manager for Hong Kong

Old Mutual Global Investors (OMGI) has appointed Allen Chiu as a senior sales manager for its Hong Kong team.

UBS to spin off Australian wealth management business

UBS is spinning off its Australian wealth management arm through a management buyout, following a review of the business.

Takaud rolls out wealth management services

Takaud, a Bahrain-based specialist savings, investment and pensions provider for the MENA region, has introduced new wealth management services.

RMB Asset Management names new senior vice president

RMB Asset Management has promoted Benjamin Armstrong, its portfolio manager in charge of the fixed income investment strategies, as its new senior vice president.