All articles by Verdict Staff
Verdict Staff
Mackenzie Investments doubles its true US dollar funds
Mackenzie Investments has doubled its suite of true U.S. dollar (USD) funds, launching four new mandates.
Misys launches outside in banking approach for Islamic banks
Misys, a financial software company, has launched Misys FusionBanking Essence Islamic a major new component in its banking platform, Misys FusionBanking Essence.
WisdomTree rolls out currency-hedged Europe and Japan ETFs
WisdomTree has launched two of its currency hedged ETFs to Europe, which offer access to Japanese as well as European equities.
REYL & Cie names new investments and portfolio management head
Swiss wealth and asset manager REYL & Cie has recruited Cédric Özazman as its new head of investments and portfolio management.
Ex-Morgan Stanley adviser launches wealth management firm for HNW women
A former Morgan Stanley adviser has opened a new wealth management business, exclusively targeting high-net-worth (HNW) women.
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Luxembourgs Degroof Asset Management starts operations in Hong Kong
Degroof Asset Management (HK), a subsidiary of Banque Degroof Luxembourg, has secured approval from the Securities and Futures Commission (SFC) to offer asset management services for investment funds in Hong Kong.
Investors selectively lowering risk after bond sell-off: BofA Merrill Lynch
Global investors have less appetite for higher risk exposures, particularly in the U.S., according to the BofA Merrill Lynch Fund Manager Survey for May.
Asset managers side with company management on controversial votes: ShareAction
Asset Managers side too often with company management on controversial votes at company AGMs, even when there is a clear case for challenging company management on a vote, said ShareAction, which has compared the voting records of the 33 UK asset managers.
Deutsche Bank weighs UK exit plans
German banking major Deutsche Bank is considering plans to exit UK and move its business to Germany if a referendum ends the UK’s membership of the European Union.
UBS to pay $545m to US for manipulating currency rates
Swiss banking major UBS has agreed to pay US regulators a total of $545m in fines for rigging foreign exchange and Libor benchmarks.