All articles by Verdict Staff

Verdict Staff

HSBC Private Bank’s alternative investments group gets new global head

HSBC Private Bank has named Henry Lee as global head of alternative investment group, alongside his current role as global head of discretionary.

Thomson Reuters launches Russian Sanctions Tracking Service

Thomson Reuters, a source of information for businesses and professionals, has launched its Russian Sanctions Tracking Service.

Investec launches global multi-asset strategy for institutional investors

Investec Asset Management has rolled a total return global multi-asset fund to lure institutional investors.

Docupace, Security Snapshot partner to offer cyber-security solutions to financial services firms

Docupace Technologies, a SEC/FINRA-compliant paperless processing systems provider, has teamed up with computer security services firm Security Snapshot to offer comprehensive cyber-security solutions for financial services firms.

Nomura, RBS fined $806m in subprime mortgage case by US court

Japanese banking major Nomura and British banking giant RBS have been asked by a US district court to pay $806m collectively for making false statements in selling mortgage-backed securities to Fannie Mae and Freddie Mac.

Chinese equity surge drives Asian hedge fund assets to record: HFR

Hedge funds investing in China surged to a record monthly gain in April, as trading volume on the Shanghai-Hong Kong Stock Connect program soared and the Chinese Central Bank reduced interest rates, with the HFRI China Index up +13.0% in April.

Tilney Bestinvest posts £17.7m profit in 2014

Tilney Bestinvest, a UK-based investment and financial planning group, has registered profits of £17.7m for the 12-months to 31 December 2014, compared to from £8.8m that Bestinvest registered as a stand-alone company.

Dynasty Financial Partners appoints new chief investment officer

Dynasty Financial Partners has appointed Scott Welch in the role of its new chief investment officer.

Blackrock in talks to hire George Osborne’s economic adviser

American money manager Blackrock is in talks to hire George Osborne’s top economic aide Rupert Harrison.

Diam Asset Management forays into fund distribution in Asia

Japan’s Diam Asset Management has made its push into fund distribution in Asia and has moved a senior executive Shin Yamaguchi to Hong Kong as vice-president of marketing and client services to lead the venture.