All articles by Verdict Staff

Verdict Staff

Aston Asset Management rolls out new International Small Cap Fund

Aston Asset Management has rolled out a new ASTON/TAMRO International Small Cap Fund that aims to generate capital appreciation in developed markets outside the US as well as in established companies in emerging markets.

AIFMD legislation is imposing considerable difficulties on hedge fund managers: Aksia

AIFMD legislation is imposing considerable difficulties on managers of all sizes, with smaller managers particularly impacted and the majority of managers becoming entirely reliant on reverse solicitation, according to Aksia 2015 hedge fund manager survey.

Bank of America to move compliance group to risk oversight team-report

Bank of America has moved its compliance group from its legal unit to its risk oversight team amid increasing pressure from its US regulator, reported Reuters.

First Names Group names new client services director for Guernsey

First Names Group, an Isle of Man-based trust, fund and corporate services provider, has hired Alasdair McLaren as new client services director for Guernsey.

Credit Suisse’s UK arm plans to move some European operations to Dublin-report

The UK arm of Credit Suisse has reportedly informed hedge fund and asset management clients that it is considering relocating some its European operations to Dublin from London.

Vanguard to launch new tax-exempt index fund and ETF

Vanguard has filed with the U.S. Securities and Exchange Commission (SEC) to launch a new national municipal bond index fund with an exchange-traded fund (ETF) share class in the second quarter of 2015.

ING Investment Management appoints new CEO for Japan unit

ING Investment Management has named Hiroshi Kimura as the CEO of its Japan business.

Funded status of US corporate pensions falls to 87.3%: BNY Mellon ISSG

The funded status of the typical US corporate pension plan fell 2.6 percentage points to 87.3% in December as assets fell and liabilities increased, according to the BNY Mellon Investment Strategy and Solutions Group (ISSG).

Duff & Phelps completes acquisition of Kinetic Partners

Duff & Phelps Corporation, a valuation and corporate finance advisor, has completed the acquisition of professional services firm Kinetic Partners.

Mariner Wealth acquires majority stake in Vantage Investment Advisors

Mariner Wealth Advisors has purchased a majority stake in Pennsylvania-based registered investment advisory firm Vantage Investment Advisors.