All articles by Verdict Staff
Verdict Staff
PIMCO expands global equities team
Investment manager PIMCO has expanded its global equities team with two new hires including Giles Money and Lucrecia Tam.
HS Group to invest in Zentific Investment Management
HS Group is set to invest in a hedge fund, Zentific Investment Management, to be founded by Christopher Lee and Burke Lau.
BlackRock restrcutures iShares management team
US asset manager BlackRock has hired Geir Espeskog as new Asia Pacific head of distribution for its iShares unit, effective 1 January 2015.
Media mogul Richard Desmond wins £10m settlement from GLG and Credit Suisse
Media tycoon Richard Desmond has won more than £10m in a joint settlement with the Swiss bank Credit Suisse and hedge fund group GLG over losses on an ‘incomprehensible’ investment.
Vanare buys online wealth management platform NestEgg
Vanare, a next-generation wealth management technology platform for investment advisors, has acquired NestEgg Wealth, a private-label online wealth management platform.
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Amundi expands emerging market debt team
French asset management firm Amundi has expanded its emerging market debt team by hiring Esther Law and Abbas Ameli-Renani to its London office.
Islamic banking assets could reach $13bn by 2018: Thomson Reuters
Islamic banking assets could reach OMR5bn ($13bn) by 2018, a 7% share of estimated total assets, according to a study by Thomson Reuters.
Thomson Reuters taps PriceMetrix to improve proposal generation service for wealth managers
Thomson Reuters has selected Canada-based PriceMetrix to enhance proposal generation service for wealth managers.
California investment manager sentenced to prison for $33m fraud scheme
A California investment manager was sentenced to serve 225 months in prison for orchestrating a $33m Ponzi scheme resulting in $15.2m in losses to investors.
Investors are bullish on outlook for US and global equities: TradeStation
The US investors are bullish on the outlook for US and global equities and their expectations for global and domestic equities at the highest levels recorded this year, reveals a new study by TradeStation.