All articles by Verdict Staff
Verdict Staff
Affin Hwang Asset Management unveils two new investment solutions
Malaysia-based Affin Hwang Asset Management has unveiled two new investment solutions namely the Affin Hwang Select Asia Pacific Balanced Fund (SAPBF) and Affin Hwang Select Asia Pacific Dividend Fund (SAPDF).
Credit Suisse to scale down prime brokerage unit serving hedge funds – report
Swiss banking giant Credit Suisse is reportedly planning to trim down its prime brokerage unit serving hedge funds following pressure from investors to mitigate risk at its investment banking division.
Canadas National Bank wealth unit net income up 29% in Q4
The wealth management arm of Canada’s National Bank has posted a net income excluding specified items of C$80m for the fourth quarter ended 31 October 2014, a 29% increase from C$62m in the same quarter of 2013.
UBS selects Sqreem Technologies for artificial intelligence technology
Swiss banking group UBS has selected Singapore-based technology company Sqreem Technologies’ artificial intelligence technology to enable its advisers deliver personalized advice to the wealthy clients.
Investors shifting strategies are driving hedge funds towards new products, says EY
As asset growth in traditional hedge funds from institutional investors continues to slow, hedge fund managers are considering new products to attract investor assets and drive growth, according to EY’s 2014 global hedge fund and investor survey, Shifting strategies: winning investor assets in a competitive landscape.
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Hargreaves Lansdown CFO to step down
Hargreaves Lansdown chief financial officer Tracey Taylor is set to leave the firm at the end of June next year after a spell of 15 years.
UK banking sector set to double in size by 2050, says BoE
The UK banking system is set to double from its current size to more than 950% of UK GDP by 2050 or about £60 trillion, far outstripping projected increases in other Group of 20 nations, the Bank of England (BoE) said in a recently released research report.
HFRI Macro Index posts best gain in four years, leads all strategies for 2014
Macro hedge funds and, more specifically, CTA strategies employing quantitative, trend-following strategies, posted strong gains in November as oil prices plummeted and the US Dollar extended gains against other currencies, as reported by HFR.
Sterling Capital Management unveils International Equity Fund
Sterling Capital Management, a US-based subsidiary of BB&T Corporation, has unveiled Sterling Capital Behavioral International Equity Fund.
UBS Global Asset Management chairman to join Australian Government
The Governor-General of Australia has named John Fraser, chairman of UBS Global Asset Management, as new secretary of the treasury, effective 15 January next year.