All articles by Verdict Staff
Verdict Staff
Omega Gestion de Inversiones launches new hedge fund in Spain
Omega Gestion de Inversiones, the asset manager of billionaire Alicia Koplowitzs family office, has launched a new hedge fund in Spain that will invest in three to ten hedge funds.
Pensco client study indicates increased allocation to alternatives withing IRAs
A majority of Pensco clients would invest more in non-traded, alternative assets if they had a better understanding of the range of non-traded alternatives available for investment (71%) and had more accessibility to non-traded alternatives opportunities (70%), a Pensco client study indicates.
West Coast US-focused real estate funds see surge in fundraising, says Preqin
Nearly $4.3bn has been raised by private equity real estate funds focusing solely on the West Coast since the start of 2013, compared to $2.6bn throughout 2011 and 2012, according to Preqin.
Standard Chartered to close 100 branches to put greater focus on wealth business
Standard Chartered is planning to shut down up to 100 branches globally in a bid to reduce costs and put a greater focus on wealth business.
Growth challenges for US banks underpinned by liquidity and capital profiles in 2015: Fitch
Stronger liquidity and capital profiles will partially insulate US banks against expected challenges to earnings growth and deterioration from low levels of loan losses in 2015, according to Fitch Ratings.
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Wells Fargo Advisors appoints team from JPMorgan
Wells Fargo Advisors has hired a team comprising of Mike Reed, Zach Gates and Eli Strait from JPMorgan Chase that managed assets worth almost $1bn.
Walker Crips names new investment director for York office
UK-based investment management firm Walker Crips Group has hired Matt Ennion as the investment director for its York office.
Brooks Macdonald inks strategic alliance with IFA Clarkson Wayman Ball
Brooks Macdonald Asset Management has struck a strategic alliance with Leicestershire-based IFA firm Clarkson Wayman Ball.
Hong Kong set to complete forex probe by year-end – report
Hong Kong is reportedly set to wrap up an investigation into banks local foreign-exchange operations by the end of the year.
Emirates NBD Asset Management strengthens partnership with Jupiter
Emirates NBD Asset Management, the asset management arm of Emirates NBD, has announced the expansion of its partnership with Jupiter Asset Management, a UK-based fund group.