All articles by Verdict Staff

Verdict Staff

GAM expands alternative investments solutions team

GAM has hired three senior quantitative professionals to the GAM Alternative Investments Solutions (AIS) team, enhancing the group’s capability in liquid quantitative solutions.

European private real estate fundraising doubles in 2014: says Preqin

So far in 2014, over €21bn has been raised by Europe-focused private real estate funds, almost twice the €11bn raised throughout the whole of 2013, according to Preqin.

JPMorgan Asset Management unveils new international equity ETF

JPMorgan Asset Management has expanded its strategic beta ETF range by launching new JPMorgan Diversified Return International Equity ETF (JPIN).

Barclays expects fewer ‘very highly paid’ staff post revamp

Barclays will have fewer ‘very highly paid’ workers after revamping investment banking, the bank’s chief executive Antony Jenkins told said in an interview with Bloomberg Television in Hong Kong.

Tilney Bestinvest recruits financial planner for Exeter office

Tilney Bestinvest has appointed David Boyce as a financial planner for its Exeter office, covering Exeter and the South West.

RBC Wealth Management lures $103m advisory team from Merrill Lynch

RBC Wealth Management has lured a team of financial advisors from Merrill Lynch Wealth Management that managed $103m in client assets.

MAS returns S$10bn in deposits to banks accused of benchmark rigging

The Monetary Authority of Singapore (MAS) has returned about S$10bn in temporary fines which it had levied on 19 banks in 2013 as penalty for a global probe into alleged manipulation of financial benchmarks and foreign exchanges.

Maisarah launches debit card for priority banking customers

Maisarah Islamic Banking Services has targeted its priority banking customers with the launch of Visa Signature Debit Card.

Former Moore Capital trader pleads guilty to insider dealing

The Financial Conduct Authority (FCA) said that Julian Rifat, a former senior trader at Moore Capital Management, has pleaded guilty to an indictment reflecting eight instances of insider dealing.

Alliance Capital to launch shariah-based index in Bangladesh

Alliance Capital is set to debut a shariah-based index in Bangladesh in January aimed at institutional investors.