All articles by Verdict Staff

Verdict Staff

Hedge Fund compensation climbs as competition for personnel intensifies: HFR & Glocap

Hedge fund compensation increased in 2014 as total capital invested in the hedge fund industry again reached new records, according to the 2015 Glocap Hedge Fund compensation report, released by Glocap Search and HFR.

RBS may further scale down its international operations

Royal Bank of Scotland (RBS) is planning to exit from central and eastern Europe and the Middle East as it reviews strategic options for its corporate lending division in these regions.

SocGen’s private banking arm sees 3.5% decline in Q3 income

Societe Generale’s (SocGen) private banking business has reported net banking income of EUR219m for the third quarter of 2014, a decline of 3.5% compared to EUR227m a year ago.

Labuan, Taiwan regulators sign deal for mutual cooperation in field of financial supervision

The Labuan Financial Services Authority (Labuan FSA) has signed a memorandum of understanding (MoU) with Financial Supervisory Commission (FSC) of Taiwan for supervisory cooperation and mutual assistance in the fields of banking, insurance, securities and futures.

Barclays announces changes to its benchmark fixed income indices

Barclays has announced changes to its widely used benchmark fixed income indices after concluding its annual index review and governance process in October.

BMO Global Asset Management expands ETF range in Hong Kong

Canada-based BMO Global Asset Management has launched three new exchange traded funds (ETFs) in Hong Kong.

Envestnet | Tamarac launches new iPad app for advisors

Envestnet | Tamarac, a division of Envestnet, has announced the launch of its Advisor View app for iPad users, which will be available in the first quarter of 2015.

Lonsec Research acquires iRate from van Eyk group

Lonsec Research has purchased iRate’s technology and client base from the administrators of the van Eyk group of companies, which is presently in liquidation.

Funded status of US corporate pensions falls to 89.5%: BNY Mellon ISSG

The funded status of the typical US corporate pension plan fell 0.4 percentage points to 89.5% in October as liabilities increased faster than assets, according to the BNY Mellon Investment Strategy and Solutions Group.

NewSmith to launch new European long/short UCITS fund

NewSmith, a specialist asset management firm, has unveiled plans to launch a new UCITS version of its European long/short fund later this month to UK and European investors.