All articles by Verdict Staff

Verdict Staff

Algebris Investments to open new office in Milan, launches new fund

UK-based asset manager Algebris Investments is planning to open a new office in Milan and also launched a new fund investing in nonperforming loans (NPL).

Maybank, Bosera Asset Management partner to market Islamic funds in China

Malaysia’s Maybank Asset Management has entered into an agreement with Hong Kong-based Bosera Asset Management to develop funds investing in Shariah-compliant equities within ASEAN and Greater China.

Crestbridge records impressive funds business growth

Crestbridge has recorded an impressive increase in the value of funds it administers a year after it underwent a rebrand in June 2013.

Sarasin & Partners inks agreement with Indexx Markets

Sarasin & Partners, the London-based asset manager, has entered into an agreement with Indexx Markets, a provider of investable managed indices, to provide clients investments in systematic indices.

Maybank’s asset management unit launches US dollar-denominated sukuk

Malaysia-based Maybank’s asset management unit has come up with its first US dollar-denominated mutual fund that invests in Islamic bonds.

Amundi, EDF partner to form new asset management firm

French investment firm Amundi has partnered with energy group EDF to launch a new asset management company aimed at financing energy transition projects.

PIMCO rolls out new emerging markets fund

PIMCO has rolled out a new Pimco GIS Emerging Markets 2018 Fund that counters both a low-rate environment while managing volatility and interest rate risk.

Organizations still unprepared for inevitable cyber attacks: EY survey

According to EY, most organizations (67%) are facing rising threats in their information security risk environment, but over a third (37%) have no real-time insight on cyber risks necessary to combat these threats.

Nucleus names new CFO

Adviser-owned wrap Nucleus has named Adam & Co finance director Doug Heron as new its new CFO, replacing Aileen Mathieson.

Pre-tax profits up 18% at Barclays’ division that contains wealth business; sets aside £500m for FX fines

Barclays’s Personal and Corporate Banking unit, which also contains wealth business, has reported pre-tax profit of £2.26bn for the nine months period ended 30 September 2014, up 18% compared to £1.91bn a year ago.