All articles by Verdict Staff

Verdict Staff

Lombard Odier rolls out new multi-asset fund

Lombard Odier Investment Management (LOIM) has rolled out a new long/short multi-asset fund aimed at improving risk-adjusted returns with a low correlation to other asset classes.

smartTrade launches end-to-end solution to automate fixed income flows

smartTrade Technologies has launched a new end-to-end trading solution designed for Fixed Income and OTC derivatives businesses.

Frequent users of mobile financial apps feel it gives them a competitive investing edge: Fidelity study

For investors looking to gain an edge over the competition, respondents to Fidelity’s Mobile Money Study say the answer may be within arm’s reach.

Principal Global Investors applies for RQFII license in Hong Kong

Principal Global Investors (PGI), a US-based asset manager, has filed for a renminbi qualified foreign institutional investor (RQFII) license in Hong Kong to boost its distribution platform and investment capabilities in Asia.

Psigma names new investment director

Psigma Investment Management has named Toby Jameson-Till as new investment director as part of its strategic growth plan.

Vestmark opens new office in Boston

Vestmark, a provider of advisory solutions and wealth management technology, has opened a new office near South Station in downtown Boston.

Deutsche Bank names new finance chief

Deutsche Bank has appointed Marcus Schenck, a Goldman Sachs Group partner, to replace Stefan Krause, its finance chief.

UK equity income sector strongest seller for fourth consecutive month: IMA

The Investment Management Association (IMA) has published its monthly statistics for authorised investment funds for September 2014.

Lloyds swings to profit in Q3

British banking giant Lloyds Banking Group has reported third-quarter statutory profit before tax of £751m, versus a year-ago loss of £440m.

RHBAM partners with Convoy Asset Management for new fund launch

RHB Asset Management (RHBAM), a wholly-owned subsidiary of RHB Investment Bank in Malaysia, has partnered with Convoy Asset Management to launch a fund in Hong Kong that focuses on small to mid cap equities in the ASEAN region.