All articles by Verdict Staff

Verdict Staff

Quarterly private equity fundraising slows in Q3 2014, says Preqin

In Q3 2014, 185 private equity funds held a final close and secured an aggregate $73bn, a figure which is expected to increase by 10-20% as more information becomes available, according to Preqin.

Eos teams up with Greenstone Equity Partners in GCC region

US-based investment management firm Eos has teamed up with Greenstone Equity Partners in the Gulf Cooperation Council (GCC) region to meet increasing investor demand for alternative assets.

Unconstrained fixed income becoming increasingly important to global bond investors: Legg Mason

With equities hovering near all time highs and baby boomers fueling demand for income solutions, bond investing -yield, capital preservation and risk management is as important as ever, according to Legg Mason.

MyState Financial renamed as MyState Bank

Wealth management group MyState Limited has rebranded its Tasmanian-based banking subsidiary, MyState Financial, to MyState Bank after receiving approval from the Australian Prudential Regulation Authority (APRA).

Deutsche Asset & Wealth Management launches actively-managed mutual fund

Deutsche Asset & Wealth Management has launched the Deutsche Emerging Markets Frontier Fund for emerging and frontier markets.

Source partners with Ashmore to launch new ETF’s

ETF provider Source has partnered with emerging markets specialist Ashmore to manage two new funds for investors.

Banque Internationale à Luxembourg names new CEO

Luxembourg’s oldest bank, Banque Internationale à Luxembourg (BIL) has named Hugues Delcourt as new chief executive replacing François Pauly.

Natixis Global Asset Management hires new Taiwan head

Natixis Global Asset Management (Natixis GAM) has hired Alex Chang as new managing director and head of its Taiwan business, replacing Michael Chang.

Infrastructure Capital Advisors launches first actively managed MLP ETF

Infrastructure Capital Advisors, a New York City based investment advisor specializing in energy, MLPs, and other key infrastructure sectors, has launched the InfraCap MLP ETF, the first actively-managed ETF offering pure MLP exposure.

Elcot Capital raises stake in Premier Asset Management to 50%

Elcot Capital Management, a UK-based investment manager, has increased its stake in Premier Asset Management to 50.2% from 25.1%.