All articles by Verdict Staff
Verdict Staff
Goldman Sachs Asset Management launches GS long short fund
Goldman Sachs Asset Management has launched the Goldman Sachs Long Short Fund, which pursues high conviction investment ideas in global equity markets through a fundamental, bottom-up approach to investing while seeking to hedge market risk and limit volatility.
Manulife Asset Management names new chief economist
Manulife Asset Management has named Megan Greene as managing director and chief economist.
BNY Mellon to exit derivatives sales and trading business
BNY Mellon is reportedly planning to wind down its derivatives sales and trading business in a bid to streamline operations and remain competitive in a new regulatory landscape.
UBS makes 1.1bn bail payment in French tax-evasion case
Swiss banking major UBS has paid 1.1bn ($1.4bn) security deposit for allegedly helping wealthy French clients evade taxes even as it continues to challenge the accusations.
Gotham Tech Labs appoints new advisors
Gotham Tech Labs, makers of web-and-mobile applications that connect financial advisors with consumers, has appointed Steve Lockshin and Michael Kitces as advisors to the company.
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iCapital Network redefines private equity fund access for qualified investors
iCapital Network has announced the launch of its online marketplace connecting qualified investors with private equity fund managers.
Jupiter inks partnership deal with International Financial Services
Jupiter Asset Management has entered into a partnership with International Financial Services to access its flagship Merlin portfolios.
Principal Global Investors raises stake in Columbus Circle Investors to 95%
Principal Global Investors, a global asset manager and subsidiary of Principal Financial Group, has agreed to boost its stake in Stamford-basd equity management firm Columbus Circle Investors to 95% from 70%.
Aequitas Capital unveils new network of product and service providers for RIAs
US-based alternative asset manager Aequitas Capital has introduced a new network of select product and service providers for registered investment advisers (RIAs).
Commerzbank to slash 60-70 fixed income jobs-report
German lender Commerzbank is reportedly slashing 60 to 70 jobs in its fixed income and currencies (FIC) division in Frankfurt.