All articles by Verdict Staff
Verdict Staff
Gulf narrows between best and worst hedge funds in 2014, BlackRock research
The gap between the best and worst performing hedge funds has narrowed during the first half of 2014, BlackRock’s latest analysis of the hedge fund industry has found.
Eaton Vance plans to launch new floating rate loans fund in UK
Eaton Vance Management, a subsidiary of Eaton Vance Corp, is planning to launch a new floating rate loans fund for UK investors by the end of this year.
Saving and investing gives greater satisfaction to 70% of $25m plus investor: Spectrem
Seven-in-ten households with a net worth of at least US$25m said that saving and investing their money gives them greater satisfaction than spending it, according to a Spectrem report.
Britain’s fund industry association signs MoU with Chinese peer
Britain’s Investment Management Association (IMA) has entered into a Memorandum of Understanding (MoU) with the Asset Management Association of China (AMAC) in a bid to enhance mutual understanding and further relationship.
Japan Post to acquire 40% stake Credit Saisons asset-management unit
Japan Post has forged a deal to acquire a 40% stake in Credit Saisons asset-management unit Saison Asset Management and form a capital alliance.
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Amundi Smith Breeden appoints new senior vice president
Amundi Smith Breeden has announced that Michael Ford has joined the firm as a senior vice president and U.S. head of consultant relations.
Lucia Capital Group strikes deal to acquire West Coast Asset Management
San Francisco-based asset management firm Lucia Capital Group has inked a definitive agreement for the purchase of the managed equity and fixed income accounts of West Coast Asset Management (WCAM), a Santa Barbara-based investment advisor.
FCA creates dedicated fund supervision unit to monitor retail funds
The Financial Conduct Authority (FCA) has set up a dedicated fund supervision unit to regulate and monitor individual retail funds.
Forex trade body FXPA launched
The Foreign Exchange Professionals Association (FXPA) a new trade body uniquely comprised of a cross-section of FX industry participants has been launched recently.
UK rolls out new tax evasion scheme for MNCs
The British government has asked multinational companies to report to HMRC where they make profits and pay taxes around the world, as part of a wider movement against tax avoidance.