All articles by Verdict Staff

Verdict Staff

SEC charges Strategic Capital for misleading performance advertisements

The US Securities and Exchange Commission (SEC) has charged Strategic Capital, an investment advisory firm located outside Tacoma, Washington, with engaging in hundreds of principal transactions through its affiliated broker-dealer without informing clients or obtaining their consent.

Former VTB executive launches new emerging markets investment firm

A former senior executive of VTB Capital, Atanas Bostandjiev, has launched a new London-based emerging markets asset manager called Gemcorp.

Affin Investment Bank and HwangDBS Investment Bank complete merger process

Affin Investment Bank and HwangDBS Investment Bank have announced the completion of their merger process and the official commencement of operations for the newly formed Affin Hwang Capital.

Harvest Global to set up fund management firm in London

Harvest Global Investments, a Hong Kong-based subsidiary of China’s Harvest Fund Management, is planning to set up a fund management company in London in early 2015.

Alternative Investment Management Association forms new council

The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced the formation of a new Council, AIMA’s global board of directors.

Hornbuckle signs strategic alliance with technology provider FNZ

Hornbuckle, a UK-based Sipp and SSAS administrator, has entered into a ten-year strategic alliance with technology provider FNZ to deliver a new online portal for its pension customers.

Morningstar introduces strategic beta classification system

Morningstar, a provider of independent investment research, has introduced strategic beta exchange-traded product (ETP) classification system to help investors better identify, compare, and analyze strategic beta investment products.

Unigestion unveils new private asset allocator tool for institutional investors

Swiss asset manager Unigestion has unveiled a new tool that provides a framework for institutional investors to determine their allocations between private assets on a systematic and quantifiable basis.

LPL Financial adds StreamSong Advisors to its RIA custodial platform

LPL Financial, US-based independent broker/dealer, has added StreamSong Advisors to its RIA custodial platform.

DeAWM expands securities lending service in Asia

Deutsche Asset & Wealth Management (DeAWM) has launched new securities lending desk in Hong Kong to better service the needs of clients in local Asian markets.