All articles by Verdict Staff
Verdict Staff
Resmark sets up Resmark Impact Ventures
The Resmark Companies, a full service real estate investment advisor, has launched Resmark Impact Ventures to broaden institutional investors’ access to diverse and qualified real estate investment advisors by partnering with and mentoring the field’s next generation of leaders.
Ex-CEO of EDRAM launches new development platform for asset mangers
The former CEO of Edmond de Rothschild Asset Management (EDRAM) Philippe Couvrecelle and his partner Jean Maunoury have launched a new asset management platform, called IM Square.
Net asset value of all funds under management and administration in Guernsey fell 1.1% in Q2
The net asset value of total funds under management and administration has decreased in Sterling terms over the quarter ended 30 June 2014 by £2.9 billion (-1.1%) to £261.3 billion.
RBC Wealth Management names three new Greater China heads
RBC Wealth Management has hired Iggy Chong, Lorraine Lam and Yi-An Chen as new Greater China heads.
Global business calls for transparent tax planning and updated tax rules: Grant Thornton
Majority of businesses calling for more transparency on acceptable planning, updated tax rules for a modern, digital economy and the harmonisation of global corporation tax rates, according to the Grant Thornton International Business Report (IBR), a survey of 2,500 senior executives in 34 economies.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
US regulators investigates Banco Espírito Santo’s Miami unit over wealth sales
Several US regulatory agencies are probing Espirito Santo Bank, the Miami-based unit of Portugal’s bailed out bank Banco Espírito Santo, over wealth-management transactions it conducted with an affiliate bank in Panama.
Long/short equity and macro strategy hedge funds offer investment opportunities in Asia, says Cambridge Associates
Institutional investors performing due diligence on Asia-Pacific focused hedge funds may be best served homing in on long/short equity and macro strategies.
Investec to sell Irish sub-prime mortgage business to Lone Star Funds
South African bank Investec has agreed to sell its Irish sub-prime mortgage business Start Mortgages to American private equity firm Lone Star Funds to simplify and reshape its banking business.
Waverton records 30% rise in assets under management
Waverton Investment Management (Waverton) has registered a 30% rise in assets under management to £5.2 billion at the end of August 2014, compared with £4 billion a year ago.
CalPERS eliminates hedge fund program to simplify investment portfolio
The California Public Employees’ Retirement System (CalPERS) said that it will eliminate its hedge fund program, known internally as the Absolute Return Strategies (ARS) program, as part of an ongoing effort to reduce complexity and costs in its investment program.