All articles by Verdict Staff
Verdict Staff
Arrow Capital awards CIBC Mellon C$1 billion asset servicing mandate
Arrow Capital Management has awarded CIBC Mellon C$1 billion asset servicing mandate for its new and existing investment fund offerings.
BGC Partners to make US$675 million takeover bid for GFI
BGC Partners is likely to make an unsolicited US$675 million all-cash offer for derivatives broker and rival GFI, The Wall Street Journal has reported.
SEC drafting news rules to enhance oversight of mutual funds-report
The US Securities and Exchange Commission (SEC) is drafting new rules to boost oversight of mutual funds, hedge funds and other firms, the Wall Street Journal reported citing unidentified sources.
Bessemer Trust names new associate fiduciary counsel
Bessemer Trust, a US-based wealth and investment management firm, has named Lucelly Duenas as new senior vice president and associate fiduciary counsel.
Schwab to launch new global real estate mutual fund
Charles Schwab Investment Management will expand its index mutual fund lineup with the launch of the Schwab Fundamental Global Real Estate Index Fund.
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Societe Generale selects RBC Investor & Treasury Services as sub-custodian
Societe Generale has selected RBC Investor & Treasury Services as its sub-custody bank in Canada.
Tilney Bestinvest names new head of charities division
Tilney Bestinvest has named Paul Frame as new head of charities division following the merger of investment broker Bestinvest and wealth management business Tilney.
Mariner Holdings completes acquisition of Flyover Capital Partners
US financial services firm Mariner Holdings has completed the acquisition of Flyover Capital Partners.
Investor demand fuelling dramatic growth of hedge fund liquid alternatives: Deutsche Bank
A Deutsche Bank study has revealed the true extent of demand for liquid alternative investments, with the percentage of participating investors allocating to such products up from 28% to 51% year-on-year.
Singapore mulls putting family offices on firmer legal footing-report
The Monetary Authority of Singapore (MAS) is considering options to implement rules related to the legal framework of family offices.