All articles by Verdict Staff

Verdict Staff

Luxury home values rise in the second quarter of 2014: First Republic

Luxury home values increased strongly in San Francisco, Los Angeles and San Diego in the second quarter of 2014 compared to a year ago, according to the First Republic Prestige Home Index by First Republic Bank, a private bank and wealth management company.

Dutch pension fund Architectenbureaus selects F&C as fiduciary partner

Stichting Pensioenfonds voor de Architectenbureaus, the Dutch pension fund for architect practices, has selected F&C Netherlands as its fiduciary partner to manage €3.2 billion of its assets.

Finnish Cultutral Foundation signs agreement with EQ Asset Management

The Finnish Cultural Foundation has signed a long term agreement to outsource the management of private equity and other alternative investments to EQ Asset Management.

Switzerland, Estonia agree to amend double taxation pact

Switzerland and Estonia have agreed to revise double taxation agreement (DTA) in the area of taxes on income and capital.

Private equity continues to outperform public markets in Europe

The gradual economic improvement in Europe, increasingly liquid debt markets and stronger IPO market conditions supported an increase in exit activity of PE-backed businesses in 2013, according to EY’s ninth annual European PE exits study.

Fiera Capital buys fund manager Propel Capital

Fiera Capital, a Canada-based investment firm, has purchased a closed-end fund manager Propel Capital for nearly $12 million.

Jupiter Fund Management names new chairman

Jupiter Fund Management has named Liz Airey as new chairman, replacing Jamie Dundas who has stepped down due to ill health.

IdealRatings launches new screening solution to handle Sukuk compliance hurdles

IdealRatings, an Islamic compliant fund management service provider, has introduced a new Sukuk Shariah screening solution.

Jefferies Group Q3 profit surges US$82 million

American investment bank Jefferies Group reported preliminary net profit of US$82 million for the fiscal third quarter ended 31 August, up from US$12 million a year ago.

UBS launches enhanced functionality for equity plan business

UBS Wealth Management Americas has added two new features to its Equity Plan Advisory Services (EPAS) offering namely enhanced cash awards functionality and the UBS One Source Mirror.