All articles by Verdict Staff
Verdict Staff
ALPS to close four exchange-traded funds
ALPS, a DST Company focused on asset servicing and asset gathering, today announced the liquidation of the ALPS|GS Momentum Builder Index ETFs.
Deputy to Liberty Reserve founder pleads guilty to money laundering
Azzeddine El Amine of San José, Costa Rica, pleaded guilty to money laundering and operating an unlicensed money transmitting business in connection with his role in running Liberty Reserve, a company that operated one of the world’s most widely used digital currency services.
Chairman appointed for Channel Islands’ financial services ombudsman
David Thomas has been named as the first chairman of Channel Islands’ financial services Ombudsman.
ASIC asks Macquarie to contact clients over possible financial advice compensation
ASIC has announced that Macquarie Equities will begin writing to current and former clients about possible remediation for flawed financial advice.
Nearly $138 billion in capital returned to real estate investors throughout 2013: Preqin
Capital distributions to private real estate fund investors reached an all-time high in 2013, with a total of $138 billion returned to investors as a result of managers selling assets.
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DGCX moves to new offices in DMCC Free Zone
Dubai Gold and Commodities Exchange (DGCX), the region’s first derivatives exchange, has moved to a new permanent office in the DMCC Free Zone, the global gateway for commodity trade and enterprise in Dubai and the region.
Mercer Investments awards $125 million mandate to Legg Mason
Mercer Investments, the multi-manager business of Mercer, has awarded global asset manager Legg Mason a $125 million Australian small companies mandate.
Over 70% of Japan’s wealthy actively invest, foreign currency deposits rank high as preferred tool: NAB
National Australia Bank’s (NAB) latest online survey of high-net-worth individuals (HNWIs shows 72% of Japan’s affluent are actively investing and growing their wealth.
Banque Syz & Co looks to buy part of Coutts’ international business -Report
Swiss private bank Banque Syz & Co is reportedly looking to buy part of Coutts’ international business as part of its expansion strategy in Europe, Bloomberg has reported.
Raiffeisen looking to buy private banking and asset management firms
Swiss bank Raiffeisen is looking to make acquisitions in private banking and asset management, its CEO Pierin Vincenz told Swiss publication Finanz und Wirtschaft.