All articles by Verdict Staff

Verdict Staff

Deloitte names new leader of US cross-functional investment management practice

Deloitte said that Patrick Henry, a partner with Deloitte & Touche, has been appointed vice chairman and leader of the cross-functional investment management practice in the United States.

Mercia Fund Management to launch new tax-optimizing digital fund

Mercia Fund Management, a UK-based technology investment specialist, is set to launch a new fund that will target digital companies.

Commonwealth Bank finalises variation of licence conditions for CFPL and FWL

Commonwealth Bank has finalised variations to the Australian Financial Services Licence conditions for Commonwealth Financial Planning Limited and Financial Wisdom Limited, as agreed with the Australian Securities and Investments Commission (ASIC).

ETFs and ETPs listed in the US gathered US$19.1 billion in net new assets in July: ETFGI

ETFGI’s analysis finds ETFs and ETPs listed in the United States gathered US$19.1 billion in net new assets in July and YTD have gathered US$92.3 billion, which is below the US$115.8 billion in NNA at this point in 2013.

Vontobel Financial Products (Asia Pacific) names new head for Singapore

Vontobel Financial Products (Asia Pacific) has appointed Thomas Süssli as its new head for Singapore, effective 1 October 2014.

Prudential appoints new regulatory director

Prudential has appointed Julian Adams, executive director of insurance supervision at the Bank of England, to the newly created role of group regulatory director.

BlackRock hires new head of private bank business for Asia ex-Japan

BlackRock, a US-based asset manager, has named Tan-Yuan Kueh as head of its private bank business & strategic client development for Asia ex-Japan.

BTS select bond asset allocation portfolio available on Placemark UMA marketplace platform

BTS Asset Management said that their Select Bond Asset Allocation portfolio is now available to financial advisors on major RIA custodial platforms, through the Placemark UMA Marketplace Platform.

KKR, TPG, Blackstone to pay US$325 million to settle US charges of collusion

Private equity giants Blackstone, KKR and TPG Capital have agreed to pay a combined US$325 million to settle to settle a lawsuit that accused them of colluding to fix prices on major buyout deals.

Europe listed ETFs and ETPs gather US$10.6 billion in net new assets in July: ETFGI

ETFGI’s analysis finds ETFs and ETPs listed in Europe gathered a record level of US$10.6 billion in net new assets in July, pushing YTD NNA to US$42.7 billion, a new record level of NNA at this point in the year, outpacing the previous high of US$30.1 billion set in 2011.