All articles by Verdict Staff
Verdict Staff
Barclay Hedge Fund Index up 1.41% in June
Hedge funds gained 1.41% in June, according to the Barclay Hedge Fund Index compiled by BarclayHedge.
Bravura Solutions strengthens executive management team
Bravura Solutions has bolstered its executive management team by appointing Bravura’s COO John Waddy to a new global product development role to deliver Sonata across EMEA and APAC.
John Hancock Investments chooses Wellington Management for its International Growth Fund
John Hancock Investments, a US-based registered investment adviser, has selected Wellington Management to manage its John Hancock International Growth Fund.
One-third of fund managers unprepared for 22nd July AIFMD deadline: Confluence
An independent survey conducted by Confluence has found that a third of the fund managers targeted by the Alternative Investment Fund Managers Directive (AIFMD) Transparency Reporting requirements are unprepared to meet the 22nd July deadline.
NGP signs agreement to retain Oak Hill Advisors as its new investment advisor
NGP Capital Resources Company has entered into an agreement with Oak Hill Advisors pursuant to which OHA will become the Company’s new investment advisor, subject to approval by the Company’s stockholders and other conditions.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Goldman Sachs, Warburg Pincus eyeing stake in China Huarong Asset Management
Goldman Sachs and Warburg Pincus are nearing talks to acquire a stake up to 20 % in China Huarong Asset Management for about $2 billion.
SEC announces progress on Mekong Capital Markets Cooperation
The Securities and Exchange Commission (SEC) of Thailand has announced the results of the 3rd Mekong Capital Markets Cooperation (MCMC) meeting in Pattaya City that all 5 member countries agreed on mutual benefits of this collaboration framework and entered into MoU signing to lay the foundation for capital market cooperation to promote sustainable growth in the region.
Amundi hires new CIO for Japan
Amundi, Paris-based asset manager, has hired Yasunori Iwanaga as new chief investment officer (CIO) for Japan, replacing Futoshi Saito.
HedgeCo Networks selects Pershing Advisor Solutions as its custodian
HedgeCo Networks has selected Pershing Advisor Solutions as a custodian for its hedge fund alternative investment platform, HedgeCoVest.
RBS to shut down its distressed-debt unit
Royal Bank of Scotland Group (RBS) is planning to shut down its distressed-debt unit as part of its move to shrink operations of the investment banking division to boost profits, reported Bloomberg.