All articles by Verdict Staff
Verdict Staff
Chinese and Luxembourg fund associations sign pact to boost collaboration
The Association of the Luxembourg Fund Industry (ALFI) and the Asset Management Association of China (AMAC) have inked a Memorandum of Understanding (MoU) to boost business relationships between the two nations.
Regulatory drivers predominant force of change in next phase of hedge fund industry: Citi
Regulation will be the key driver in the next phase of the rapidly evolving hedge fund industry, according to Part II of the Citi Investor Services 5th Annual Industry Evolution survey.
MFS introduces managed wealth fund
MFS Investment Management has announced the launch of MFS Managed Wealth Fund (MNWAX), a equity fund that seeks to provide capital growth with moderate volatility.
Forest Capital Management launches operations in US
Forest Capital Management, a new SEC registered investment advisory firm, has launched its operations in the US.
Windhaven Investment names new chairman of investment committee
Windhaven Investment Management, an investment advisory firm and a subsidiary of the Charles Schwab Corporation, has appointed Liz Ann Sonders as a member of its investment management team and chair of its investment committee.
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European Commission approves liquidity support scheme for Bulgarian banks
The European Commission has approved a liquidity support scheme for Bulgarian banks as being compatible with EU state aid rules.
RBC completes sale of Jamaican subsidiaries
Royal Bank of Canada (RBC) has completed the sale of two Jamaican subsidiaries, RBC Royal Bank (Jamaica) and RBTT Securities Jamaica to Sagicor Group Jamaica for an undisclosed sum.
Fenician Capital Management partners with BofA Merrill Lynch to launch new fund
London-based Fenician Capital Management is set to join forces with Bank of America Merrill Lynch to launch an Ucits-compliant version of its Makalu fund.
Uncertainty about global equities markets tempers investors enthusiasm: TradeStation study
Growing pessimism about global equities markets along with uncertainty over the Federal Reserve Banks policy direction have combined to dampen US investor confidence entering the second half of 2014, according to a study conducted by TradeStation, a Monex Group company.
US top court rejects Madoff trustees plea to sue big banks
The US Supreme Court has rejected an appeal by the liquidator of Bernard Madoffs firm to pursue lawsuits against major banks for their role in Madoff’s massive fraud.