All articles by Verdict Staff

Verdict Staff

Hedge Fund launches rise as capital growth accelerates

Hedge fund launches rose through early 2014 as new launches in Equity Hedge and Event Driven contin ued to attract new investors , and total hedge fund capital rose globally to a record $2.7 t rillion at the end of the first quarter .

German authorities seize Coutts’ documents related to suspected German tax evaders

German authorities have seized around 14,000 documents containing details of suspected German tax evaders from private bank Coutts in the Port of Hamburg.

AXA Wealth adds ETFs to its offerings

AXA Wealth’s Corporate Investment Services has added exchange traded funds (ETFs) to its ‘Investment Only’ offering.

Investors adding liquid alternatives to their portfolios should consider gold

The most liquid of all ‘liquid alts’, one of a series of papers published today by the World Gold Council, highlights how gold exhibits the characteristics of liquid alternatives (or ‘liquid alts’) without many of the inherent disadvantages associated with this growing sector.

State Street to offer full servicing solution for Earnest’s new UCITS funds

State Street, a US-based international financial services holding company, has agreed to expand its relationship with Earnest Partners to deliver a comprehensive suite of servicing for the firm’s new UCITS funds.

Vulpes Investment Management chooses Markit for valuations and risk analysis

Singapore-based Vulpes Investment Management has selected Markit, a financial data provider, to provide valuations, risk and scenario analysis for its portfolios.

Citigroup’s investment banking chairman to retire

Citigroup’s chairman of investment banking Edward Kelly has announced his retirement after a stint of more than five years at the firm.

Hong Kong regulator warns public of bank e-mail purporting

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to an e-mail purporting to be related to Bank of China (Hong Kong) (BOCHK), Hang Seng Bank (HSB), The Hongkong and Shanghai Banking Corporation (HSBC) and Standard Chartered Bank (Hong Kong) (SCBHK).

Piper Jaffray to expand financial institutions business

Piper Jaffray has announced its continued expansion of personnel and resources dedicated to financial institutions.

Close Brothers Asset Management launches trustee leadership programme with Cause4

Close Brothers Asset Management has launched the first trustee training of its type to encourage more young people to become trustees and to train them in the skills necessary to guide the strategic direction of a charity.