All articles by Verdict Staff

Verdict Staff

Moelis establishes private funds advisory business

American investment bank Moelis & Company has established its new Private Funds Advisory Business to expand its financial sponsors’ capabilities.

Australian government levies additional tax on high-income earners

Australian government plans to increase the top tax rate, which applies to any income earned over A$180,000, from 45% to 47% to reduce the budget deficit.

HSBC names new US chief

British banking giant HSBC has named Patrick Burke as president and chief executive of its US business, with effect from 1 November 2014.

Guardian Wealth Management appoints new manager for Dubai office

Guardian Wealth Management has, reportedly, named Hamza Shalchi as new manager of its Dubai office.

Frost Investment Advisors launches new Frost Aggressive allocation fund

Frost Investment Advisors has launched the Frost Aggressive Allocation Fund (FCAAX) class A shares, which is the third in a series of asset allocation funds managed by Frost.

MAS to launch overnight Renminbi liquidity facility

The Monetary Authority of Singapore (MAS) has said that it will introduce overnight Renminbi (RMB) liquidity facility for financial institutions in Singapore on 1 July 2014.

Middle East investors to spend US$85 billion in UK real estate market over next decade: CBR

Middle Eastern investors are expected to spend US$180 billion in commercial real estate markets outside of their own region over the next decade, according to the latest research from global property advisor CBRE.

Hong Kong investigates financial companies for money laundering breaches

Hong Kong’s banking regulator has launched investigation against various financial organizations for possible breaches of its anti-money laundering regulation.

Infinity Capital offers Infinity core alternative fund through Vivaldi Asset Management

Infinity Capital Partners has partnered with Vivaldi Asset Management to offer a registered multi-strategy investment fund with a minimum investment of $25,000 that invests in leading hedge funds.

36 South Capital Advisors considers launching UCITS vehicle

36 South Capital Advisors is reportedly planning to roll out a UCITS version of its long-volatility structure for investors, to offer volatility protection against current changing market environment.