All articles by Verdict Staff

Verdict Staff

Vietcombank receives approval to launch open-ended equity fund in Vietnam

Vietcombank Fund Management (VCBF), the JV between the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and Franklin Templeton Investments, has won regulatory approval to launch its first open-ended equity fund in Vietnam.

RCS Capital closes acquisition of Summit Financial Services Group

RCS Capital has wrapped up the previously announced acquisition of Summit Financial Services Group, an independent broker-dealer headquartered in Boca Raton, Florida.

Equity Trustees launches new superannuation trustee office

Equity Trustees (EQT) has launched a new superannuation trustee office and has hired John Rodd to head up the new office.

Bloomberg BNA launches BNA fixed assets web software for IRS tangible property regulations

Bloomberg BNA has announced the release of version 2014.1, its latest update to BNA Fixed Assets Web software supporting IRS Tangible Property Regulations.

Former Wells Fargo advisors launch new wealth management firm

Former Wells Fargo financial advisors have opened a new wealth management firm in York County.

CSRC okays establishment of China’s first VC-controlled mutual fund company

The China Securities Regulatory Commission (CSRC) has granted permission for the establishment of the Mainland’s first venture capital (VC) controlled mutual fund company.

Duet partners with CI Capital to launch Egypt private equity fund

CI Capital and Duet Group have formed a strategic alliance through the creation of the Duet-CIC Egypt Opportunities Fund to invest in the Egyptian economy.

Bank Of England accredits MWR InfoSecurity in new cyber security testing scheme

Information security firm MWR InfoSecurity has been announced as one of the seven accredited providers for the Bank of England’s new testing framework, CBEST.

SSgA plans to divest stake in Chinese joint venture

State Street Global Advisors (SSgA), a US-based asset management firm, is reportedly planning to divest its 49% holding in SSGA Fund Management (SSGAFM), Chinese joint venture with Zhongrong International Trust (ZRT).

Silk Invest, Kolo Toure introduces fund for footballers in Africa

Frontier market specialist Silk Invest has introduced first-of-its kind Footballers Fund in collaboration with footballer Kolo Toure to provide wealth management solutions for African players.