All articles by Verdict Staff
Verdict Staff
Taiwans FSC approves local asset managers to launch exotic ETFs
The Financial Supervisory Commission of Taiwan has authorized local asset managers to launch leveraged and inverse exchange traded funds (ETFs) in the country, according to Asia Asset Management.
BNY Mellon Wealth Management names new MD of portfolio management
BNY Mellon Wealth Management has named Jon Soto as new managing director of portfolio management for the Florida East region.
Blackfriars Asset Management to acquire BDT Invest
Blackfriars Asset Management, a London-based investment boutique owned by BNY Mellon, is planning to acquire BDT Invest, an Asian equity specialist setup by former First State and Invesco employees.
Aberdeen transfers SWIP’s £2.9 billion assets on its equity platform
Aberdeen Asset Management has transferred nearly £2.9 billion equity funds and mandates run by Scottish Widows Investment Partnership (SWIP) across to the Aberdeen equity platform.
Former Goldman Sachs, Noble executives to launch hedge fund firm in Hong Kong
Former Goldman Sachs and Noble Group executive are planning to launch their hedge fund firm, Guard Capital Management, in Hong Kong next month.
MSRB launches new tool on EMMA to trade price of a municipal bond
Municipal Securities Rulemaking Board (MSRB) has launched a new electronic tool to help users more quickly and easily gauge the trade price of a municipal bond.
Evensky & Katz Wealth Management merges with Foldes Financial
US-based Evensky & Katz Wealth Management has integrated its operations with Foldes Financial Management.
Assets of ETFs and ETPs listed in US reached US$1.8 trillion – ETFGI
ETFs and ETPs listed in the United States gathered US$13.6 billion in net new assets in May which, when combined with a small positive market performance in the month, pushed assets in the US listed ETF/ETP industry to a new record high of US$1.8 trillion, according to preliminary data from ETFGIs May 2014 Global ETF and ETP industry insights report.
JP Morgan Asset Management appoints European head of institutional business
JP Morgan Asset Management, a division of JPMorgan Chase, has appointed Christoph von Reiche as new head of its institutional business in Europe.
Barclays signs long-term D2C agreement with FNZ-report
Barclays has signed a long-term agreement with record provider FNZ to power the bank’s refurbed D2C proposition, Money Marketing has reported.