All articles by Verdict Staff

Verdict Staff

BlackRock launches first UK domiciled Asian equity fund

BlackRock has launched its first UK domiciled fund focused on Asian equities to help investors capitalise on the diverse opportunities created by the region’s changing investment and geographical landscape.

Operational due diligence is top priority for hedge fund investors: Deutsche Bank survey

Almost three quarters of hedge fund investors rank a fund’s compliance and regulatory framework as the top priority for 2013, according to Deutsche Bank’s Hedge Fund Consulting Group’s second annual operational due diligence survey.

TCW Group launches new emerging markets fund

The TCW Group, a US-based asset management firm, has launched the TCW Emerging Markets Multi-Asset Opportunities Fund.

Tradeweb volume grows in European fixed income markets

Tradeweb Markets, a global provider of fixed income marketplaces, has had a 34 percent year-on-year increase in trade volume for European government bonds in the first half of 2013, and 31 percent growth for European cash credit volume during the same period.

FCA hits advisors with higher regulatory costs

The Financial Conduct Authority (FCA) of UK in its policy statement has confirmed that its levy for coming year will be £432.1 million, with financial advisors contributing 9% of the total.

Morgan Stanley raises US$770 million for Global Secondary Opportunities Fund II

Morgan Stanley Alternative Investment Partners (AIP) has raised US$770 million in commitments for its Global Secondary Opportunities Fund LP II (GSOF II), a fund dedicated to acquiring interests in private equity funds in the secondary market.

BNY Mellon gets approval to establish separately managed accounts business in Hong Kong

BNY Mellon has received licence approval from the Securities and Futures Commission (SFC) for its new dedicated Hong Kong-based subsidiary to establish a separately managed accounts business.

Integration of Merrill Lynch’s IWM business in UK, Spain and Israel into Julius Baer begins

Julius Baer has commenced the integration of Merrill Lynch’s International Wealth Management (IWM) businesses in UK, Spain and Israel.

BNY Mellon’s Real Estate Investment Manager renamed as CenterSquare Investment Management

Urdang Capital Management, BNY Mellon’s real estate investment manager, has changed its name to CenterSquare Investment Management.

Broadridge partners with Scivantage to provide Cost Basis Solutions

Broadridge clients to gain access to Scivantage Maxit, the cost basis solution with significant new functionality enhancements, including support for TARP III compliance.