All articles by Verdict Staff
Verdict Staff
Raymond James poaches UBS, Wells Fargo advisers
Raymond James Financial, a US a diversified financial services company, has poached three investment advisers, previously associated with Wells Fargo Advisors and UBS.
Hedge fund assets reach new all-time high of $2.938 tn, says eVestment report
eVestment’s April Hedge fund asset flows report shows hedge fund assets reaching record highs.
FCA fines Martin Brokers (UK) £630,000 for misconduct
The Financial Conduct Authority has fined Martin Brokers (UK) Ltd £630,000 for misconduct relating to the London Interbank Offered Rate.
Financial advisors see more value in social media: American Century Investments
Two-thirds of these professionals rank social media’s overall value to their business as high or medium, a 36% increase from 2010, according to American Century Investments’ fifth annual Financial Professionals Social Media Adoption Study.
Wells Fargo Asset Management selects SGSS for Italy-focused fund
Wells Fargo Asset Management has selected Societe Generale Securities Services (SGSS) for the distribution of the Wells Fargo (Lux) Worldwide Fund, its Luxembourg-registered SICAV, for retail investors in Italy.
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Women better represented in senior private equity roles at institutional investors: Preqin
Preqins latest edition of Private Equity Spotlight reveals that women account for 22% of senior private equity investment professionals at institutional investors, a notably higher proportion than at private equity firms, where women account for just 11% of senior roles.
Wharton and Chubb establish high-net-worth insurance advisor certification for agents
The Chubb Group of Insurance Companies and the Aresty Institute of Executive Education at the Wharton School have created an educational program that will help select agents and brokers better understand the risk management and insurance needs of their high-net-worth clients.
WrapManager adds Newfound Research investment strategies to itsapproved list
WrapManager, an investment advisor specializing in building investment plans and recommending money managers for investors has added three risk-managed investment strategies from Newfound Research, a quantitative asset management firm focused on tactical, ETF managed portfolios.
Vermillion lunches trading unit in Shanghai free trade zone
Vermillion Asset Management, a New York-based hedge fund firm, has reportedly set up a trading unit in the Shanghai free-trade zone.
Lazard launches first liquid alternative equity fund
Lazard Asset Management has launched its first US-based open-end liquid alternative equity fund, the Lazard Fundamental Long/Short Portfolio.