All articles by Verdict Staff
Verdict Staff
Critical Capital Management merges with Abacus Wealth Partners
US-based fee-only financial planning firm Critical Capital Management has merged with wealth management firm Abacus Wealth Partners to strengthen their business.
UK hedge fund industry booms despite a wider slowdown in Europe: Preqin
Data from Preqin’s Hedge Fund Analyst shows that the majority of European hedge fund managers that have set up business over recent years have been in the UK.
Michael Wright joins TCW as senior vice president and senior institutional marketer
The TCW Group has announced that Michael Wright has joined the firm as a Senior Vice President and Senior Institutional Marketer.
IPBS, Objectway to launch wealth management software in Centra and South America
International Private Banking Systems (IPBS), a wealth management software firm, has partnered with Objectway to launch the OFS eXimius Portfolio Manager solution in the offshore, Central and South American markets.
Motif Investing raises $35m in funds for expansion
Motif Investing has raised funds of nearly $35m from a group of investors, including JP Morgan Chase & Co., Wicklow Capital, and Balderton Capital, amidst plans for global expansion.
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IMA response to FCA dealing commission statement
In response to the FCAs policy statement on forthcoming changes to dealing commission rules, Guy Sears, Director of Risk, Compliance and Legal at the Investment Management Association (IMA), said:
BNY Mellon shortlists office locations in New York and New Jersey
Bank of New York Mellon (BNY Mellon) has shortlisted office locations in New York and New Jersey in order to relocate following the sale of its Wall Street headquarters.
Armstrong Asset Management considers $600m clean power investment deals
Singaporean private-equity company Armstrong Asset Management is considering investment in two to three clean-energy developers, which may be worth as much as $600m, by the month-end.
Ashcourt Rowan relocates to new office in Leeds
Ashcourt Rowan, a UK-based wealth management company, has shifted to a new office located in City Point, King Street in Leeds of West Yorkshire county of England.
Assets of ETFs and ETPs listed in the United Sates reached US$1.76 trillion at the end of April 2014: ETFGI
ETFs and ETPs listed in the United States gathered US$19.9 billion in net new assets in April which, when combined with a small positive market performance in the month, pushed assets in the US ETF/ETP industry to a new record high of $1.76 trillion, according to preliminary data from ETFGIs April 2014 Global ETF and ETP industry insights report.