All articles by Verdict Staff

Verdict Staff

Institutional investors becoming key source of direct investment: Preqin

Institutional investors are becoming an integral source of direct investment for infrastructure projects, according to Preqin’s latest research.

Barclays names new chief operations and technology officer

Barclays has named Michael Harte as new chief operations and technology officer.

Bank of Beijing hires Goldman Sachs, Morgan Stanley for 2015 IPO

Bank of Beijing, a Chinese government-controlled bank, has appointed Goldman Sachs Group and Morgan Stanley to manage its Hong Kong initial public offering (IPO) scheduled in 2015.

ECP Asset Management opens new office in Sydney

ECP Asset Management, an Australia-based equities manager, has opened a new national office in Sydney.

Audit Commission recommendations disappointing: AVCAL

Recommendations made by the National Commission of Audit to abolish key innovation funding programmes are flawed and demonstrate a lack of genuine commitment to fostering a stronger Australian economy in the future, according to the Australian Private Equity & Venture Capital Association Limited (AVCAL).

Advisory firms need to rethink their multigenerational planning offering: Pershing Study

Most advisors are not actively taking steps to prepare for the $30 trillion that investors will transfer to heirs over the next 30 years, according to a study released today from Pershing, a BNY Mellon company.

JP Morgan Asset Management upgrades Target Date Compass Program

JP Morgan Asset Management has upgraded its Target Date Compass, a tool used by advisors to guide plan sponsors through an increasingly complex target date fund universe.

UK FCA bans former UBS trader for failings related to US$2.3bn unauthorised trading losses

The UK’s Financial Conduct Authority (FCA) has banned John Christopher Hughes from performing any function in relation to any regulated activity in the financial services industry for failings related to US$2.3bn unauthorised trading losses by another trader Kweku Mawuli Adoboli.

Crystal & Co opens new office in Dallas-Fort worth area

The Private Client Services group of Crystal & Company, a strategic risk and insurance advisors, has opened a new office in Dallas-Fort Worth area.

Colonial First State partners with CBA to launch new SMA

Colonial First State (CFS) has launched a Commonwealth private separately managed account (CPSMA) product in partnership with Commonwealth Bank of Australia (CBA)’s business and private banking team.