All articles by Verdict Staff

Verdict Staff

Mercer awards $150 million mandate to AXA Investment Managers

Mercer’s investment business in Australia has awarded a $150 million mandate to AXA Investment Managers.

Tortoise Capital Advisors introduces new open-end mutual fund

Tortoise Capital Advisors announced the introduction of the Tortoise Select Opportunity Fund, an open-end mutual fund that has a dedicated focus on select opportunities across the energy value chain and beyond.

GAIN Capital buys Galvan Research

GAIN Capital Holdings (GCAP), a US-based online trading services provider, has purchased Galvan Research, a UK-based Contract For Difference (CFD) advisory business, for undisclosed amount.

Westpac strengthens presence in Asia

Westpac Banking Corporation (Westpac) has received the approval from China Banking Regulatory Commission (CBRC) to become one of the first foreign banks to set up a sub-branch in the Shanghai Free Trade Zone.

Germany probing banks and investment funds over tax evasion-report

German tax authorities are reportedly probing banks and investment funds over their alleged role in evading billions of euros in taxes, German newspaper Sueddeutsche Zeitung has reported.

Canadian securities regulators advance mutual fund fees review with request for research proposals

The Canadian Securities Administrators (CSA) has announced a request for proposals (RFP) to conduct research on Canada’s mutual fund fee structure.

RHB Asset Management unveils new Islamic fund

RHB Asset Management (RHBAM) has unveiled a new Shariah-compliant Islamic Asia Pacific income and growth fund.

Attivo Group purchases London-based IFA firm

Attivo Group, a UK-based wealth management firm, has purchased Anthony Etkind & Co, a London-based independent financial advisory firm, for an undisclosed sum.

Law firm Stephenson Harwood launches new private wealth practice in London

Law firm Stephenson Harwood has launched a new private wealth practice in London.

Cambiar Investors selects Vestmark BPO service

Vestmark, a developer of advisory solutions and wealth management technology, has announced that Cambiar Investors has selected Vestmark Business Process Outsourcing (BPO) service to support the growth of its separately managed accounts business.