All articles by Verdict Staff
Verdict Staff
AMG completes investment in SouthernSun Asset Management
Affiliated Managers Group has announced the completion of its investment in SouthernSun Asset Management.
Sprott AssetManagement completes acquisition of funds from Arrow Capital
Sprott Asset Management has completed the acquisition of three funds from Arrow Capital Management.
DC plan sponsors evaluate current target-date-funds: SEI
Defined contribution (DC) plan sponsors are evaluating their current target-date-funds (TDFs) and considering whether or not custom TDFs are a better option, according to a survey by SEI.
Law firm Schulte Roth & Zabel opens London activist practice
American law firm Schulte Roth & Zabel (SRZ) has reportedly opened a practice in London to advise European activist hedge funds.
US corporate pension plan funding ratio drops to 91% during Q1 of 2014: UBS
The UBS Global Asset Management US Pension Fund Fitness Tracker saw the funding ratio of the typical corporate US pension plan drop by approximately four percentage points to 91% in the first quarter of 2014.
Wells Fargo lures financial advisor from Merrill Lynch
Wells Fargo Advisors Financial Network, the independent brokerage arm of Wells Fargo Advisors, has lured financial advisor Jeffrey Fratarcangeli from Merrill Lynch.
Private equity real estate firms have all-time high capital to invest in North America: Preqin
New research from Preqin shows that closed-end private real estate fund managers have US$110bn of equity available to make new investments in North America as of March 2014, an all-time high and an increase on the US$106bn in dry powder available as of December 2013 and US$89bn as of December 2012.
Credit Suisse spins off its mid-market leveraged buyout business
Credit Suisses mid-market leveraged buyout business, DLJ Merchant Banking Partners (DLJ MBP), has spun off from the parent company into an independent advisory firm.
Seneca Investment Managers completes acquisition of Miton Capital Partners
Seneca Investment Managers, a Liverpool-based fund management firm, has completed the acquisition of Miton Capital Partners.
Guernsey and Swiss financial services regulator sign MoU
Guernsey Financial Services Commission (GFSC) has signed a memorandum of understanding (MoU) with the Swiss Financial Market Supervisory Authority (FINMA) for the distribution of investment funds to retail investors.