All articles by Verdict Staff

Verdict Staff

Financial knowledge key to millionaire investors: Spectrem

Millionaire investors pride themselves on their financial knowledge, according to a research by Spectrem.

SocGen to seek shareholder approval to raise bankers bonuses

French banking major Societe Generale (SocGen) will ask for shareholder consent to pay some staff bonuses worth up to double their salaries after the European Union imposed caps on variable compensation.

Westminster Wealth Management forms JV with ActionCOACH

UK-based Westminster Wealth Management has formed a joint venture with business mentoring service ActionCOACH to gain access to its more than 1,000 entrepreneurial clients.

UBS creates new hedge fund division

Swiss banking giant UBS has reportedly created a new equity-focused hedge fund unit, named Capital and Consulting Services.

Azimut, Notus sign a JV agreement in Turkish asset management industry

Azimut and Notus Portfoy Yonetimi have signed an investment and shareholders agreement to start a partnership in Turkey.

Investors consider provision of index transparency to be logical and indispensable: Survey

Investors consider the provision of index transparency to be logical and indispensable. According to a new survey report by EDHEC-Risk Institute, an overwhelming majority of respondents (85.2%) identify transparency as the best mitigator of conflicts of interest and only 12% view good index governance as sufficient to deal with these conflicts.

Sabre Fund Management forays into UK retail market

Sabre Fund Management, a London-based asset management firm, is to foray into the UK retail market by launching a global equity fund in the second quarter of 2014.

Hawksford Group buys Janus Corporate Solutions in Singapore

UK-based Hawksford Group has purchased Singapore-based Janus Corporate Solutions for undisclosed sum.

Raymond James lures US$180 million advisory team from Morgan Stanley

Raymond James Financial has lured a team of two financial advisers from Morgan Stanley that managed over US$180 million in client assets.

Adviser investment company platform purchases rose by 67% in 2013

The AIC commissioned a report using Matrix Solutions’ Financial Clarity to evaluate adviser and wealth manager investment company platform purchases in the first year after RDR.