All articles by Verdict Staff

Verdict Staff

Wachusett Wealth Management merges with Pinnacle Private Wealth

Leominster, Massachusetts based Wachusett Wealth Management has merged its practice with Pinnacle Private Wealth.

R Squared selects Northern Trust for investment operations outsourcing

US-based R Squared Capital Management has selected Northern Trust to provide investment operations outsourcing in support of its middle office.

Columbia Management unveils new diversified real return fund

Columbia Management has unveiled a new Columbia Diversified Real Return Fund (CDRAX) to offer investors inflation protection through a diversified portfolio of inflation hedging and other assets.

Wigmore Association pools global investment research to aid wealthy families

Wigmore Association, a global collaboration of chief investment officers from seven leading family offices representing North and South America, Europe, and Australia, meeting recently in Montana, announced that it will expand its cooperative member services by sharing global investment research and intelligence insights.

Consistent growth in industry AUM benefited US Hedge Funds industry: IBISWorld

As a portion of hedge fund fees are traditionally based on the total value of assets under management (AUM), consistent growth in industry AUM has benefited the Hedge Funds industry immensely over the five-year period, according to the available data from KPMG and the Center for Hedge Fund Research at Imperial College London.

RBC names new head of international wealth unit in US

RBC Wealth Management has named Mary Sumners as new head of international wealth-USA.

EC adopts nine regulatory technical standards to implement the single rule book in banking

The European Commission (EC) has adopted a package of Regulatory Technical Standards (RTS) needed to implement important provisions of the Capital Requirements Regulation and Directive (CRR/CRD).

Jersey signs tax information exchange agreement with Belgium

Jersey has signed a tax information exchange agreement (TIEA) with the Kingdom of Belgium in London on 13 March 2014.

Warburg Pincus appoints senior advisor

Warburg Pincus has announced the appointment of Jacques Aigrain as a senior advisor.

Bellpenny acquires Essex-based IFA Personal & Corporate Financial Solutions

Bellpenny, a UK-based wealth manager, has completed the acquisition of Essex-based Personal & Corporate Financial Solutions (PCFS) for an undisclosed sum.