All articles by Verdict Staff
Verdict Staff
Octopus Investments strengthens sales team for tax-efficient investments
Octopus Investments has strengthened it sales team by more than a quarter to 37 following an increase in demand for tax-efficient investments.
Unity Bank launches new financial services division
Unity Bank has launched a new financial services division, Unity Financial Services, to offer a range of investment products and services to its customers.
Essex Financial Services chooses Advent Black Diamond Platform
Essex Financial Services has selected Advent’s Black Diamond Platform for its comprehensive portfolio management and reporting solutions.
Depositary-lite regime in the EU to take effect from July 2014
For most existing UK hedge fund managers, the depositary-lite regime, which will apply in order to continue to market their non-EU funds in the EU, will take effect on 22 July 2014.
Brewin Dolphin files lawsuit against Charles Stanley over staff poaching
Brewin Dolphin has filed a law suit against Charles Stanley related to the mass departure of its 18 staff last March, who left to set up a Leicester base for Charles Stanley.
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Silvercrest Asset Management names new managing directors in Virginia
Silvercrest Asset Management has named Marshall Acuff and Palmer Garson as new managing directors in a move to expand the firms presence in Virginia.
Raymond James hires US$2.2 million advisor from Merrill Lynch
Raymond James Financial has appointed financial advisor Kyle Gearhart from Bank of America’s Merrill Lynch unit that managed more than US$300 million in client assets.
Separate accounts important for Private equity fund of funds managers: Preqin
New research in Preqin Special Report: Private Equity Funds of Funds shows that it is becoming an increasingly challenging fundraising environment for private equity fund of funds vehicles, with only 72 of these funds closing in 2013 raising an aggregate US$12bn, compared to 87 funds closing on an aggregate US$16bn in 2012 and a high of 164 funds closing on a total of US$58bn in 2007.
BNP Paribas Securities Services launches new intraday bank liquidity reporting tool
BNP Paribas Securities Services has rolled out a new reporting tool designed to allow intraday liquidity monitoring for investment banks.
Franklin Templeton appoints new head of UK discretionary
Franklin Templeton Investments has named Mark Dunn as the new UK discretionary head, effective 1 April.