All articles by Verdict Staff
Verdict Staff
UICCU Wealth Management joins Commonwealth Financial Network
Commonwealth Financial Network has added UICCU Wealth Management of Iowa City, Iowa, and Cedar Rapids, Iowa, to its network of independent financial advisors.
Investec Asset joins FEIFA partnership programme
Investec Asset Management has become the second member to join the partnership programme of the Federation of European Independent Financial Advisers (FEIFA) in 2014.
Lloyds Banking Group expects to report underlying profit of £6.2 billion for 2013
Lloyds Banking Group has said that its expects to report a group underlying profit of £6.2 billion (US$6.8 billion) for 2013, ahead of analyst consensus expectations and more than double that in 2012.
LPL Financial welcomes 360 Financial to its RIA custodial and broker-dealer platforms
LPL Financial has announced that 360 Financial has joined the LPL Financial RIA custodial and broker-dealer platforms.
Non-monetary benefits could subvert the basic principles of RDR, says WMA
Continuation of non-monetary benefits to advisers could subvert the basic principles of the retail distribution review (RDR), according to the Wealth Management Association (WMA).
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Impact of market volatility on EBRD emerging markets: European Bank
Most EBRD countries are relatively unaffected despite the renewed pressure on emerging markets, according to a report by European Bank.
BNY Mellon launches two Japan equity funds
Financial services firm BNY Mellon has launched the Japan All Cap Equity fund and the Japan Small Cap Equity Focus fund as part of its plan to bring its Tokyo-based subsidiary to a much wider audience.
TwentyFour Asset Management to raise up to £150 million for new fixed income fund
TwentyFour Asset Management is looking to raise up to £150 million to set up a new closed-ended fixed income fund.
Bank of America to raise base pay of EU managing directors
Bank of America (BofA) is planning to raise base pay for some of its managing directors at its investment banking arm in the European Union by about 20% to $500,000.
Third-party long-term mutual fund and ETF assets rose 23% to US$8.8 trillion in 2013: Broadridge
Total third-party long-term mutual fund and exchange traded fund (ETF) assets under management (AUM) increased 23% in 2013 to US$8.8 trillion, compared to US$7.1 trillion in 2012, according to data released by Access Data, a Broadridge Financial Solutions.