All articles by Verdict Staff

Verdict Staff

BNY Mellon partners with leading global asset managers to launch SPECTRUM

BNY Mellon has launched SPECTRUM, Asia’s first separately managed accounts (SMA) business that offers investors a choice of investment strategies from leading global asset managers.

Morgan Stanley Asia-Pacific Fund announces change of investment strategy

Morgan Stanley Asia-Pacific Fund has announced that the Board has approved changing the Fund’s investment strategy such that the Fund will continue to seek long-term capital appreciation through Investments primarily in equity securities of Asian-Pacific issuers and in sovereign debt, but will no longer invest in equity securities of issuers located in Japan.

Pioneer Investments launches new fixed income product for UK investors

Pioneer Investments has launched a new fixed income product for UK investors called Pioneer Sicav-Absolute Return Bond fund.

Broadridge delivers tax process automation and risk mitigation to BMO Financial

Broadridge Financial Solutions has announced a contractual arrangement with BMO Financial Group to help them more efficiently manage their tax reporting requirements while automating data collection, composition, printing and delivery through Broadridge’s Tax Forms Plus system (TFP).

Bedrock targets the institutional market with fixed income fund launch

Bedrock has launched the 20UGS TCW Unconstrained Plus Bond Strategy, a fund which will be exclusively managed by TCW, one of the most renowned fixed income managers in the US.

QFS Asset Management closes currency hedge fund

QFS Asset Management has decided to close its last remaining currency hedge fund and is returning nearly $1 billion to clients by the end of January.

Guggenheim Partners appoints head of real estate and direct investment in Europe

Guggenheim Partners has appointed Jonathan Goldstein as its inaugural Head of Real Estate and Direct Investment for Europe.

Atlas Private Wealth Management hires new wealth advisors

Atlas Private Wealth Management, a fee-based investment advisory firm with approximately $1 billion in client assets, has appointed two new wealth advisors to strengthen its presence in the New York capital region.

Bank of America’s wealth arm reports 35% surge in Q4 income

Bank of America (BofA)’s global wealth and investment management unit has posted a net income of US$777 million for the fourth quarter of 2014, an increase of nearly 35% compared to US$576 million in the year ago period.

Santander Asset Management expands European fixed income team

Santander Asset Management has named Adam Harnetty as new head of credit research in its European fixed income unit.