All articles by Verdict Staff

Verdict Staff

Wealthy investors understand wealth management: Spectrem

Wealthier investors have a better grasp of what wealth management services are and should be, according to a Spectrem report.

Money Advice Service slashes total budget by 1% to £77.5 million

The Money Advice Service (MAS), an organisation that provides free money advice for consumers in the UK, has slashed its total budget by 1% from £78.3 million in 2013/14 to £77.5 million in 2014/15.

Vontobel’s Harcourt unveils actively-managed premium strategy

Harcourt, the alternative boutique of Vontobel Asset Management, has unveiled Pure Premium Strategy to offer liquid alternatives in UCITS wrapper with more transparent, liquid and cost-efficient alternative strategies.

AMP Capital expands leadership team

AMP Capital has appointed Sean Henaghan and Mark Beardow to its leadership team.

Buss Capital chooses CACEIS as container funds depositary

Buss Capital, a Germany-based investment manager, has chosen CACEIS to provide depositary services for its funds managed under the new KAGB regime.

GLG Partners soft-closes market neutral hedge fund at US$1 billion

GLG Partners, a subsidiary of Man Group, has reportedly soft-closed its market neutral hedge fund after inflows took the strategy beyond US$1 billion in size.

Old Mutual Wealth in talks to acquire Intrinsic

Old Mutual Wealth (OMW) is reportedly in talks to acquire adviser network Intrinsic.

BNY Mellon selects Delta Data Software to support its fee management service

BNY Mellon has signed an agreement with Delta Data Software to support its fee management service for asset managers.

UBS changes to wealth management mandates to boost profits

UBS has said that clients are shifting money to be managed directly by the bank or pay for advice after it revamped services to increase profitability.

Baby boomers and Gen X investors have different tolerances for risk: Spectrem

There is a wide divergence between the risk tolerance of Baby Boomers and Generation X investors, with the Gen X investor far more willing to take a chance, according to Spectrem’s Ezine Baby Boomers vs. Gen X.