All articles by Verdict Staff
Verdict Staff
Henderson Global Trust lead portfolio manager to retire after 30 years
Henderson Global Trust’s lead portfolio manager Brian O’Neill is set to retire at the end of January next year after running the investment trust for 30 years.
John C Malone pockets $32.71 million in share sale
Mr John C Malone, chairman of Liberty Media and chief executive officer of Discovery Holding Company has sold 351,734 shares, representing 2.4888% stake in Ascent Media Corp.
Rising global growth and accommodative monetary policy favor equities and credit in 2014 : UBS
CIO Year Ahead, the annual outlook published by UBS Wealth Management’s chief investment office (CIO), predicts the global economic recovery will gather pace in 2014, with global GDP growth rising to 3.4%.
FCA bans Cheshire IFA over client money failings
The UKs Financial Conduct Authority (FCA) has banned Cheshire-based IFA firm SK8 Financial Services from conducting regulated business after its director failed to invest money on customers behalf.
Time for financial markets to stand on their own feet again: Threadneedle Investments
Looking forward to 2014, Threadneedle Investments believes the year will be characterised by the move towards financial markets standing on their own feet again, as the global policy support that has been providing abundant liquidity to markets starts to be withdrawn.
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RBC Wealth lures US$170 million advisory team from Morgan Stanley
RBC Wealth Management has hired a team of two financial advisors from Morgan Stanley.
Cassia Capital appoints new managing partner
Cassia Capital Partners, a US-based investment advisory firm, has appointed Charles Barham as its managing partner.
UBS strikes US$10 billion JV deal with Grocon
UBS Global Asset Management has signed a US$10 billion joint venture agreement with Australian construction firm Grocon to launch a new full-service real estate investment and asset management platform.
IFSB Council adopts new standards for Islamic financial services industry
The Council of the Islamic Financial Services Board (IFSB) has resolved to approve the adoption of two new Standards in its 23rd Meeting in Doha, Qatar, yesterday.
SunTrust to sell asset management subsidiary to RidgeWorth
SunTrust Banks has agreed to sell its asset management subsidiary, RidgeWorth Capital Management, to RidgeWorth, an investor group which is led by a private equity fund managed by Lightyear Capital.