All articles by Verdict Staff
Verdict Staff
Raymond James lures three financial advisors from Wells Fargo
Raymond James Financial has lured a Texas-based team of three financial advisors from Wells Fargo that managed nearly US$220 million in client assets.
IMA introduces filtering tool for Targeted Absolute Return sector
Investment Management Association (IMA) has introduced an online review tool for its Targeted Absolute Return sector to allow advisers and consumers compare funds.
AllianceBernstein secures $250 million VicSuper mandate
American asset manager AllianceBernstein has secured a $250 million emerging markets value equities mandate from Australian superannuation fund VicSuper.
Nick Calamos steps down from Calamos Asset Managements board
Nick Calamos, a former Euro Stars A-rated manager, has stepped down from Calamos Asset Managements Board of Directors to further pursue his interests in education and philanthropy.
LGIMs Richard Hodges takes over management of three more funds
Legal & General Investment Management (LGIM)s Richard Hodges will take over the management of three Legal & General fixed income funds worth £2 billion in assets, replacing Michel Canoy, who will be leaving the company at the end of January 2014.
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Ukraine ratifies double taxation agreement with Ireland
The Ukrainian Cabinet has ratified the double taxation avoidance agreement between Ukraine and the Republic of Ireland.
French authorities investigate Reyl & Cie chief in tax evasion case
François Reyl, the director-general of Swiss bank Reyl & Cie, is being investigated by the French authorities in tax evasion case and has been asked not to leave France.
US regulators spread JPMorgan China hiring probe to five more banks – report
The US government authorities, which were probing JP Morgan’s hiring practices in China, have reportedly stepped up their industry-wide probe against five additional Wall Street banks.
Bellpenny acquires Glasgow-based IFA MGW
Bellpenny, a UK-based wealth manager, has completed the acquisition of MGW, a Glasgow-based IFA business for an undisclosed sum.
Ex-Barclays boss Diamond to float £150 million fund for venture in Africa
Bob Diamond, who was ousted as boss of Barclays in July last year after the Libor rate-rigging scandal, is set to return to banking industry by listing a shell company in London to invest in African banking sector.