All articles by Verdict Staff
Verdict Staff
Affluent investor confidence improves in November: Spectrem
The strong market results, which are reaching record numbers, seem to have an effect upon Affluent investors, according to a research by Spectrem Group.
Significant gap between perception and practice of ethical behaviour in financial services
Although financial services executives overwhelmingly recognise the importance of ethical behaviour in the industry, there is still a significant gap between that belief and the industry’s practices, a study released by the Economist Intelligence Unit and sponsored by CFA Institute.
Goldman Sachs AM launches first US closed-end fund
Goldman Sachs Asset Management (GSAM) has launched Goldman Sachs MLP Income Opportunities Fund, its first closed-end fund in the US.
Terrapin AM acquires hedge fund advisory business of Hennessee Group
Terrapin Asset Management, a privately owned hedge fund sponsor, has acquired the hedge fund and private equity fund advisory business of Hennessee Group.
Standish sees Fed tapering more likely in January or March than December
The US Federal Reserve could justify tapering its US$85 billion quantitative easing (QE) program at any of its next three meetings based on the recent economic data, but January or March 2014 are more likely than December 2013, according to the November Bond Market Observations from Standish.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Non-millionaire investors get their groove back as market rises: Spectrem
In a month that saw the Dow reach unprecedented highs (over 16,000), Affluent investors intend to wade back in to the market, according to Spectrem Group’s monthly survey of investment preferences.
MGC Hayles partners with wealth manger Westerby Group
Accountancy firm MGC Hayles has entered into an agreement with independent wealth management specialists Westerby Group to offer expanded services to their clients.
AXA Advisors creates new financial planning group in US
AXA Advisors has formed a new financial planning group to serve clients with a variety of financial needs.
Vertex One Asset Management announces the launch of the Vertex Arbitrage Fund
Vertex One Asset Management has launched a new fund called the Vertex Arbitrage Fund.
European infrastructure assets witness three-fold increase in capital raised since 2011: Preqin
The capital raised for Europe-focused unlisted infrastructure funds has more than tripled since 2011, from 11 funds raising an aggregate 2.6bn that reached a final close 2011 to 13 funds closed in 2013 so far that have raised an aggregate 9.1bn, according to a new research from Preqin.