All articles by Verdict Staff
Verdict Staff
AFH Financial Group buys AG Financial Planning
AFH Financial Group has acquired Bridgend, Wales based IFA AG Financial Planning for £422,000.
Heidrick & Struggles acquires Scambler MacGregor
Heidrick & Struggles International has acquired Scambler MacGregor, an Australian-based retained Executive Search boutique that serves the needs of the financial services industry.
TOBAM appoints new head for marketing division
TOBAM, a Paris-based quantitative asset manager, has appointed Rudyard Ekindi as head of marketing division.
Opposition party forces Maltese government to delay citizenship-for-cash scheme
Following a strong opposition by the Nationalist Party the Maltese government has delayed the implementation the controversial cash-for-citizenship scheme that would allow high-net-worth individuals to buy a Maltese passport for 650,000 (£546,000).
Blackstone appoints head of private equity portfolio operations
Blackstone has appointed David Calhoun, the CEO of Nielsen Holdings N.V., will join Blackstone as a Senior Managing Director and Head of Private Equity Portfolio Operations.
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Resolution in talks to sell wealth management division Lombard
Resolution (RSL), a Guernsey-based investment firm and parent company of Friends Life, is currently in discussions to sell its Lombard wealth management division.
Liechtenstein, San Marino extend support to international tax co-operation
International efforts to combat tax evasion and avoidance got a boost as additional countries and jurisdictions agreed to join more than 60 other countries in tax co-operation through a key multilateral tax instrument during the first day of a global meeting in Jakarta, Indonesia.
SIX Financial supports asset managers and insurers with Solvency II reporting
SIX Financial Information now offers extensive cross-asset reference data to help insurers, asset managers and custodians comply with the European Union’s Solvency II Directive.
European Parliament rejects proposal to cap advice costs
The European Parliament has dropped plans to introduce a cap of 200 on adviser’s hourly charges, following new European packaged retail investment products regulations.
Half of investors express dissatisfaction with fees charged by infrastructure funds: Preqin
Nearly 49% of infrastructure investors surveyed by Preqin disagree or strongly disagree that fund managers’ and investors’ interests are properly aligned when it comes to fund terms and conditions, according to the company’s November edition of Infrastructure Spotlight research.