All articles by Verdict Staff
Verdict Staff
HighTower lures US$700 million advisory team from Merrill Lynch
The Andriole Group, a Madison based wealth management firm managing US$700 million in clients assets, has left Merrill Lynch Wealth Management to join Chicago-based HighTower Advisors.
Mattioli Woods expands structured product portfolio with new investment plan
As part of Mattioli Woods’ ongoing initiative to expand as a broader wealth management business, the company has announced a new investment opportunity for its clients.
Signature Bank adds three private client banking teams to its network
Signature Bank, a New York-based full-service commercial bank, has added three private client banking teams to its network.
Maybank AM unveils new global bond fund
Maybank Asset Management (Maybank AM) has unveiled Maybank Global Bond Fund, a new bond fund that invests in sovereign debt in emerging markets.
Cantor Fitzgerald Europe bolsters credit fixed income business
Cantor Fitzgerald Europe, a leading global financial services firm, has announced the continued growth of its European credit fixed income sales and trading business with the appointment of Sara Simmons and Per Mortensen as Managing Directors based in London.
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Creative Marketing launches new service to RIAs
Creative Marketing has expanded its operations by adding a team dedicated to serving the needs of Registered Investment Advisors (RIAs).
ANZ Bank to open sub-branch in Shanghai
Australia and New Zealand Banking Group (ANZ) has received approval from the China Banking Regulatory Commission to establish a sub-branch in the China (Shanghai) Pilot Free Trade Zone.
Canada Life Investments merges UK equity funds to create £500 million vehicle
Canada Life Investments has merged its CF Canlife General and CF Canlife Growth funds to form a new £500 million fund to further expand into the UK market.
Russia mulls legislative ban on offshore tax-evasion schemes
Russias Investigative Committee has called for a legislative ban on business that serves no other purpose other than obtaining tax exemptions in offshore jurisdictions.
Net inflows of long-term UCITS increase to EUR 9 billion in September 2013: EFAMA
The European Fund and Asset Management Association (EFAMA) has published its latest Investment Fund Industry Fact Sheet, which provides investment sales and asset data for September 2013.