All articles by Verdict Staff

Verdict Staff

State Street Global Advisors to launch new ETF beyond BRIC

US-based State Street Global Advisors is planning to list a new exchange traded fund (ETF) on London Stock Exchange from 12 November.

Mercer partners with FE and Lipper for wealth portal

Mercer, a New York-based human resource and related financial services consulting firm, has partnered with FE and Lipper to offer technology and data behind its wealth management Mercer Advisor Portal (MAP).

Macquarie bids to buy Lloyds funds arm for US$850 million

Macquarie Group is planning to buy Scottish Widows Investment Partnership (SWIP), an arm of Lloyds Banking Group, for approximately £500 million ($850 million), reported the Wall Street Journal.

Sector-specific private real estate funds more likely to have out-performed: Preqin

Preqin’s performance data shows that US-focused closed-end private equity real estate funds specializing in investments in specific sectors, such as student housing or industrial assets, have outperformed those that invest across a broader range of sectors.

Using exchange-traded funds to grow retirement savings: BMO Wealth Institute

More investors are considering exchange traded funds (ETFs) when determining what investments to include in a retirement savings portfolio, according to a special report by the BMO Wealth Institute.

AMP Capital, China Life Asset Management launch their asset management JV

China Life Insurance Asset Management and Australia-based AMP Capital have officially launched their joined venture asset management entity called, China Life AMP Asset Management (CLAAM).

SEI guide offers insights for European managers targeting US market

SEI has released the ‘Nine Key Considerations for European Managers Approaching the US Market,’ a new guide designed to help European investment managers identify and understand key considerations before undertaking US distribution efforts.

Arbuthnot Latham adds UK’s North West region to its network

Arbuthnot Latham, the private banking and wealth management arm of the Arbuthnot Banking Group, is set to establish a new operation in the UK’s North West region to expand its network.

Genworth Wealth Management embarks on next chapter as Assetmark

Genworth Wealth Management has announced its new name: AssetMark, Inc.

3i Group divests majority stake in Bestinvest to Permira

3i Group has agreed to divest majority stake in its Bestinvest, a UK-based wealth manager and online investment broker, to private equity firm Permira for an undisclosed sum.