All articles by Verdict Staff

Verdict Staff

FCA launches investigation into global currency market

The Financial Conduct Authority (FCA), a quasi-governmental agency in the UK, is conducting investigations alongside several other agencies into a number of firms relating to trading on the foreign exchange (forex) market.

Commonwealth Financial Network’s financial advisor establishes new firm

Commonwealth Financial Network’s financial advisor Bryan Koslow has established a new firm to serve individuals, families, and small business owners that have traditionally been underserved by the wirehouse and banking community.

OppenheimerFunds expands global multi-asset allocation group

OppenheimerFunds announces an expansion of its multi asset capabilities with a newly formed Global Multi-Asset Group (GMAG).

Axioma enters multi-asset class space with launch of Axioma Risk

Axioma has entered into the multi-asset class risk space with the introduction of Axioma Risk, a next-generation risk-management platform for risk officers, portfolio managers, asset owners and consultants.

BNY Mellon appoints new COO for asset management unit

BNY Mellon Asset Management International has roped in former Aviva Investors executive Heneg Parthenay as chief operating officer (COO) of its asset management division.

WisdomTree launches new Germany hedged equity fund

US-based ETF sponsor and asset manager WisdomTree has launched a new Germany Hedged Equity Fund (DXGE), which is designed to provide exposure to German equity markets.

Liechtensteinische Landesbank to sell equity stake in Jura Trust

Liechtensteinische Landesbank (LLB) has signed an agreement to sell its equity stake in the Jura Trust business to the chairman of the Trust, as part of a management buyout, according to 4 traders.

Vietcombank Fund Management to launch new open ended mutual fund

Vietcombank Fund Management has joined forces with Franklin Templeton Investments to launch a balanced open-ended mutual fund in Vietnam.

Credit Suisse appoints Greater China Private Banking head

Swiss-based Credit Suisse has appointed Luo Liuyi as managing director of its private banking in Asia-Pacific region and a market leader for Greater China.

Rinehart Wealth Management appoints new members to its advisory board

Rinehart Wealth Management has appointed three financial executives Ken Thompson, Charles Conner and Cindy Wolfe to its newly formed advisory board, according to Charlotte Business Journal.