All articles by Verdict Staff

Verdict Staff

Ashcourt Rowan MD departs to join his own family office

Ashcourt Rowan’s managing director of asset management division, David Esfandi has left the firm after just 21 months and will be joining his family office, Dwyer Asset Management, according to Portfolio Adviser.

American investment advisors manage assets worth US$54.8 trillion: Study

American investment advisors managed assets worth US$54.8 trillion as of April 2013, an increase of nearly 11% from the US$49.4 trillion reported in July 2012, according to new research by the Investment Adviser Association and National Regulatory Services (NRS).

WMSI acquires financial communications business of S&P Capital IQ

Wealth Management Systems (WMSI) has acquired S&P Capital IQ’s Financial Communications (FC) business to help its clients maximize the value of customer engagement.

Schroders survey reveals increasing confidence in equity markets

Nearly half (50%) of intermediary clients who attended Schroders Investment Conference expect European equities to be the best performing asset class over the next 12 months, while a fifth (20%) favour US equities.

Jupiter Fund Management appoints new marketing head

Jupiter Fund Management has appointed Richard Wilson as its new head of marketing, effective from 6 November 2013.

SS&C Technologies buys fund administrator Prime Management

US-based SS&C Technologies has acquired Prime Management Limited, a Bermuda based insurance linked securities fund administrator, which has US$6 billion in assets under management.

Resource Real Estate launches property securities strategy in Australia

US-based Resource Real Estate (RRE) has partnered with Australian-based Channel Capital to launch a institutional real estate global securities business called as RRE Global Property Securities (Australia).

Tullett Prebon Information to provide Thomson Reuters with Chinese bond data

Tullett Prebon Information (TPI), a provider of independent real-time price information from the global over-the-counter financial and commodity markets, will now be providing Thomson Reuters with Chinese bond data.

Hargreaves Lansdown delays launch of new pricing structure

Hargreaves Lansdown has delayed the launch of its new rebate-free pricing structure, which includes the switch to super clean pricing on funds.

Majority of affluent Canadians better off now than before 2008 recession: BMO study

The majority of affluent Canadians believe they are more financially secure now than they were before the 2008 recession, according to a new BMO Harris Private Banking study.