All articles by Verdict Staff
Verdict Staff
American Independence signs strategic partnership with Cougar Global Investments
American Independence Financial Services, a New York-based investment advisory firm, has signed a strategic partnership with Cougar Global Investments, a Toronto-based investment manager specializing in global tactical ETF portfolios.
FCA begins second phase of RDR review
The Financial Conduct Authority (FCA) has sent 120 advisory firms a detailed questionnaire that will form the basis of second phase of its statistically significant Retail Distribution Review (RDR).
AFH Financial acquires CH Financial in £1million deal
Worcestershire-based AFH Financial has acquired Hemel Hempstead-based CH Financial in a deal worth £1 million.
Asset managers could pose risks to financial system, says US Treasury
Asset managers could pose risks to the US financial system when reaching for higher returns, herding into popular asset classes or amplifying price movements with leverage, according to a study released by the US Department of the Treasury’s Office of Financial Research (OFR).
Rule Financial opens new office in Costa Rica
London-based consultancy firm Rule Financial has opened its first office in Costa Rica to meet a growing demand from clients in North America for near shore delivery services.
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David Cameron rules out mansion tax
British Prime Minister David Cameron has ruled out the option of imposing mansion tax even if he is re-elected in the 2015 general election.
City Financial poaches former Morningstar OBSR pair
City Financial has hired former Morningstar OBSR duo Peter Toogood and Gill Hutchison to lead the firm’s fund research as it looks to expand its multi-asset business.
BNY Mellon’s Dreyfus Corporation launches new fund
The Dreyfus Corporation, a BNY Mellon company has launched the Dreyfus Floating Rate Income Fund, an actively managed mutual fund to seek high current income by investing in floating rate loans and other floating rate securities.
Wealth management industry must transform legacy infrastructure for long-term success: SEI
The current technology infrastructure in the wealth management space poses a major obstacle to progress as the industry struggles to adapt to an increasingly challenging environment, according to a whitepaper released by SEI.
Eastspring Investments opens UK office
Eastspring Investments, the Asia asset management arm of UK-based Prudential, has opened its UK office enabling the fund house to take its Asia investment expertise to prospective UK and European investors.