All articles by Verdict Staff
Verdict Staff
Wells Fargo Asset Management forays into Norwegian fund market
Wells Fargo Asset Management has expanded its presence in Europe by registering a range of its investment sub-funds under the Wells Fargo (Lux) Worldwide Fund for distribution in Norway.
Almost half of high income investors have definite plans for retirement: Spectrem study
Almost half of the High Income investors who have not yet retired have definite retirement plans and want to retire within 10 years, according to a new Spectrem study.
Schroders unveils Luxembourg version of Asian Maximiser fund
Schroders has unveiled a Luxembourg version of its UK-domiciled Asian Dividend Maximiser fund, which will provide exposure to high dividend stocks in Asia- Pacific (ex-Japan).
Barclays appoints new trust and fiduciary specialist in Isle of Man
Barclays Wealth and Investment Management has appointed Janice Turnbull as a vice president and trust and fiduciary specialist within its Isle of Man trust business.
SEC charges 10 brokers for roles in McGinn Smith Ponzi Scheme
The Securities and Exchange Commission has charged against 10 former brokers at an Albany, New York-based firm at the center of a US$125 million investment scheme for which the co-owners have received jail sentences.
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S&P Capital IQ introduces new ETF style classification system
Building on its success as the developer of the GICs industry classification structure, S&P Capital IQ has introduced a new system called Exchanged Traded Funds (ETF) Style Classifications.
Mattioli Woods strengthens pension offering in Scotland
British wealth management firm Mattioli Woods has increased its pension offering in Scotland with the appointment of a new SIPP and SSAS consultant, Stephen Wilson.
Third Financial buys ActiveBank business
London-based wealth management software provider Third Financial has acquired the ActiveBank business from Temenos for an undisclosed sum.
Eastspring Investments appoints new head of retail sales for Hong Kong
Eastspring Investments, the asset management arm of Prudential Corporation Asia, has appointed Nathalie Lou as head of retail sales for Hong Kong.
SEI appointed as fiduciary manager for £127 million Sappi UK pension scheme
SEI has been appointed as fiduciary manager by the Trustees of the Sappi UK defined benefit pension scheme (Sappi).