All articles by Verdict Staff

Verdict Staff

St. James’s Place Academy unveils Women’s Initiative in recruitment drive

St. James’s Place, a UK based wealth management group, is launching a Women’s Initiative to focus on the firm’s commitment to help women in business, in particular the benefits of wealth management as a career option for women.

Australia’s IFS plans to triple financial advisor headcount in next three years

Industry Fund Services (IFS), an Australia-based provider of advice services to industry superannuation funds, is planning to triple its advisor numbers in the next three years, according to Financial Standard.

OppenheimerFunds settles six lawsuits in municipal bond funds case

Investment management firm OppenheimerFunds has agreed to pay US$89.5 million to settle six consolidated class action lawsuits relating 2008 financial crisis on several municipal bond funds.

Eaton Vance Management launches Eaton Vance Currency Income Advantage Fund

Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), has launched Eaton Vance Currency Income Advantage Fund (Class A: ECIAX, Class I: ECIIX).

North American and Middle East buyers drive European property investment market: CBRE report

North American and Middle East investors are the major drivers of increased activity in the European commercial real estate market and buyers from outside the region now account for more than a quarter of all transactions in H1 2013, according to the latest data from CBRE.

Skandia UK sales director to retire

Skandia, part of Old Mutual Wealth, has revealed that its UK sales director Steve Powell is planning to retire at the end of 2013, after working with the company for 23 years.

Capital Banking secures software solutions deal from Bank Audi

Capital Banking Solutions has secured a five-year contract from Bank Audi sal – Audi Saradar Group to provide software solutions to support full range of products and services.

Hedge fund manager Karsch planning a consulting firm – report

Hedge fund manager Michael Karsch, who is liquidating his hedge fund firm Karsch Capital Management, is apparently planning a new consulting business.

Regulatory risk is now the top priority for risk managers: EY study

Regulatory risk is now the top priority for risk managers at major organizations and they expect regulatory scrutiny to become even more intense over the next three years, according to EY’s Risk Management for Asset Management survey.

Credit Suisse hires financial banking head for Asia Pacific

Credit Suisse Group has hired Michael Tan from Bank of America to run its financial-institutions investment banking team in the Asia-Pacific region.