All articles by Verdict Staff
Verdict Staff
Deutsche Asset & Wealth Management continues expansion in US
Deutsche Asset & Wealth Management (DeAWM) is continuing its expansion in the US with the appointment of Richard Glass as the US head of small and mid cap value equities.
RDR already having impact on consumer confidence, according to Cofunds advisor poll
Majority (57%) of financial advisors believe the retail distribution review (RDR) has already improved or will improve consumer confidence in financial services, according to a poll conducted by Cofunds.
Russell Investments appoints global CIO
Russell Investments has appointed Jeff Hussey as global chief investment officer (CIO) who will direct the firms asset manager investments and the implementation and the search for new activities worldwide.
Charles Stanley boosts financial planning division with two new hires
Charles Stanley has hired two new members for its financial planning division at its Birmingham office.
Northern Trust releases five-year capital markets outlook
Northern Trust has published its annual long-term forecast for economic activity and financial market returns, emphasizing gradually improving global growth, interest rates remaining below historical averages and uncertainty over central bankers’ ability to create healthy, sustainable economies while gently winding down quantitative easing programs.
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Legal & General and Barclays launch Defined Return Plan 2
Defined Return Plan 2 continues the new series of investments that combines access to Barclays investment expertise and Legal & Generals plan management and administration capabilities in a single bundled offering.
Aquila Capital appoints senior fund manager
Aquila Capital, an independent alternative asset manager, has appointed Dorothee Goerz as senior fund manager.
FINRA slaps $1.42 million fine on Oppenheimer over penny stocks, AML failings
The Financial Industry Regulatory Authority (FINRA) has fined Oppenheimer and Co US$1.42 million for the sale of unregistered penny stock shares and for failing to have an adequate anti-money laundering (AML) compliance program to detect suspicious penny stock transactions.
Pershing’s Albridge Solutions finds interoperability is key to increasing advisor efficiency
Albridge Solutions, an affiliate of Pershing, a BNY Mellon company, released a new white paper that finds advisors must have seamless movement of data between third-party financial services applications in order to improve workflow, increase efficiency and stay ahead of their competitors.
Financial LAB registers two specialised investment funds in Singapore
Financial LAB is introducing its products into the Southeast Asian market by registering two specialised investment funds for sale to accredited investors in Singapore, reports International Adviser.