All articles by Verdict Staff
Verdict Staff
Standard Life Investments, John Hancock partner to launch new fund in US
Standard Life Investments has partnered with John Hancock Investments to launch a new fund in the US.
FCA appoints new chairman of money advice service
Former Life Trust Holdings CEO Andy Briscoe has been appointed chair of the Money Advice Service.
Bond issuance by unrated companies double in Europe
On average bond issuance by unrated companies has accounted for a tenth of overall European corporate bonds over the past three years, with much of the volume driven by first-time issuers, typically small and medium-sized enterprises.
China launches campaign to eliminate misleading financial advertisements
The China Banking Regulatory Commission (CBRC) has started a nationwide campaign to eliminate financial advertisements which claims huge returns at no risk, according to Reuters.
Premature selling of placing shares may constitute illegal short selling, says Hong Kong SFC
The Securities and Futures Commission (SFC) has reported that investors and intermediaries could face criminal prosecution for illegal short selling if they sell placing shares before completion of a placement.
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Rathbone pre tax profit rises by 17% in first half
British wealth management firm Rathbone Brothers has reported a profit before tax of £23.2 million (US$35.05 million) for the six months ended 30 June 2013, an increase of 17.2% compared to £19.8 million (US$29.9 million) for the same period of 2012.
Hadlow Edwards Wealth Management opens new office in Chester
Hadlow Edwards Wealth Management has expanded its presence in the UK by opening of a new office in Chester.
Jupiter Fund Managements AuM rises by 24% in H1
Jupiter Fund Managements assets under management (AuM) were £29 billion (US$43.9 billion) for the six months ended 30 June 2013, a 23.9% increase compared to £23.4 billion (US$35.4 billion) for the same period previous year.
Majority of Canadians believe lack of estate plan can cause family strife: BMO study
More than half (54%) of Canadians believe that the potential for conflict among family members after the death of a loved one represents the most serious drawback of not having early and ongoing estate planning conversations, according to a new report from BMO Wealth Institute.
Alternative investment management and advisory group CedarKnight launches
Founded by Gilly Uppal and Kenyon Abel, CedarKnight enters the market as an independently owned boutique asset management group. Its mainstay will be high value niche investment strategies, historically deployed by proprietary structuring desks at leading banks.