All articles by Verdict Staff
Verdict Staff
MassMutual completes merger of asset management businesses under Barings brand
US insurer MassMutual has completed the merger of its four asset management affiliates to create an investment company with more than $275bn in assets.
C. Hoare & Co taps Allfunds Bank as funds platform
C. Hoare & Co, the oldest private bank in Britain, has selected Allfunds as platform provider for its mutual funds.
Investors remain confident in own investment knowledge; keen to learn more
Investors across the globe are confident in their own knowledge of investments and are also keen to improve this knowledge, but majority of them are unable to identify correctly what an investment management company does, according to the Schroders Global Investor Study 2016.
Law firm Howard Kennedy rolls out concierge service
Howard Kennedy, a London-based law firm, has introduced a bespoke legal concierge service for wealthy individuals and their commercial interests.
Aston Hill, Front Street team up to create independent asset manager
Aston Hill Financial and Front Street Capital have entered into an agreement to club their respective companies to create a new independent asset management firm with $3.1bn in asset under management (AUM).
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Two advisory firms join The Strategic Financial Alliances broker-dealer and RIA platforms
A pair of independent financial advisory firms- Carnegie Wealth Management and Carlyle Wealth Management- have joined the broker-dealer and registered investment advisor platforms of The Strategic Financial Alliance (SFA).
Family-offices performance weakens against global challenging markets
Global family offices recorded a weak investment performance, with returns at their lowest for three years, despite gains in private equity, according to a report by Campden Wealth Research, carried out in partnership with UBS.
Denmark to buy leaked Panama Papers data to catch tax evaders
The Danish government has decided to buy data from the Panama Papers leak to clamp down on tax evasion by wealthy individuals.
Praemium to snap up UK pension provider Wensley Mackay
Praemium, an Australian investment administration and financial planning technology firm, has agreed to acquire Wensley Mackay, a UK-based privately-owned Self-Invested Personal Pension (SIPP) provider.
BNP Paribas Investment Partners hires global head of sales
BNP Paribas Investment Partners, the asset management arm of French banking group BNP Paribas, has appointed James Dilworth to the newly created role of global head of sales.