All articles by Verdict Staff
Verdict Staff
Handelsbanken completes aqusition of Heartwood Wealth Group
Swedish bank Svenska Handelsbanken AB has completed the acquisition of Heartwood Wealth Group Ltd, British wealth management firm.
SEC charges ISS in breach of clients’ confidential proxy voting information
The Securities and Exchange Commission today charged charged Rockville, Md.-based proxy adviser Institutional Shareholder Services (ISS) for failing to safeguard the confidential proxy voting information of clients participating in a number of significant proxy contests.
Mesirow launches fiduciary services on RPG platform
Mesirow, a Chicago-based retirement solutions firm, and New York- based RPG Consultants have announced an alliance for 3(38) investment fiduciary services that enables retirement plan sponsors to access best-in-class portfolio management capabilities for their defined benefit and contribution plans.
Anderson Anderson & Brown LLP makes new hire for wealth management division
Anderson Anderson & Brown LLP (AAB) has appointed Chartered Financial Planner, Ricki Garden, to its Wealth Management division (A2+B Wealth).
US municipal bond funds post weekly inflows of $63.46 million -Lipper
US municipal bond funds posted net inflows of $63.46 million in the week ended 22 May, down from the $306.31 million recorded in the previous week, according to data released by Lipper, a unit of Thomson Reuters.
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Growing number of debt issues, funding dividends and buybacks causes concern, Standish
Easing financing terms and the increasing number of corporate debt issues to fund special dividends and share buybacks are two developing trends that could negatively affect bond markets, according to the May Bond Market Observations from Standish, the Boston-based fixed income specialist for BNY Mellon.
Investors show confidence in alternative assets: Preqin
The 2013 Preqin Investor Network Global Alternatives Report, published to help investors navigate alternative asset markets, demonstrates that investors remain committed to their allocations to private equity, hedge funds, real estate and infrastructure.
Lloyds TSB appoints investment advice private clients director for wealth
Lloyds TSB Private Banking has appointed Sarah Deaves as Investment Advice & Private Clients Director for Wealth, based in London. Starting on 1 June, she will report into Russell Galley, Managing Director, Wealth.
President of Islamic Development Bank calls for global Shariah board
Ahmad Mohammad Ali, president of Saudi Arabia-based The Islamic Development Bank (IDB), has called for the creation of a global Sharia advisory board that can offer greater uniformity for the Islamic finance industry.
UBS Wealth Management appoints four new client advisors
UBS Wealth Management has appointed Matt Hoyne, Simon Pearson, Richard Walker and Carl Tremlin as its new client advisors to continue the growth of its business in the regions.