All articles by Verdict Staff

Verdict Staff

Penn Mutual Life Insurance Company’s Possibility Potion Facebook App Wins 2013 Internet Advertising Competition Award

The Penn Mutual Life Insurance Company’s Possibility Potion app on Facebook was presented the Best Financial Services Social Media Campaign award, one of The Web Marketing Association’s 2013 Internet Advertising Competition Awards.

Psigma halves management charges on discretionary range

Psigma Investment Management has halved the annual management charge (AMC) on its discretionary fund range from 1% to 0.5%.

Bellpenny enters into strategic alliance with Brooks Macdonald

Wealth manager Bellpenny has signed a deal with Brooks Macdonald Asset Management (BMAM) to give its clients access to Brooks’s range of discretionary investment services.

FTI Consulting Appoints Jennie Younger to the Strategic Communications Practice in London

FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organisations protect and enhance their enterprise value, today announced the appointment of Jennie Younger as a Senior Managing Director in the firm’s Strategic Communications practice. She will be based in London.

UBS Australia head of hedge fund sales moves to New York

The head of hedge fund sales for UBS Australia, Thomas Anglin, has relocated to New York as part of the creation of a new global sales desk.

Ongoing global recovery favours risky assets, despite Eurozone turmoil: SGPB

Risky assets are being favoured globally and the momentum is likely to increase, despite the Eurozone political situation being volatile and investors fostering market nervousness, according to the recent Investment Strategy & Markets Insights March edition published by Societe Generale Private Banking (SGPB).

Knight Capital selects BNP Paribas for clearing and custody services

Knight Capital Europe Ltd has mandated BNP Paribas Securities Services to provide clearing and custody services on a pan-European scale.

Concept Asset Management hires Richard DiVenuto as partner

Concept Asset Management, part of Concept Capital Markets, LLC, has hired Richard DiVenuto as partner.

Luxembourg may open up banking sector to greater scrutiny

Luxembourg may consider opening up its banking sector to greater scrutiny to help curb tax evasion, the country’s finance minister Luc Frieden told German newspaper Frankfurter Allgemeine Sonntagszeitung.

Ex-Merrill, Deutsche Bank broker asked to pay investor US$11 million

An arbitration panel has ordered a ex-broker of Merrill Lynch, Deutsche Bank and Oppenheimer & Co to pay nearly US$11 million to a New Hampshire investor who alleged that the broker misrepresented securities and sold him unsuitable investments.