All articles by Verdict Staff
Verdict Staff
Henderson Global Investors appoints chief operating officer
Henderson Global Investors has appointed Sophia Rahmani as chief operating officer with the firm’s Australian funds business, InvestorDaily reported.
Front Street Capital and Sprott Asset Management announce completion of objectives
Front Street Capital 2004 (FSC), the manager of Front Street Strategic Yield Fund Ltd., and Sprott Asset Management LP (Sprott), the manager of Sprott Flatiron Yield Trust and Flatiron Market Neutral LP (FMN LP), have announced today that they have fulfilled the objectives previously set out for the co-investment advisory appointments of Front Street
Investment Management Inc. (FSIMI) and Sprott to certain funds described below and that these funds are well-positioned going forward.
ABLV Bank Luxembourg implements New Access SAs Logical Access Suite
ABLV Bank in Luxembourg has implemented the Logical Access Suite of New Access SA, the Swiss banking software provider.
NEW PHASE IN THE TRANSFORMATION: ORGANISATION CHANGES & APPOINTMENTS
After taking a decisive step in its transformation in 2012, with major progress in building up its financial solidity, Societe Generale is entering a new phase of its Ambition SG 2015 programme to reinforce its universal banking model, centred on three pillars of excellence, and continue to adapt to the new economic and regulatory situation and the changing expectations of its clients. The Group thus plans to reinforce its organisation by further refocusing on its core businesses and simplifying its operating structures and methods.
First Trust Advisors launches Preferred Securities and Income ETF
First Trust Advisors LP (First Trust), a provider of more than 200 investment products, has launched a new actively managed exchange-traded fund (ETF), the First Trust Preferred Securities and Income ETF.
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Pershing Recommends Four Strategies for Advisors Looking to Capitalize on Today’s Industry Challenges and Build a Long-Lasting Business
Pershing LLC, a BNY Mellon company, today announced the release of its latest study, Advisor of the Future II: Building a Business to Last. This independent study details how the advisory industry can respond to the challenges that many advisors face. Implementation of the four strategies outlined in the study can help firms generate income, earn a reputation for providing quality advice, providing superior client service and establish a sustainable business.
TD Wealth appoints wealth market leader for New York City
TD Wealth has appointed Mason C. Salit as the wealth market leader for New York City.
Russia Hemorrhages at Least US$211.5 Bln in Illicit Financial Outflows from 1994-2011 -New GFI Study
The Russian economy hemorrhaged US$211.5 billion in illicit financial outflows from 1994the earliest year for which data is available following the dissolution of the Soviet Unionthrough 2011, according to a new report released Wednesday by Global Financial Integrity (GFI), a Washington, DC-based research and advocacy organization. The study, titled Russia: Illicit Financial Flows and the Role of the Underground Economy, [HTML | PDF] also measures massive illicit inflows to the Russian economy of $552.9 billion over the 18-year time-span, raising serious questions about the economic and political stability of the nation currently chairing the G20.
Baird appoints managing director for its healthcare investment banking team
Baird, an employee-owned, international financial services firm, has appointed Bill Suddath as the managing director to its healthcare investment banking team, focusing on Healthcare IT and Services.
Santander UK reviews advice unit, 800 jobs at risk
Santander’s UK arm has reviewed the advice unit and has resulted in 800 jobs risk, Reuters reported.