All articles by Verdict Staff
Verdict Staff
Affiliated Managers Group to acquire minority stakes in five alternative investment firms
US-based asset management firm Affiliated Managers Group (AMG) has agreed to purchase 100% of minority equity interests in five alternative investment firms from Petershill Fund I- Goldman Sachs alternative asset management unit- in a deal worth about $800m.
Rowan Dartington poaches investment manager from Quilter Cheviot
British wealth manager Rowan Dartington has hired Alex Philipson from Quilter Cheviot as investment manager in its London office.
GV Financial Advisors names new senior financial advisor
GV Financial Advisors, the Atlanta-based Behavioral Wealth Management firm, has appointed Sergio De La Torre as its new senior financial advisor.
NorthStar Asset Management, Colony Capital, NorthStar Realty Finance seal merger deal
NorthStar Asset Management Group (NSAM), Colony Capital (Colony) and NorthStar Realty Finance (NRF) have agreed to merge in an all-stock deal, which will create a single real-estate and investment management platform with $58bn in assets.
MAS proposes regulatory sandbox to facilitate fintech experiments
The Monetary Authority of Singapore (MAS) has released a consultation paper proposing a regulatory sandbox that will allow financial and non-financial institutions to experiment with fintech solutions.
Royal London launches online drawdown service for advisers
Royal London has introduced a new online drawdown governance service that will help advisers to easily assess the sustainability of their client’s income on a regular basis.
JP Morgan CEO warns of job cuts if UK votes for Brexit
JP Morgan CEO Jamie Dimon has warned that it may axe up to 4,000 banking jobs in the UK if Britain chooses to leave the European Union.
Rothschild to buy Compagnie Financiere Martin Maurel
Rothschild & Co has agreed to acquire Compagnie Financiere Martin Maurel in a deal that would create a French private bank with combined assets of about EUR34bn ($38.5bn).
BNP Paribas subsidiary THEAM names new head of ETF
THEAM, a division of BNP Paribas Investment Partners offering capital-protected, indexed and model-driven management, has named Isabelle Bourcier as its new head of ETF and indexed fund activities.
BetaShares rolls out ETF model portfolio service for advisers
BetaShares, a provider of exchange traded funds (ETFs) in Australia, has introduced ETF model portfolio service for its financial adviser customers.