All articles by Verdict Staff
Verdict Staff
Northern Trust selects Broadridge solution to boost fund administration capabilities
Northern Trust has implemented Broadridge Financials Revport tool to enhance fund administration and transfer agency capabilities for US mutual funds.
FTSE Russell collaborates with Trendrating to develop new momentum indexes
UK-based index provider FTSE Russell has entered into a collaboration agreement with Trendrating, a Swiss-based momentum analytics firm, to develop new innovative momentum indexes.
ASIC imposes extra licence conditions on Macquarie Bank for mishandling client money
Australian Securities and Investments Commission (ASIC) has imposed additional conditions on Macquarie Bank’s Australian financial services licence after finding that it misused client money for ten years.
Novia unveils two smart beta ETF portfolios for UK advisors
Copia Capital Management, the discretionary fund manager of Novia group, has unveiled two new smart beta ETF portfolios to target the UK advisor market.
Wealth manager EQ Investors hires investment management head
Wealth manager EQ Investors, led by Bestinvest founder John Spiers, has hired Mike Neumann as head of investment management.
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MassMutual to combine asset management affiliates under Barings brand
MassMutual, a US-based mutual life insurance company, is planning to combine its four institutional asset management affiliates under the Barings brand.
Two Cayman Islands financial firms plead guilty in tax evasion scheme
Two Cayman Islands-based financial firms, Cayman National Securities and Cayman National Trust, have pleaded guilty in Manhattan Federal Court to conspiring to help US taxpayers hide more than $130m in offshore bank accounts from the US Internal Revenue Service (IRS).
Cazenove Capital names new wealth management head for Singapore
Cazenove Capital Management, the wealth management arm of Schroder Group, has named Simon Lints as head of wealth management for Singapore replacing Swan Khing Go.
Fiserv adds new advisor tools to its Unified Wealth Platform
Fiserv, a provider of financial services technology solutions, has added new RPM and RPA portfolio management and trading technology solutions to its Unified Wealth Platform for advisors.
Rothschild & Co to acquire L&Co Belgium
Rothschild & Co, the parent company of the Rothschild Group, has agreed to acquire L&Co Belgium, which provides financial advisory services to a diversified set of clients including large corporates, public sector entities and private equity groups.