All articles by Verdict Staff
Verdict Staff
Schroders unveils new liquid distressed fund on its GAIA platform
UK investment manager Schroders has unveiled a new liquid distressed fund, which aims to tap opportunities in corporate credit and equities.
Investment firm D.A. Davidson to merge with Smith Hayes
US-based investment firm D.A. Davidson has agreed to merge with financial services firm Smith Hayes with nearly $4bn in assets under management (AUM), for an undisclosed amount.
Brown Shipley makes two senior hires
British wealth manager Brown Shipley has hired Alan Evans as client director and team leader for its investment management function, and Greg Mackie as a client senior manager for its wealth planning team.
Close Brothers’ adjusted operating profit up 2%
Close Brothers has registered an adjusted operating profit of £111.2m for the six months to 31 January 2016, a rise of 2% compared to £108.6m a year ago.
Infocus Wealth plans to roll out direct-to-consumer financial advice solution
Australia-based Infocus Wealth Management has unveiled plans to launch a new direct-to-consumer robo-advice solution in May 2016.
Goldman Sachs Asset Management expands ActiveBeta ETFs range
Goldman Sachs Asset Management (GSAM) has expanded its ActiveBeta suite of exchange-traded funds (ETFs) by launching a new Goldman Sachs ActiveBeta Europe Equity ETF and the Goldman Sachs ActiveBeta Japan Equity ETF.
Fund Evaluation partners with family office and wealth management firms for research solutions
Fund Evaluation Group (FEG), a US-based investment advisory firm, has partnered with Legacy Trust Family Wealth Offices and Quadrant Family Wealth Advisors for research solutions.
GUEST ARTICLE: Deadline for near-final ring-fencing submissions and its implications for banks – Deloitte
David Strachan, head of Deloitte’s EMEA centre for regulatory strategy, comments on the deadline for near-final ring-fencing submissions
Maples Fiduciary opens office in Hong Kong
Maples Fiduciary, a division of MaplesFS and a provider of specialised fiduciary and corporate administration services, has opened an office in Hong Kong in a bid to expand its presence globally.
US directs UBS to disclose records of Singapore account
In its latest crackdown on offshore tax evasion, the US Internal Revenue Service (IRS) has asked a federal judge in Miami to force UBS Group to turn over financial records from the Singapore account of US citizen Hsiaw Ching-Yeo.