All articles by Verdict Staff

Verdict Staff

BGC Partners completes merger with GFI Group

BGC Partners, a brokerage company servicing the financial and real estate markets, has completed its merger with GFI Group, a provider of trading technologies and support services to the global OTC and listed markets.

Majority of American expats feel FATCA puts them at a disadvantage: Survey

Majority (78%) of Americans who live outside the country feel the Foreign Account Tax Compliance Act (FATCA) negatively impacts their professional pursuits and that compliance is over burdensome, a poll conducted by Americans Abroad Global Foundation (ACAGF) and the University of Nevada has found.

AXA Investment Managers gets new research head

AXA Group has named Laurence Boone as its new chief economist and AXA Investment Managers’ (AXA IM) head of research, replacing Eric Chaney who will retire in September 2016.

SS&C unveils latest version of HiPortfolio investment accounting solution

Fintech provider SS&C Technologies has rolled out the latest version of its investment accounting and asset servicing software HiPortfolio.

Aberdeen Asset Management completes Parmenion Capital acquisition

Aberdeen Asset Management has completed the acquisition of Parmenion Capital Partners, a provider of risk graded portfolios to UK financial advisors, and its sister company, Self Directed Holdings, based in Bristol.

Wealth management firm Robertson Stephens hires new MD

Robertson Stephens, a wealth advisory and investment management firm, has hired Alice Wu as new managing director and president of Asia Region for Robertson Stephens International Group.

Jefferies Wealth selects Envestnet to enhance service and product offerings

Jefferies Wealth Management has partnered with Envestnet, a provider of unified wealth management technology and services to investment advisors, to boost and streamline its wealth management business.

Mutual Trust selects Northern Trust as global custodian

Mutual Trust, an Australia-based multi-family office and wealth management firm, has selected Northern Trust to provide global custody services for a portfolio of international assets.

Invesco acquires advisor-technology provider Jemstep

Asset management firm Invesco has acquired Jemstep, an advisor-focused digital advice platform, for an undisclosed sum.

Dynasty Financial unveils new platform for alternative asset managers

Dynasty Financial Partners, an integrated wealth management services and technology platform for advisors, has joined forces with iCapital Network to launch the Dynasty Select platform of alternative asset managers.