All articles by Verdict Staff
Verdict Staff
Aberdeen Asset Management launches two Asian bond funds
Aberdeen Asset Management has expanded its fixed income funds range by launching two new Asian bond funds.
Charles Stanley hires new intermediary distribution head
Wealth manager Charles Stanley has named Mark Pittaccio as new head of intermediary distribution.
Morningstar to buy portfolio rebalancing platform Total Rebalance Expert
Investment research firm Morningstar has agreed to purchase Total Rebalance Expert (tRx), an automated, tax-efficient investment portfolio rebalancing platform for financial advisors, from FNA.
Swiss firm Schaffhauser Kantonalbank reaches tax evasion deal with US DoJ
Switzerland bank Schaffhauser Kantonalbank (SHKB) has reached resolution with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.
Lynx Asset selects HSBC for administration and global transfer agency services
Sweden-based Lynx Asset Management has selected HSBC Securities Services (HSS) to provide administration and global transfer agency services to its two Swedish onshore fund vehicles, which have nearly $1bn in assets under management.
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Deutsche AWM bolsters European equities team
Deutsche Asset & Wealth Management (Deutsche AWM) has hired Hilary Aldridge and Alex Sloane as equity market investment specialists to its UK active asset management business.
EQ hires ex-Bestinvest executive to establish simplified advice team
Wealth manager EQ Investors, led by Bestinvest founder John Spiers, has hired Sally Collins to manage the firm’s simplified advice ‘Simply EQ’, which is slated to be launched at the end of October 2015.
Dressander|BHC enters into strategic partnership with Horter Investment
Financial marketing organization Dressander|BHC has entered into a strategic alliance with Horter Investment Management, to help independent advisors create stronger and more successful practices.
Harcourt rolls out alternative leaders fund in SICAV-SIF format
Harcourt, the alternative investment brand of Vontobel Asset Management, has launched the Harcourt Alternative Leaders Fund, a strategy- focused fund of hedge funds strategy, in a SICAV-SIF format.
Blackstone to pay $39m to settle SEC charges over fee disclosure failures
US buyout firm Blackstone Group has agreed to pay about $39m to Securities and Exchange Commission (SEC) for failing to disclose all the fees arrangements to investors.