All articles by Verdict Staff
Verdict Staff
Self-directed investors want guidance from their firm: J.D. Power
Being a self-directed investor doesnt mean going it alone when it comes to achieving financial goals; self-directed investors really do want a guidance-based relationship with their firm, according to the J.D. Power 2015 U.S. Self-Directed Investor Satisfaction Study.
Invalda INVL to merge activities of its asset management businesses
The Bank of Lithuania has authorised a permission to reorganise the specialised pension fund managing company MP Pension Funds Baltic and transfer the pension funds management business to INVL Asset Management.
Blackstone’s GSO co-founder to step down as senior MD; plans to launch family office
Blackstone’s Doug Ostrover will step down from the role of the firm’s senior managing director and will become senior advisor to the firm, and plans to set up a family office to invest capital and work alongside management teams.
Pension clients want advisers to protect them from themselves: Intelliflo
Financial advisers are regarded as having a key role to play in stopping people making costly errors when it comes to decisions about their pensions, according to a new survey by Intelliflo.
Vanguard rolls out first Hong Kong-listed S&P 500 ETF
Vanguard, a mutual fund firm, has introduced an S&P 500 Index Exchange traded fund listed on the Hong Kong stock exchange.
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Fortress Investment forms alliance with Mount Kellett Capital Management
Fortress Investment Group has formed an alliance with Mount Kellett Capital Management under which a Fortress affiliate will become co-manager with Mount Kellett of the Mount Kellett investment funds and related accounts.
Malaysia, Slovak ink protocol agreement for taxation
The governments of Malaysia and Slovak have signed a protocol agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income.
Affluent Canadians’ average home price tops $1.5m: BMO Private Banking
Wealthy Canadians’ primary residences are worth, on average, $1.5 million, according to a BMO Private Banking study, which examines real estate and high-net worth Canadians (those with investible assets of $1 million or more).
UBS to spin off Australian wealth management business
UBS is spinning off its Australian wealth management arm through a management buyout, following a review of the business.
Takaud rolls out wealth management services
Takaud, a Bahrain-based specialist savings, investment and pensions provider for the MENA region, has introduced new wealth management services.