All articles by Verdict Staff

Verdict Staff

Wunderlich Investment buys Dallas-Based investment advisory firm

Wunderlich Investment Company (WIC) has acquired Fiduciary Financial Services of the Southwest, a Dallas, Texas-based privately-held independent investment advisory firm.

Warrington Asset Management expands outside of Morgan Stanley network

Dallas-based Warrington Asset Management has spin out from Morgan Stanley and is now open as an alternative asset management advisor to new clients.

CIFA partners King & Wood Mallesons to develop Cyprus’ investment funds framework

The Cyprus Investment Funds Association (CIFA) has joined forces with law firm King & Wood Mallesons (KWM) to develop the legal and regulatory framework for investment funds in Cyprus.

Europe’s first Islamic bank to open doors on 1 July

Kuveyt Turk Bank is set to open doors in Frankfurt, Germany as Europe’s first fully-functional Islamic bank on 1 July.

D.A. Davidson poaches four financial advisors from Merrill Lynch

D.A. Davidson, an employee-owned full-service investment firm, has hired a team of four financial advisers from Bank of America’s Merrill Lynch arm for its Portland and Salem offices.

Barclays to launch new £100m fast-growth technology fund

Barclays is launching a new £100m fund in UK to help fast growing technology businesses accelerate to the next level.

Invesco Q1 net income surges 38%

Invesco has registered a net income attributable to common shareholders of $259.6m on a GAAP basis for the first quarter of 2015, up 38.2% compared with $187.8m a year ago.

Kames Capital names treasury head

Kames Capital, a UK-based asset manager, has named Brian Jack as head of treasury, a newly created role that combines responsibilities from a variety of positions.

Northern Trust launches new portfolio analytics and compliance service

Northern Trust Hedge Fund Services has launched a new portfolio analytics and compliance (PAC) service to address the demands for transparency and operational controls faced by alternative investment managers.

Contradictions in investor behavior on balancing reward with downside risk: State Street

The pressure to perform is resulting in distinct investor contradictions in three key areas: asset allocation, market expectations, and downside risk protection strategies, according to a global research by State Street Global Advisors (SSGA).