All articles by Verdict Staff
Verdict Staff
DBS Group registers 4% rise in Q4 profit
DBS Group has posted net profit of SGD838m for the fourth quarter of 2014, an increase of 4% from a year ago.
Wellspring Advisor joins LPL Financial platform
Wellspring Advisor Group, a newly launched independent financial advisory firm, has joined the LPL Financial broker-dealer platform.
Brooks Macdonald poaches Vestra Wealth investment director
Brooks Macdonald Asset Management has appointed Jim Mackie as its new investment management director for its managed portfolio service (MPS) team in London.
UBS wealth arm reports strongest Q4 result since 2008
The wealth management arm of UBS has achieved an adjusted profit before tax of CHF694m, the strongest fourth quarter result since 2008.
Man GLG appoints new head of US distressed credit
Man GLG, the discretionary investment management business of Man Group, has appointed Himanshu Gulati as the new head of US Distressed Credit, based in New York.
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Morgan Stanley collaborates with Tremblant Capital to launch Ucits equity fund
Morgan Stanley has teamed up with Tremblant Capital to launch an Ucits-compliant long/short equity fund for the boutique under its FundLogic Alternatives umbrella.
deVere bolsters Australian footprint with new Sydney office
Global independent advice giant deVere Group has expanded its Australian footprint by opening an office in Sydney.
Raymond James hires two RBC advisers
Raymond James & Associates, a unit of Raymond James Financial, has hired Paul Berman and Joshua Rosenzweig for its full-service brokerage unit.
Fidelity Investments launches new interactive calculator for financial advisors
Fidelity Investments has launched the Fidelity Sector Investigator, an interactive calculator that leverages proprietary Fidelity research to help financial advisors build more effective equity portfolios through potential sector performance opportunities.
Global growth should accelerate from levels of past three years: BNY Mellon chief economist
Global gross domestic product (GDP) growth should accelerate somewhat in 2015 and 2016 from the pace of the last three years because of much lower oil prices, the avoidance of special drags on the world economy, and continuing easy monetary policies from global central banks, according to BNY Mellon chief economist Richard Hoey.