All articles by Verdict Staff

Verdict Staff

State Street slashes European ETF fees

State Street Global Advisors (SSGA) has cut fees on two European exchange traded funds (ETF) of the SPDR range after reducing the costs of 15 of its core equity and fixed income ETFs earlier this year.

Alliance GI launches four new funds for UK retail investors

Allianz Global Investors has launched four funds for UK retail investors, as well as has made 12 others available by launching new clean fee share classes denominated in sterling.

EFG AM bolsters investment team in London & Hong Kong

EFG Asset Management has appointed Birgir Stefansson as its new senior fund analyst in London and Jaye Chiu as head of investments in Hong Kong.

UBS to nominate Jes Staley for election to its board

Swiss banking giant UBS said that it will nominate Jes Staley for election to its board on 7 May 2015.

UBS names new CEO for UK business

Swiss banking giant UBS has promoted Andrea Orcel, who currently heads the investment bank, as new CEO of its UK arm, replacing Mark Yallop.

Crime, corruption, tax evasion drained $991.2bn in Illicit financial flows from developing economies in 2012: Study

A record $991.2bn in illicit capital flowed out of developing and emerging economies in 2012 — facilitating crime, corruption, and tax evasion, according to the latest study released by US-based Global Financial Integrity (GFI).

A focus on Latin America’s wealth

Formed in August 2014, Berkeley LatAm is a joint venture between Berkeley Law, the leading London-based boutique law firm specialising in wealth advice for HNWI in the UK and overseas, and Colin Maltby, a UK qualified lawyer and private banker. Maltby discusses unique client needs and opportunities and threats in the LatAm wealth landscape

Despite opportunities created by roboadvisor market, advisors in dark: Hartford survey

New survey data from Hartford Funds has revealed that consumers and advisors are under-informed about the evolution of online investment options such as roboadvisors.

UMB Financial to acquire Marquette Financial for $182.5m

US-based UMB Financial Corporation has inked an agreement to acquire Pohlad family-owned Marquette Financial Companies in an all-stock transaction worth almost $182.5m.

Duff & Phelps to buy Kinetic Partners

Duff & Phelps Corporation, a valuation and corporate finance advisor, has signed a definitive agreement to acquire Kinetic Partners, a professional services firm.