All articles by Verdict Staff
Verdict Staff
Asset management industry contributes 0.35% annually to European GDP: Report
Based on the staff costs, taxes paid and profits of the industry, it is estimated that the European asset management industry contributes an average of 0.35% per year to European GDP and has very significant potential to fill the gap left by banks in providing finance to European economy, according to a report by Jens Hagendorff, Professor of Finance & Investment at the University of Edinburgh, sponsored by EY.
Lebenthal Wealth Advisors selects FolioDynamixs turnkey asset management platform
Lebenthal Wealth Advisors, the wealth advisory arm of Lebenthal Holdings, has selected FolioDynamix, a provider of web-based technology, content and advisory services, for turnkey asset management platform (TAMP).
New wealth management firm launched in Boca Raton, Florida
A new wealth management firm aimed at designing and managing diversified portfolios for HNW families across the world has been launched in Boca Raton, Florida.
Source rolls out new euro-hedged ETF
European ETF provider Source has rolled out a euro-hedged version of its UCITS exchange traded funds on the Xetra platform.
Morningstar integrates its data and reports into eMoneys wealth planning platform
Morningstar, a provider of independent investment research, has integrated its data and reports into the new version of eMoney Advisor’s wealth-planning platform for advisors, emX.
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Institutional investors under pressure to balance short-term market moves, says Natixis Global
Pension funds and other institutional investors believe they will be able to meet their long-term objectives, but it will be difficult to earn stable short-term returns and manage liabilities, says a new study by Natixis Global Asset Management.
Indonesia, Singapore agree to accelerate tax information flows
Indonesia and Singapore have agreed to intensify efforts to share tax-related information to squeeze loopholes on tax evasion in each other’s countries.
Morningstar launches mutual fund and ETF newsletters apps for iPad
Morningstar, a provider of independent investment research, has launched mutual fund and ETF newsletters applications, named FundInvestor and ETFInvestor respectively, for iPad.
Wells Fargo Private Bank hires new CIO
Wells Fargo Private Bank has named Erik Davidson as its new chief investment officer (CIO) replacing Dean Junkans, who will step down at the end of this year.
UCITS net sales jump to EU43bn in October, says EFAMA
Net sales of UCITS have jumped to EUR43bn in October, according to the latest investment funds industry fact sheet published by the European Fund and Asset Management Association (EFAMA).