All articles by Verdict Staff
Verdict Staff
Mandarine Gestion selects Harrington Cooper to distribute funds in UK
French asset manager Mandarine Gestion has selected Harrington Cooper to distribute its funds in the UK.
Microgen inks deal to acquire wealth management software provider
Microgen, UK-based enterprise software provider, has signed an agreement to acquire Unity Software, a Jersey-based provider of wealth management software for the offshore finance industry.
Funded Status of US corporate pensions rises to 89.9%, says BNY Mellon ISSG
The funded status of the typical U.S. corporate pension plan increased 0.4 percentage points to 89.9% in November as assets increased faster than liabilities, according to the BNY Mellon Investment Strategy and Solutions Group (ISSG).
Aberdeen Asset Management creates new unit to drive diversification-report
Aberdeen Asset Management has, reportedly, formed a seven-member task force group to drive the growth of its alternatives, multi-asset and quantitative investments divisions.
Advisors believe in the bull market for 2015: SEI poll
Despite concerns about a market correction, a majority of advisors are optimistic about 2015 market performance, according to an SEI Quick Poll released recently.
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Haitong Securities in talks to acquire investment banking unit of BES
China-based brokerage Haitong Securities is in discussions to acquire the investment banking unit of failed Portuguese bank Banco Espírito Santo (BES).
True Potential to foray into fund management market
True Potential, a UK-based financial services firm, is planning to foray into the fund management market by launching a range of 15 new funds in the first quarter of 2015.
Canaccord Genuity Wealth Management hires new intermediary sales head
Canaccord Genuity Wealth Management (CGWM), a subsidiary of the Canadian banking and financial services company Canaccord Genuity, has appointed Sean Taylor as its new head of intermediary sales based in the UK.
BMO Financials wealth arm sees 27% dip in Q4 income
BMO Financial Group’s wealth management division has reported a net income of C$226m for the fourth quarter of 2014, down 27% from C$311m a year earlier.
Fidelity Institutional announces new collaboration with LearnVesttm
Fidelity Institutional, the division of Fidelity Investments, has announced a new collaboration with LearnVestTM, as well as additional resources to help advisors explore options to digitize their practices.