All articles by Verdict Staff
Verdict Staff
Walker Crips posts 26% rise in discretionary and advisory AuM
Walker Crips Group, a UK-based wealth management firm, has said that its discretionary and advisory assets under management (AuM) for the six months ended 30 September 2014 rose 26.1% to £1.45bn, from £1.15bn a year ago.
JPMorgan signs municipal bond agreement with LPL Financial
JPMorgan Chase & Co. has signed an agreement with LPL Financial to provide access to new issue municipal bonds to LPL financial advisors.
Old Mutual Global Investors signs distribution agreement with AIVA
Old Mutual Global Investors has inked a distribution agreement with Uruguay-based AIVA to broaden the availability of its fund range in the US and Latin American offshore market.
Intelliflo appoints new CEO and executive chairman
Intelliflo has appointed Hamish Purdey as CEO, with Nick Eatock moving up to the role of executive chairman, effective from 17 November 2014.
Deutsche Bank expects Asia-Pacific revenue to rise by 10%
Deutsche Banks Asia-Pacific revenue may expand 10% or more over the next three to five years, the banks co-chief executive officer for the region, Gunit Chadha, told Bloomberg.
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State Street research predicts widespread increase in risk appetite among pension funds
Over the next three years, 77% of pension funds expect their appetite for investment risk to increase to enable them to meet long-term liabilities and deliver optimal value for members – particularly in a low interest rate environment, according to a report from State Street.
ANZ suspends seven staff over interest rate rigging probe
Australia & New Zealand Banking Group (ANZ) has suspended seven staff pending the outcome of an investigation into suspected manipulation of Australia’s interest-rate benchmark.
Ex-Landsbanki CEO sentenced to jail for role in 2008 crisis
An Icelandic court found Sigurjon Arnason, former CEO of Landsbanki of Iceland, guilty of market manipulation in the lead up to the 2008 financial crisis and sentenced him to 12 months in prison.
Majority of millennial investors have a financial plan, Nationwide survey finds
Nearly 64% of millennial investors aged 18 to 35 say they have a financial plan, according to a new investor behaviour survey conducted by the Nationwide Retirement Institute.
Wealth tech firm WDX reports 700% rise in revenues over past 12 months
WDX, a wealth management tech firm, has reported a 700% rise in revenues over the past 12 months driven by technological and cultural change demanded by conduct risk regulations for the UKs wealth management sector.