All articles by Verdict Staff
Verdict Staff
Equiniti appoints Allfunds Bank as fund custodian
Equiniti, a financial and business services outsourcing provider, has appointed Allfunds Bank as its fund custodian.
Billionaire Safra buys Londons Gherkin tower for £726m
Gherkin, one of Londons tallest and most iconic skyscrapers, has been sold to Brazilian billionaire Joseph Safra in a £726m deal.
Strategic Wealth Partners joins Focus Financial Partners
Focus Financial Partners, a partnership of independent wealth management firms, has said that Strategic Wealth Partners, an independent registered investment advisor (RIA) based in Deerfield, Illinois, joined the Focus partnership.
Societe Generale eyes acquisitions in central and eastern Europe
French banking major Societe Generale is reportedly planning to make acquisitions in central and eastern Europe, where the banks existing operations offer potential combined cost savings.
Top investment managers assets reach record levels
Assets managed by the world’s 500 largest fund managers rose by almost 12% to reach a record $76.5trn in 2013, surpassing the previous high of over $69trn set in 2007, according to a study.
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Equities contribute to negative returns in Q3 for US Master Trust Universe, says BNY Mellon
The median return of the BNY Mellon US Master Trust Universe was -0.83% for the third quarter of 2014, ending four straight quarters of positive results.
Stifel Financial completes acquisition of 1919 Investment Counsel & Trust
Stifel Financial has completed the previously announced acquisition of 1919 Investment Counsel & Trust Company, formerly known as Legg Mason Investment Counsel & Trust.
HMRC recovers record £3.65bn in unpaid tax
The UK’s HM Revenue and Customs (HMRC) has reclaimed £3.65bn in unpaid tax through probe of avoidance schemes, evasion and fraud, according to data compiled by international law firm Pinsent Masons.
Investec makes triple hire from UBS for London office
Investec Wealth and Investment (IW&I) has hired three senior investment staff from UBS for its London office.
Northern Trust introduces new small cap fund for institutional investors
Northern Trust Asset Management has unveiled a global small cap fund for institutional investors that cover quality small capitalization stocks across international developed equity markets.