All articles by Verdict Staff
Verdict Staff
Advisors are packing DC Plans with passive investment options: Cogent Reports
Responding to industry pressure to reduce overall plan costs, including internal management fees, financial advisors are significantly changing their fund lineup to include more passive investment options in the defined contribution (DC) plans they manage.
More than 50 countries join hands to combat tax evasion
Finance ministers and tax chiefs from 51 countries have inked an agreement for the automatic exchange of tax information, in an effort to reduce tax evasion.
Blackstone to acquire Philadelphia Financial for $155m
Blackstone’s Tactical Opportunities Group has agreed to acquire Philadelphia Financial Group from Tiptree Financial in a deal worth $155m in cash.
Deutsche Bank inks deal with Invesco PowerShares for PowerShares DB fund suite
DB Commodity Services, a subsidiary of Deutsche Bank, has signed an agreement with Invesco PowerShares to shift the management of the existing PowerShares DB fund suite to Invesco PowerShares.
Financial advice helps close ‘Confidence Gap’ for women: TIAA-CREF survey
Financial advice can help eliminate the gender gap in retirement confidence, according to TIAA-CREF survey.
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Vontobel client assets reach CHF180.3bn
Swiss asset and wealth manager Vontobel Holding has reported that its client assets reached CHF180.3bn for the third quarter ended 30 September 2014, an increase of 4% compared to the end of June 2014.
Brewin Dolphin hires new divisional director for Glasgow office
British wealth manager Brewin Dolphin has named Donald Tosh as new divisional director for its Glasgow office.
Asset management compensation approaches pre-crisis highs: Greenwich
Strong performance has pushed up incentive compensation in the asset management industry, according to a new report, Asset Management Compensation: Second Choice No More, from Greenwich Associates and Johnson Associates.
DHFL joins forces with Prudential Financial to create asset management JV
Dewan Housing Finance Corporation Limited (DHFL) is acquiring 50% stake in US-based Prudential Financial’s asset management arm in India, Pramerica Asset Managers, to form an asset management joint venture company.
Mansard Capital to launch new multi-asset fund in UK
Mansard Capital, led by Leon Diamond, is planning to launch a new multi-asset fund for British investors by the end of next month.