All articles by Verdict Staff
Verdict Staff
Brooks Macdonalds AuM hits £6.7bn in first quarter
Brooks Macdonald has said that its discretionary assets under management (AuM) grew by almost 2% to £6.68bn in the first quarter ended 30 September.
Franklin Templeton launches K2 alternative strategies fund to international investors
Franklin Templeton has launched its Luxembourg-domiciled Sicav Franklin K2 Alternative Strategies fund to international investors.
Adviser investment company platform purchases reach record high in Q2
Purchases of investment companies by advisers and wealth managers on platforms increased by 29% in Q2 2014 in comparison with the second quarter of 2013, according to the report commissioned by the Association of Investment Companies using Matrix Solutions’ Financial Clarity.
TD Ameritrade unveils five strategies to help RIAs drive and sustain transformational growth
TD Ameritrade Institutional has unveiled Breakout Growth, a comprehensive, integrated practice management program that gives advisors the tools and guidance they need plus ongoing support.
BMCE Bank plans to launch new Islamic subsidiary
Morocco’s BMCE Bank is reportedly planning to launch Islamic subsidiary by teaming up with a major Islamic financial institution from the Middle East, reported Reuters.
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Major UK banks to set aside £500m over forex manipulation fines: report
Major UK banks including Barclays, HSBC and Royal Bank of Scotland (RBS) are reportedly planning to set aside hundreds of millions of pounds in the next few weeks to reach a settlement with regulators over forex probe.
AXA IM makes new appointments to board of directors
AXA Investment Managers has appointed three new members to its board of directors, further strengthening the board’s global experience with the addition of Christof Kutscher as chairman, Barbara Fallon-Walsh and Peter Clarke as external non-executive directors.
Hang Seng Indexes launches Markit iBoxx Offshore RMB Bond Index Family
Hang Seng Indexes Company, Hong Kong’s index compiler covering Hong Kong and mainland China markets, and Markit, a global diversified provider of financial information services, have launched the Hang Seng Markit iBoxx Offshore RMB Bond Index family.
Guernsey Finance names new chief executive
Dominic Wheatley has been appointed as the new chief executive of Guernsey Finance.
HMRC warns taxpayers over phishing tax refund emails
HM Revenue and Customs (HMRC) is warning taxpayers to be on their guard against fraudulent phishing emails, after almost 75,000 fake emails were reported to the taxman over the last six months.