All articles by Verdict Staff

Verdict Staff

JTC Group names new London office head

JTC Group has named Philip Burgin as new head of its London office to provide greater face to face contact at a senior level with existing and new advisors and intermediaries.

Janney Montgomery Scott names new products chief for wealth management

Janney Montgomery Scott has named Kevin Reed as new products chief for wealth management, replacing David Penn who stepped down to return to the world of financial planning.

State Street Global Advisors unveils new SPDR Risk Aware ETF

State Street Global Advisors (SSGA) has launched a new SPDR SSGA Risk Aware ETF that trades on the NYSE Arca.

Executives rely more on experience and advice than data to make business: PWC

94% of executives said that management of their company is prepared to make significant decisions about the strategic direction of their business, but barely one-third relied primarily on data and analytics when they made their last big decision, according to a report by PWC.

Hong Kong raises US$1 billion with first Islamic bond

Hong Kong has raised US$1 billion by issuing its first sovereign Islamic bonds, attracting orders for 4.7 times the amount on offer.

Hedge funds redeemed scant US$40 million in July 2014, says TrimTabs and BarclayHedge

BarclayHedge and TrimTabs Investment Research reported that the hedge fund industry redeemed a scant US$40 million in July, the first monthly outflow of the year, after taking in US$5.1 billion (0.2% of assets) in June.

Barclays launches return on disability ETNs

Barclays Bank has launched the Barclays Return on Disability Exchange Traded Notes (ETNs).

Beacon Pointe Advisors chooses Envestnet | Tamarac’s Advisor Xi product suite

Beacon Pointe Advisors, a US-based independent RIA has selected Envestnet | Tamarac’s advisory practice management platform, Advisor Xi, to integrate its operating systems and position its practice for growth.

NFP Advisor Services publishes study on advisor acquisition ROI

NFP Advisor Services, which provides technology, service and asset management platforms to financial advisors, including RIAs and hybrids, and is a business segment of NFP, has published the results of a study that reveals what separates an alpha acquisition from non-alpha and near-alpha acquisitions.

Smarsh opens new London office

Smarsh, a provider of hosted archiving solutions for compliance and e-discovery, has opened a fully operational London-based entity to meet growing global demand for archiving and compliance solutions.