All articles by Verdict Staff

Verdict Staff

Maples Fund Services opens new office in Boston

Maples Fund Services has opened a new office in Boston in a bid to boost its presence in North America and strengthen its brand and offering in the US market.

More Americans interested in seeking financial advice: TIAA-CREF

A new study by TIAA-CREF shows that the number of Americans who are interested in receiving financial advice increased to 35% from 24% in a 2013 survey.

Virtus partners with SunGard’s VPM to launch new bank debt service

Virtus Partners, a US-based provider of fixed-income asset administration services, has partnered with VPM, SunGard’s asset management business, to launch an integrated bank debt service.

Henderson expands fixed income team with new investment director appointment

Henderson Global Investors has announced the appointment of Dónal Kinsella as investment director in its fixed income team.

BofA’s Merrill Edge seeks to double adviser head count by 2016 -report

Bank of America’s Merrill Edge is seeking to double its head count of financial advisors by the end of 2016, said Aron Levine, head of preferred banking and Merrill Edge Investing at Bank of America.

Financial decision-making a joint effort for HNW couples: Morgan Stanley

Nearly seven in ten high-net-worth individuals in a marriage or domestic partnership say they collaborate with their partner on key financial decisions, according to the latest Investor Pulse Poll by Morgan Stanley Wealth Management.

Swiss private bank chooses NeoXam’s solution to automate fund accounting operations

NeoXam, a provider of front, middle and back-office solutions to the asset management industry, said that a major Swiss private bank has chosen its NX GP3 back-office solution to automate its fund accounting operations.

HNW investors maintain bullish outlook on economy, portfolios: Morgan Stanley

Amidst continued strong performance by the U.S. stock market, 71% of high-net-worth (HNW) investors surveyed by Morgan Stanley Wealth Management believe the U.S. economy will be the same or better 12 months from now, and 87% have a similar outlook for their local economy.

Law firm McGlinchey Stafford opens new office in New York

Law firm McGlinchey Stafford has opened a new office in New York City to expand its presence in the northeast US.

Nomura forms joint venture to enter Chinese market

Nomura Asset Management, a wholly owned subsidiary of Nomura Holdings, has formed a joint venture with Shenzhen Hua Xia Ren He Capital Management to launch a private fund business in the Qianhai Economic Zone in Shenzhen, China.