All articles by Verdict Staff

Verdict Staff

Advent launches next generation of Black Diamond wealth management platform

AdventConnect — Advent Software, at its annual client conference in Las Vegas, NV has shared a preview of the next generation of its Black Diamond wealth management platform, which marks a major step in its evolution from a pioneer of cloud-based portfolio management and reporting technology to a full-featured wealth management platform.

Fidelity expands UK retail sales team

Fidelity has expanded its UK sales team by appointing David Ross as new key account manager.

Wells Fargo Asset Management opens office in Frankfurt

Wells Fargo Asset Management has opened its third European office in Frankfurt and hired Jakob Wiggert as sales director.

Charles Stanley agrees to sell its Matterley fund to Miton Group

Charles Stanley has agreed to offload its FP Matterley Undervalued Assets fund to Miton Group for an undisclosed sum.

RICS Hong Kong appoints new chairman

The Royal Institution of Chartered Surveyors (RICS) has announced that Andrew Lee has been elected as the chairman of Hong Kong Board for one year term of office effective 1 September 2014.

Kenanga Investment rolls out new wealth management product

Malaysia-based Kenanga Investment Bank has rolled out a new digital wealth management product that combines all client financial portfolios onto a single portal.

Nearly 60% of family businesses are seeking external finance to fund investment: KPMG

A new KPMG International survey has found that 58 percent of family businesses are currently seeking external financing to fund their investment plans, but finding the right strategic investment partner can be challenging.

KCG to sell Futures Commission Merchant Business to Wedbush Securities

KCG Holdings has entered into a definitive agreement to sell certain assets and liabilities related to the Futures Commission Merchant (KCG Futures) business to Wedbush Securities.

SEC charges Minneapolis-based hedge fund manager with bilking investors and portfolio pumping

The Securities and Exchange Commission has charged a Minneapolis-based hedge fund manager, his investment advisory firm, and an accomplice with bilking investors in two hedge funds out of more than US$1 million under the guise of research expenses and fees.

Investec to sell UK subprime mortgage unit to Blackstone, TPG

Investec has agreed to sell its UK subprime mortgage business Kensington Group to private equity firms Blackstone and TPG for £180 million in cash.