All articles by Verdict Staff
Verdict Staff
MFS Investment Management names co-chief executive officers
MFS Investment Management said that Michael Roberge, MFS president and chief investment officer, has been promoted to Co-CEO, effective 1 January 2015.
Morgan Stanley agrees to pay US$95 million to settle mortgage-debt lawsuit in US -report
Morgan Stanley has reached a US$95 million deal to resolve a lawsuit accusing it of misleading investors in mortgage-backed securities in the run up to the 2008 financial crisis, according to Reuters.
Gallatin Advisers renamed as PivotalPath
Gallatin Advisers, a US-based hedge fund advisory firm, has renamed itself as PivotalPath (Americas).
Cantor Fitzgerald Wealth Partners expands recruiting team
Cantor Fitzgerald Wealth Partners has hired Jack Mounts as new managing director and head of recruiting to expand the firms advisor force in the US.
Thomson Reuters unveils new Solvency II Data Service for asset managers
Thomson Reuters has unveiled a new Solvency II Data Service to assist, asset managers, insurers, fund administers and custodians to comply with capital adequacy and disclosure obligations under Solvency II Directive.
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UBS urges French court to reject US$1.4 billion bail in tax evasion case
Swiss banking giant UBS has urged a Paris appeals court to turn down a US$1.4 billion bail looming over the allegations that it aided wealthy French customers avoid tax.
Fiserv expands foreign currency exchange solution, adds partners
Fiserv, a global provider of financial services technology solutions, has expanded its real-time domestic and international foreign wire exchange solution, WireXchange.
Schroders hires new fund manager for UK funds
Schroders has hired Matt Hudson to manage Schroder UK Opportunities Fund and Luxembourg-domiciled Schroder ISF2 UK Opportunities replacing Julie Dean.
Redtail and Morningstar to simplify advisor practice through Redtail’s Enhanced CRM user interface
Redtail Technology, a provider of client relationship management (CRM) software, and Morningstar, a provider of independent investment research, are working together to simplify an advisor’s practice by providing seamless access to Morningstar’s proprietary research and analytics directly within a new Redtail user interface that will launch in the fourth quarter.
Towers Watson names new global head of manager research
Towers Watson has named Luba Nikulina to global head of manager research, following Craig Bakers recent appointment to the role of global chief investment officer.