All articles by Verdict Staff
Verdict Staff
Canadas National Bank wealth unit net income up 31% in Q3
The wealth management arm of Canadas National Bank has posted a net income of C$64 million in the third quarter of 2014, a 31% increase from C$49 million in the same quarter of 2013.
Threadneedle Investments to open new representative office in Seoul
Threadneedle Investments, a UK-based asset manager, is set to open a new representative office in Seoul, South Korea in a move to expand the firms presence in Asia.
LPL Financial adds Freedom Wealth Alliance to its RIA custodial platform
LPL Financial, an RIA custodian and a wholly owned subsidiary of LPL Financial Holdings, has revealed that Freedom Wealth Alliance, an independent hybrid RIA firm, has transitioned to the LPL broker-dealer and hybrid RIA custodial platform.
Wells Fargo Advisors lures US$227 million advisory team from Merrill Lynch
Wells Fargo Advisors has lured a team of two financial advisors from Merrill Lynch advisors that managed US$227 million in client assets.
Peapack-Gladstone Bank appoints new CIO, senior managing director
Peapack-Gladstone Bank has promoted John Creamer as new chief investment officer and senior managing director.
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Oracle Capital Group forays into UK legal services market
Oracle Capital Group, a Luxembourg-based family and wealth consultancy, is planning launch an alternative business structure (ABS) to provide legal services to its clients.
S&P Capital IQ releases quarterly hedge fund tracker
S&P Capital IQ, a provider of multi-asset class research data and insights, has released its review of 2014 Q2 13F filings by US-based pure play hedge funds.
Context Asset Management unveils new macro opportunities fund
Context Asset Management, a US-based alternative investment mutual fund manager, has unveiled its second fund, called the Context Macro Opportunities fund.
UBS consumption indicator dips to 1.66 points in July
The UBS consumption indicator sank from 2.07 to 1.66 points in July. The decrease is based on the development of most of the sub-indicators.
Succession Group buys Hart Financial
UK-based wealth manager Succession Group has purchased Salisbury-based advisory firm Hart Financial in a deal worth £3.12 million.