All articles by Verdict Staff
Verdict Staff
Schroders rolls out new asset allocation fund in Hong Kong
Schroder Investment Management (Hong Kong) has rolled out a new asset allocation fund, an unconstrained product that aims to provide income and capital growth from global equities.
Mariner Wealth Advisors names new CIO
Mariner Wealth Advisors has named Mark Caplinger as new chief investment officer.
Lincoln Financial Group enhances its Lincoln Director SM Program
Lincoln Financial Group’s Retirement Plan Services business has reported enhancements to its Ibbotson Insight Series investment lineup available in the Lincoln DirectorSM employer-sponsored retirement plan program.
eVestment hedge fund assets drop 0.49% – flows still positive
The July 2014 eVestment Hedge Fund Asset Flows report shows some slowing in hedge fund asset growth and the impacts of outflows from several hedge fund sectors.
Half of Americans sit on stock market sidelines
Many Americans are still wary of investing or simply unable to get started and just over half of Americans (51 percent) say they do not invest in the stock or bond markets in any way, according to the latest COUNTRY Financial Security Index survey.
Wells Fargo aims to double asset-management business through deals
As part of its growth plan, Wells Fargo is reportedly seeking to double the size of its asset-management unit to $1 trillion over the next decade through acquisitions and aggressive sales to big investors.
Hong Kong’s SFC fines former Delta Asia executive for supervisory failures
The Securities and Futures Commission (SFC) has issued a reprimand to Ms Hung Lai Ping, a former responsible officer of Delta Asia Securities (Delta Asia), and fined her $150,000 for managerial and supervisory failures.
DeAWM renames exchange traded product suite in the Americas
Deutsche Asset & Wealth Management (DeAWM) has renamed the db X-trackers exchange-traded funds (ETFs) to Deutsche X-trackers ETFs. There will be no change to the ticker symbols or CUSIP numbers for these funds.
Nikko AM to set up specialist portfolio management team in Singapore
Japan-based Nikko Asset Management (Nikko AM) is planning to set up a new specialist portfolio management team in Singapore.
Triad Advisors rolls out new RIA platform for financial advisors
US-based Triad Advisors has launched a new Registered Investment Advisory (RIA) platform that provides streamlined regulatory and compliance processes, scalable growth tools, and multi-custodial experience to independent fee and commission-based financial advisors.