All articles by Verdict Staff
Verdict Staff
AllianceBernstein to launch multi-manager target-date series
AllianceBernstein, a global investment management firm with $477 billion in assets under management, has announced that it will launch a multi-manager target-date series, AllianceBernstein Multi-Manager Select Retirement Funds.
Evercore hires new MD for its private capital advisory business
Evercore has hired Rodney Reid as new managing director for its private capital advisory business, effective November 2014.
New York Private Bank & Trust invests in Gold Bullion International
New York Private Bank & Trust (NYPB&T) has signed an agreement to invest in Gold Bullion International (GBI), an electronic platform for the purchase, sale and storage of precious metals.
US expats sue Canadian government to stop FATCA
A group representing American expatriates has sued Canadian government challenging the constitutionality of an intergovernmental agreement between the US and Canada that forces domestic banks to comply with the US Foreign Account Tax Compliance Act (FATCA).
Schroders rolls out onshore version of QEP Global EM fund for UK investors
Schroders has rolled out an onshore version of its ISF QEP Global Emerging Markets fund for retail investors in the UK.
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Cetera Financial Group announces new strategic framework
Cetera Financial Group has formed a new strategic framework that leverages the resources of RCS Capital Corporation (RCAP) to deploy enhanced solutions and services for advisors across all of the network’s member firms, while setting a new industry standard for balance between scale and personalized support.
Jersey Finance hires new chairman
Jersey Finance has named Robert Christensen as new chairman of its board replacing Jonathan White.
Ascalon Capital buys minority stake in Morphic Asset Management
Ascalon Capital Managers, an Australia-based asset manager arm of BT Financial Group, has purchased a minority stake in global long / short equity fund manager Morphic Asset Management for an undisclosed sum.
HNW women believe alternatives will become a core investment holding over next few years: MainStay Investments
High-net-worth women are turning to non-traditional investments as they look to generate income, drive capital growth, and achieve portfolio diversification, according to findings from Investing Outside the Box, a study on trends in non-traditional investing from MainStay Investments.
Waterfield Advisors names new CIO for its multi-family office
Waterfield Advisors, an India-based advisory firm, has named Munish Randev as new chief investment officer for its multi-family office business.