All articles by Verdict Staff

Verdict Staff

RBC Global Asset Management unveils new European Dividend Fund

RBC Global Asset Management has unveiled a new RBC European Dividend Fund for investors in Canada.

SSN selects FolioDynamix’s wealth management technology platform

Securities Service Network (SSN), a US-based independent broker dealer, has selected FolioDynamix’s wealth management technology platform for its rep-directed investment programs.

BNY Mellon names new head of Retirement and Strategic solutions group

BNY Mellon has named Michael Gordon as head of its new Retirement and Strategic Solutions group.

Neuberger Berman expanded its global real estate securities group

Neuberger Berman has expanded its global real estate securities group by appointing Gillian Tiltman as new portfolio manager for Europe.

Al Baraka Banking collaborates with World Bank for Islamic banking research

Bahrain-based Al Baraka Banking Group has collaborated with the World Bank to begin a research partnership that would be beneficial to the global Islamic banking industry.

Wells Fargo Securities receives FINRA approval for self-clearing capabilities

Wells Fargo Securities has secured approval from the Financial Industry Regulatory Authority (FINRA) to offer self-clearing capabilities.

Japan listed ETFs and ETPs reach US$91.5 billion in assets in July: ETFGI

ETFGI’s analysis finds ETFs and ETPs listed in Japan gathered US$1.4 billion in net new assets in July, which pushed assets in the Japanese ETF/ETP industry to a new record high of US$91.5 billion , surpassing the prior record of US$90.1 billion set at the end of June 2014.

JPMorgan Chase agrees to sell 50% stake in One Equity Partners

JPMorgan Chase has agreed to sell interests in approximately 50% of the portfolio companies currently held by its private equity unit, One Equity Partners (OEP) to two investment firms including Lexington Partners and AlpInvest Partners.

Wells Fargo survey: Hispanic investors hungry for more investment knowledge and education

Hispanic investors have a strong appetite for financial education and more sophisticated investment knowledge, according to a recent Wells Fargo survey.

Standard Chartered to trawl through data for money laundering-Report

Standard Chartered will soon commence sifting through data to spot any signs of possible money laundering or other criminality, following detection of faults in the software critical to its anti-money laundering compliance programme, Reuters has reported.