All articles by Verdict Staff
Verdict Staff
Advocacy Wealth names new regional director of client services
Advocacy Wealth Management has hired Rob Davis as new regional director of client services.
California investment manager found guilty in $33 million fraud scheme
A California investment manager was found guilty in federal district court in Salt Lake City, Utah for his role in a $33 million investment fraud scheme.
Lombard Odier selects automated expense budgeting solution from Confluence
Confluence has been appointed by Lombard Odier Funds (Europe), the Luxembourg based management company of Lombard Odier Investment Managers, to provide its automated budgeting application for asset managers.
Quad advisors debuts hedge fund incubator and accelerator
Quad Advisors, a hedge fund incubator and accelerator, has signed two growing hedge funds as its first resident firms.
Ledbury Capital Partners chooses Wells Fargo Global Fund Services
Ledbury Capital Partners, a UK-based investment firm, has chosen Wells Fargo Global Fund Services to provide daily fund administration services as well as middle and back office operations solutions for its Master Fund, according to Hedge Week.
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Investor optimism dips in second quarter: Wells Fargo Index
The Wells Fargo/Gallup Investor and Retirement Optimism Index slipped eight points in the second quarter to +29 from +37 in February, driven largely by a 17-point decline (from +41 to +24) in optimism among retired investors, whose view of inflation and economic growth deteriorated during the quarter.
Blackstone and Goldman Sachs merchant banking division complete acquisition of Ipreo
Ipreo Holdings has announced the completion of its acquisition by private equity funds managed by Blackstone and by the Goldman Sachs Merchant Banking Division.
Canaccord Genuity reports big jump in Q1 profit
Canada-based Canaccord Genuity Group has recorded a net income of C$18.9 million for the first quarter of fiscal 2015, a surge of 139% compared to C$7.9 million a year ago.
RCS Capital to buy VSR Group
RCS Capital Corporation (RCAP) has agreed to acquire VSR Group and its wholly-owned subsidiary, VSR Financial Services.
Standard Chartered private banking operating income rises in H1
The private banking business of Standard Chartered has reported operating income of US$314 million for the first half of 2013, a rise of 4% compared from the year ago driven by wealth management and secured lending.