All articles by Verdict Staff

Verdict Staff

Charles River survey ranks business drivers for consolidating asset manager

Charles River has announced results of an Asset Manager-to-Sponsor Communications survey conducted last week with over 100 participants during a webinar.

Old Mutual Wealth reports 11% rise in H1 profit

Old Mutual Wealth has posted pre-tax adjusted operating profit of £120 million for the first half of 2014, an increase of 11% compare to £108 million a year earlier.

Twitter, LinkedIn gain ground on Facebook with HNW users : Spectrem

Facebook usage has dropped among high net worth investors but usage of LinkedIn and Twitter has increased, according to a Spectrem Group study.

SEBI signs AIFMD pacts with 27 EU market regulators

The Securities and Exchange Board of India (SEBI) has signed a bilateral memorandum of understanding (MoU) with securities market regulators of 27 member States of the European Union to manage alternative investment funds in Europe.

UK’s FCA sets out its approach to financial promotions in social media

The Financial Conduct Authority has launched a consultation which is intended to clarify its approach to the supervision of financial promotions in social media.

QuantX Management expands investment team

QuantX Management, a US-based multi-manager asset management platform, has expanded its investment and operational team by appointing two new hedge fund veterans.

PIMCO hires executive vice president and portfolio manager

PIMCO has hired Ethan Schwartz as executive vice president and portfolio manager focusing on distressed credit.

Regions Financial establishes new financial services group

US-based Regions Financial Corporation has established a new corporate and investment banking financial services group.

RBC GAM names new MD of business development for EMEA

RBC Global Asset Management (RBC GAM) has named Anne-Sophie Girault as new managing director of business development for Europe, Middle East and Africa (EMEA).

INDOS financial adopts CCL co-comply compliance platform

CCL has launched a unique compliance platform that combines continually updated compliance content with an automated delivery system.