All articles by Verdict Staff

Verdict Staff

Pacific Life funds introduces the PL diversified alternatives fund

Pacific Life Funds has launched the PL Diversified Alternatives Fund to provide financial advisors and their clients with additional portfolio diversification opportunities.

IMA calls on global regulators to assess current and alternative models of payment for investment research

Daniel Godfrey, chief executive of the IMA has published a blog summarising the Association’s position on the ESMA consultation on MiFID II in relation to the proposal to impose substantial restrictions on the use of dealing commissions to pay for investment research from January 2017.

Zermatt Wealth Partners to merge with Thompson Davis & Co

North Carolina-based Zermatt Wealth Partners has agreed to merge with Virginia-based Thompson Davis & Co.

Anchura Partners hires former Barclays Wealth strategy head

Anchura Partners, a London-based management consultancy, has poached former Barclays Wealth and Investment Management head of strategy and proposition, Ruth Davis, as its new client partner.

Quantitative trading methods at risk of being ubiquitous, indistinguishable from others: TABB

The future of quantitative trading methods is at risk of being indistinguishable from anything else in a transition to a new quant landscape where its success, warns TABB Group in new research, will require magnitudes more data.

SAM Wealth eyes new acquisition to double its business

SAM Wealth, a UK-based financial advisory firm, is reportedly seeking to double its business by acquiring an English competitor following the hire of a senior industry expert to its team.

Adaptive Consulting signs strategic partnership with Software AG

Adaptive Consulting has signed a strategic partnership with Software AG that will enable clients in financial markets to capitalise on Adaptive’s deep expertise in developing and integrating front office applications and Software AG’s solutions for streaming analytics, complex event processing, in-memory data management and universal messaging.

Bellpenny agrees to buy wealth manager Torquil Clark

Bellpenny, a UK-based wealth manager, has agreed to acquire West Midlands-based wealth management firm Torquil Clark from Skipton Building Society for an undisclosed sum.

Thomson Reuters launches web-based portal for Accelus Org ID KYC managed service

Thomson Reuters delivered a critical milestone in its end-to-end KYC Managed Service for the industry, with the launch of its secure, web-based portal for Accelus Org ID.

France seeks unified EU position on US bank fines-Report

France has garnered support of Germany, Italy and the UK to challenge US regulators imposing heavy fines on foreign banks at a G20 meeting of world leaders in Australia later this year, the Financial Times has reported.