All articles by Verdict Staff
Verdict Staff
PIMCO names Asia-Pacific head
American investment management firm PIMCO has appointed Kimberley Stafford as its new head of Asia-Pacific, replacing Eric Mogelof who is relocating to New York to head the firm’s US wealth management business.
Assets invested in US ETFs/ETPs reach $2.549 trillion at 2016 end: ETFGI
Assets invested in ETFs/ETPs listed in the US achieved a record high of $2.549 trillion at the end of 2016, according to data released by independent research and consultancy firm ETFGI.
Westpac ups stake in cybersecurity firm QuintessenceLabs
Australian banking group Westpac has increased its stake to 16% in Canberra-based quantum cybersecurity firm QuintessenceLabs.
Carson Group joins Cetera Advisor Networks
Cetera Financial, a network of independent financial advice firms, has entered into a strategic alliance with Carson Group, which encompasses wealth management firm Carson Wealth Management.
Charles Stanley names equity research head
British wealth manager Charles Stanley has appointed Tina Cook as its head of equity research.
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Fairstone to take over advice firm Lofthouse Gate
Fairstone Group, a UK-based chartered financial planning firm, has agreed to acquire Wakefield-based advice firm Lofthouse Gate via a downstream buyout deal.
Financial adviser deVere unveils own private bank
UK-based financial advisory firm deVere Group has forayed into the private banking sector through the acquisition of St Lucia-based Arton Bank for an undisclosed sum.
PIMCO rolls out new ESG investment platform
PIMCO, the US bond fund manager of Allianz, has unveiled a new global investment platform focused on environmental, social, governance (ESG) factors.
Societe Generale to pay $50m fine to settle RMBS fraud claims
Societe Generale has agreed to pay a $50m civil penalty to resolve claims that it defrauded investors, including federally insured financial institutions, in the marketing and sale of a residential mortgage-backed security (RMBS).
AXA IM – Real Assets names new head of Japan
AXA Investment Managers – Real Assets (AXA IM – Real Assets) has appointed Yoshihiko Hayafuji as the head of Japan.