All articles by Verdict Staff
Verdict Staff
OppenheimerFunds expands distribution team
US-based OppenheimerFunds has strengthened its distribution team by hiring Steve Paddon as new head of institutional and Ned Dane as head of private client, trust bank & family office.
FSCS declares four IFAs in default over Sipp transfers
The Financial Services Compensation Scheme (FSCS) has received increasing numbers of claims against Independent Financial Advisers (IFAs) that are no longer trading.
Investors remain bullish on stocks: Charles Schwab
With stocks continuing to hover around record territory, a significant number of investors remain bullish on the second half of 2014, according to the latest client sentiment findings from Charles Schwab.
Wunderlich Securities opens new wealth management office in Virginia
Wunderlich Securities, a US-based investment bank, has opened a new wealth management office in Richmond, Virginia.
Most consistent performing private equity fund managers in 2014: Prequin
12 new private equity buyout fund managers have entered the top 35 most consistent performing firms, two of which have achieved the best possible consistent performance score in 2014, according to data compiled for the 2014 Preqin Private Equity Performance Monitor.
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Santander Asset Management hires new non-executive director
Santander Asset Management has hired Robert Noach as new non-executive director to its board.
Advisors concentrating mutual fund assets with fewer providers: Cogent
Advisors have more money than ever currently invested in mutual funds, but they are choosing to work with fewer providers overall, and increasingly concentrating more assets with their primary mutual fund provider, according to the 2014 annual Advisor Brandscape report from Cogent Reports.
Premium Wealth Management names new compliance head
Premium Wealth Management has named Johan Cruz as the new head of compliance division.
Mercer appoints two new independent non-executive directors
Mercer has added three new members to its Australian entity boards, including two new independent non-executive directors.
Gottex, EIM merger receive FINMA approval
Gottex Fund Management secured approval from the Financial Markets Supervisory Authority (FINMA) to merge with EIM Group.