All articles by Verdict Staff
Verdict Staff
HighTower names executive director of business development
HighTower has hired Kimberly Hollenbeck as executive director of business development, effective 11 August 2014.
The Colony Group buys Long Wharf Investors
The Colony Group, a Boston-based partner firm of Focus Financial Partners, has acquired Long Wharf Investors (LWI), an independent RIA with approximately US$200 million in client assets.
FCA grants hedge fund Omni Partners license under AIFMD
Omni Partners, a UK-based hedge fund, has been granted a license under the Alternative Investment Fund Managers Directive (AIFMD) by the UKs Financial Conduct Authority (FCA).
JPMAM to terminate five fixed maturity bond funds in September
JPMorgan Asset Management (JPMAM) is planning to terminate its five fixed maturity bond funds, effective 19 September 2014.
Responsible investments growing, outperforming and giving investors what they want: RIAA
The responsible investment sector has found the market is undergoing a period of huge growth, with total funds under management in Australia and New Zealand in broad responsible investments increasing by 13% to $153 billion [ Up from $135 billion last year, according to the 13th Responsible Investment Association Australasias (RIAA) 2014 Benchmark Report.
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Raymond James net income surges by 46% in Q3
Raymond James Financial has posted a net income of US$122.7 million for the fiscal third quarter ended 30 June 2014, a surge of 46% compared to US$83.86 million a year ago.
Central Bank of Ireland grants AIFM license to Capita Financial Managers
Central Bank of Ireland has issued an alternative investment fund manager (AIFM) license to Capita Financial Managers (Ireland).
Raymond James hires new head for financial advisor training
Raymond James has hired Matt Ransom as new vice president to head new financial advisor training and development for its private client group education and practice management team, effective 1 August 2014.
Natixis launches Seeyond Multi-Asset Allocation Fund
Natixis Global Asset Management has launched a core global tactical asset allocation fund that invests in stocks, bonds and volatility as an asset class.
UK’s financial ombudsman appoints new CEO
Britain’s Financial Ombudsman Service has named Caroline Wayman as its new chief executive and chief ombudsman, replacing Natalie Ceeney.