All articles by Verdict Staff

Verdict Staff

Budget reforms under threat from lack of pensions literacy: AXA Wealth

AXA Wealth research reveals a shortage of financial planning and awareness of recent pension reforms among UK population

Comerica Bank hires new vice president and director of institutional sales

Comerica Bank’s world asset management investment division has appointed Robert Hudon as new vice president and director of institutional sales.

Natixis Global Asset Management expands portfolio research and consulting group

Natixis Global Asset Management has expanded its portfolio research and consulting group by hiring four new executives.

Voya Investment Management signs distribution deal with Breakwater Advisory

Voya Investment Management (Voya IM), a US-based investment firm, has entered into a distribution deal with Breakwater Advisory to provide asset management services to Australian institutional investors.

Thomas Murray Data Services launches total risk solution for depositary banks under AIFMD

Thomas Murray Data Services has launched a suite of products and has been working with a number of depositary banks to provide a total risk solution to ensure depositary bank compliance with the Alternative Investment Fund Managers Directive (AIFMD).

SEC charges investment advisory firm over misusing client assets

The Securities and Exchange Commission charged the owner of a Seattle-based investment advisory firm with fraudulently misusing client assets to make loans to himself to buy a luxury vacation home and refinance a rare vintage automobile.

Hedge fund capital surges to new milestone on strong Q2 2014 inflows

Total hedge fund capital surged to an 8th consecutive quarterly record in Q2 of 2014 as investors allocated across most hedge fund strategies, according to the latest HFR Global Hedge Fund Industry Report.

Prime Financial acquires stake in advisory firm MPR Group

Prime Financial Group has agreed to acquire a 20% stake in accountancy and financial planning firm MPR Group in Melbourne.

Univest Bank and Trust Co appoints new president of wealth management division

Univest Bank and Trust Co, a subsidiary of Univest Corporation of Pennsylvania, has named Kevin Norris as new president of its Wealth Management Division.

European Wealth Management bolsters management team

European Wealth Management Group has strengthened its management team by hiring Adam Suggett as a financial controller.