All articles by Verdict Staff

Verdict Staff

Mariner Wealth Advisors hires new senior vice president of wealth management

Mariner Wealth Advisors, a US-based wealth advisory firm, has hired Kevin Corbett as new senior vice president of wealth management.

Responsiveness and transparency key for consumer-focused financial services companies: John Hancock

Ninety percent of investors say that being able to resolve problems and answer questions quickly is a major part of their definition of a consumer-focused financial services company, according to the second quarter 2014 John Hancock Investor Sentiment Survey.

Lloyds to slash 500 jobs in UK

Lloyds Banking Group is planning to slash 500 jobs across its finance and retail arms as part of its restructuring plan.

UBS launches new philanthropy guide at the UBS Family Legacy & Philanthropy Forum

UBS has launched a new philanthropy guide at the UBS Family Legacy & Philanthropy Forum in Shanghai.

Former Infosys strategy head to help run family office in India-report

V Ganapathy Subramanian, the former strategy head of Indian IT major Infosys, has been hired to manage the family office of Infosys co-founder and CEO SD Shibulal, according to Business Standard publication.

OECD PISA financial literacy test finds many young people confused by money matters

Around one in seven students in the 13 OECD countries and economies that took part in the first OECD PISA international assessment of financial literacy are unable to make even simple decisions about everyday spending, and only one in ten can solve complex financial tasks.

Equity event driven strategies drive mid year gains: HFR

Hedge funds posted gains in June to conclude the first half of 2014, as equities eclipsed new records and implied volatilities fell sharply despite rising geopolitical tension.

Charles River unveils Wealth Hub to automate asset manager-sponsor communications

Charles River, a US-based investment management solution provider, has launched a Wealth Hub that enables asset managers with managed accounts to combine trades and securely distribute account and model updates to all sponsors in a single click.

361 Capital unveils new 361 Global Macro Opportunity Fund

361 Capital, a US-based asset management firm, has unveiled a new 361 Global Macro Opportunity Fund that invests in a wide range of asset classes.

Pershing unveils new block trading and rebalancing tool for advisors

Pershing, a subsidiary of BNY Mellon, has unveiled a next generation of its block trading and rebalancing tool for advisors.