All articles by Verdict Staff

Verdict Staff

Wealth Management Association CEO to step down

The Wealth Management Association’s (WMA) chief executive Tim May is set to step down from the role later this year.

Seneca Partners launches inheritance tax service in UK

Seneca Partners has launched an inheritance tax (IHT) service that allows investors to protect their legacy from IHT while at the same time giving a helping hand to British businesses.

Windham Brannon Financial renamed as TrueWealth Management

Windham Brannon Financial Group, a US-based financial planning and wealth management firm, has been renamed as TrueWealth Management.

Luxembourg parliament approves plan to issue Islamic bond -report

Luxembourg’s parliament has approved a bill that would allow it to issue its first Islamic bond later this year.

DeAWM names new head of US large cap value equities

Deutsche Asset & Wealth Management (DeAWM) has named Deepak Khanna as new head of US large cap value equities, effective 16 July 2014.

MetLife UK names new head of wealth management marketing

MetLife UK has named Helen Thomas as its new head of wealth management marketing.

UK tax authority wants power to access to bank statements to retrieve taxes owed

The UK’s HM Revenue & Customs (HMRC) plans to seek power to examine private individuals’ financial details to see whether they have been dodging tax and recover unpaid bills.

Emerging capital markets are expected to double their global index share by 2030

Driven by accelerating growth in capital raising activities over the next one-and-a-half decades, emerging nation capital markets are expected to capture a more proportionate share of the global capital market universe relative to their economies, closing the gap with their developed peers, according to a Credit Suisse report.

Nexity sells 80% of its asset management subsidiary to CEO

France-based Nexity has sold 80% of its asset management subsidiary Nexity REIM to the firm’s CEO Laurent Diot.

Hedge funds get $16.9 billion in May, down from $19.1 billion in April: TrimTabs and BarclayHedge

BarclayHedge and TrimTabs Investment Research reported that the hedge fund industry took in $16.9 billion (0.7% of assets) in May, down slightly from $19.1 billion (0.8% of assets) in April.