All articles by Verdict Staff

Verdict Staff

TD Bank Group completes takeover of NatWest Stockbrokers

Canada-based TD Bank Group has completed the takeover of the remaining interest in NatWest Stockbrokers from National Westminster Bank for an undisclosed sum.

ETFs and ETPs listed in Europe reached US$470 billion in assets: ETFGI

ETFs and ETPs listed in Europe gathered US$5.76bn in net new assets in June and US$32.1bn YTD, which outpaces the previous high of US$20.5bn at this point in 2011.

Harvest Fund Management to launch new fund to offer Chinese access to Alibaba IPO

Chinese asset manager Harvest Fund Management is reportedly planning to unveil a fund focused on giving Chinese investors access to shares in Alibaba Group’s initial public offering (IPO) on the New York Stock Exchange.

ETFs And ETPs listed globally reached US$2.64 trillion in assets

ETFs and ETPs listed globally gathered US$34.8bn in net new assets in June and US$126.6bn YTD, which outpaces the previous high of US$106.4bn at this point set in 2012.

WeiserMazars names new member to its executive committee

WeiserMazars, a US-based accounting, tax and advisory services firm, has named Lisa Osofsky as a member of the firm’s executive committee, effective 1 January 2015.

The Investor Forum appoints chairman and executive director

The Investor Forum has been formally launched with the appointment of Simon Fraser as Chairman, and Andy Griffiths as Executive Director.

Global regulated funds industry expected to drive 9% annual growth over the next five years: EY

Actively managed funds and solution-based products expected to drive 9% annual growth in regulated funds over the next five years following a prolonged period of relatively anemic growth since the financial crisis, according to EY’s Global regulated funds survey 2014.

Source partners with Morgan Stanley to launch new ETF

Source, a European Exchange Traded Funds provider, has joined forces with Morgan Stanley to launch the Source Morgan Stanley Europe MEMO Plus UCITS ETF (EMSE).

Barwa Bank opens new office in Dubai

Barwa Bank, a Qatar-based Shariah compliant banking service provider, has opened a new representative office in Dubai International Financial Centre (DIFC).

LPL Financial partners with Financial Telesis to launch new retirement plan advisory firm

LPL Financial has signed agreements with Financial Telesis and former LPL retirement partners president Bill Chetney to create a new large independent retirement plan advisory firm.