All articles by Verdict Staff

Verdict Staff

Finsure buys stake in Spectrum Wealth Advisers

Australia-based Finsure has agreed to buy major stake in Spectrum Wealth Advisers as part of its expansion strategy.

Misys simplifies and consolidates its offering under four new solution lines

Misys, which provides the broadest portfolio of financial services software on the market, has simplified its offerings and launched a new set of solutions under a common architecture.

Succession Group partners with Vestra Wealth to launch new DFM service

Wealth manager Succession Group’s CEO Simon Chamberlain said that the firm has partnered with Vestra Wealth to launch a new discretionary fund management (DFM) service for its advisers.

U.S. Wealth Management names new business development director

U.S. Wealth Management (USWM) has hired Matthew Schulman as new director of business development.

Barclays launches new compliance career academy

Barclays has launched a new Compliance Career Academy, an externally recognised programme designed to transform and professionalize Compliance.

Sumitomo Mitsui eyes new acquisitions to boost AuM

Japan-based Sumitomo Mitsui Asset Management’s (SMAM) CEO Kunio Yokoyama is, reportedly, seeking to more than double its $131 billion assets under management by 2020 through new acquisitions.

Legal & General Investment boosts distribution team in UK

Legal & General Investment Management (LGIM) has boosted its UK distribution team with three new hires.

Argent Financial buys Reliance Trust’s fiduciary business

Argent Financial Group, a US-based wealth and financial services firm, has purchased a fiduciary services line of business from Atlanta-based Reliance Trust Company.

Late stage venture capital deals almost double in size: Preqin

Preqin’s latest analysis of global venture capital investment activity has shown that the average value of Series D and later stage deals that occurred in H1 2014 was $64.1mn, a significant increase on the average size of late stage deals done in 2013, which stood at $34.4mn.

Nikko AM partners with Bank of China, DBS Bank to launch China bond fund in Singapore

Nikko Asset Management Asia (Nikko AM Asia) has teamed up with the Bank of China and DBS Bank to launch a new China onshore bond fund in mid-July in Singapore.