All articles by Verdict Staff
Verdict Staff
Wealth manager ARGI Financial opens new office in Michigan
ARGI Financial Group, a US-based wealth management firm, has opened a new office in Grand Rapids, Michigan.
Quarterly aggregate private equity fundraising exceeds US$100 billion for fourth consecutive quarter: Preqin
A total of 187 private equity funds held a final close in Q2 2014 securing aggregate capital commitments of $127bn, a figure which is expected to increase by 10-20% as more information becomes available.
RCS Capital completes acquisition of Hatteras Funds Group
RCS Capital Corporation has closed on its previously announced acquisition of substantially all the assets, and assumption of certain of the liabilities, related to the business and operations of a group of related companies (the “Hatteras Funds Group”) that manage and distribute the Hatteras Funds.
Raymond James appoints new private client strategist for Canada
Raymond James Ltd., the Canadian arm of American investment dealer Raymond James Financial, has appointed Ryan Lewenza as its new private client strategist for Canada.
T. Rowe Price unveils new frontier markets fund
T. Rowe Price has unveiled a new fund that invests across all frontier markets.
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Value of private equity-backed buyout exits in Q2 up 53% compared to Q1 of 2014: Preqin
The value of private equity-backed buyout exits in the second quarter of 2014 saw a notable jump up from Q1 2014, with 392 exits valued at $138bn in Q2 2014 compared to 331 exits valued at $90bn in the first quarter.
Commonwealth Bank launches review program for financial planning victims
The Commonwealth Bank has launched a Open Advice Review program for its Commonwealth Financial Planning (CFP) and Financial Wisdom (FWL) businesses.
SGPB Hambros expands private banking team
Societe Generale Private Banking Hambros (SGPB Hambros) has appointed three new private bankers to its Newbury and Edinburgh offices.
Henderson launches the Henderson Horizon Global Natural Resources Fund
Henderson Global Investors has added to its Horizon range with the launch of the Henderson Horizon Global Natural Resources Fund.
Schroders creates new global property securities (GPS) team
Schroders has created a new global property securities (GPS) team to manage more than £1.2 billion of assets under management.