All articles by Verdict Staff
Verdict Staff
Goldman Sachs expands multi asset investment strategy team
Goldman Sachs Asset Management has appointed Neill Nuttall as co-chief investment officer of its Global Portfolio Solutions Group and chairman of GPS investment committee.
Affiliated Managers Group buys River Road Asset Management
Affiliated Managers Group (AMG), a global asset management firm, has completed the purchase of River Road Asset Management from Aviva Investors North America.
Wealth managers who ask for referrals double their chance of being recommended by clients: SEI
Majority of wealth managers are missing out on the opportunity to acquire clients through this valuable channel, says a new global study released by SEI, Scorpio Partnership, and NPG Wealth Management.
RWC boost sales team with two new hires
RWC, London-based active investment firm, has added Matteo Cianfoni and Roderick Loffler to its sales team to strengthen business in Italy and the UK.
BlackRock names new country head for Germany, Switzerland and Austria
BlackRock has named Christian Staub as new country head for Germany, Switzerland and Austria.
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BNP Paribas pleads guilty to violating US sanctions, fined US$8.83 billion
French banking major BNP Paribas has pleaded guilty to criminal charges and agreed to forfeit US$8.83 billion as part of an investigation into allegations the French bank violated US sanctions laws.
Blackstone to set up new fund of hedge funds unit
Blackstone has unveiled plans to set up a new $58 billion fund of hedge funds unit to attract high-net-worth-investors (HNWIs).
U.S. Global Investors buys additional 15% stake in Galileo Global Equity Advisors
U.S. Global Investors, a boutique registered investment adviser, has completed the acquisition of an additional 15% stake in Toronto-based Galileo Global Equity Advisors.
FSC securities corporation recruits two practices with nearly $6 million GDC
FSC Securities Corporation, a member of AIG Advisor Group, said that Houston-based Stavis & Cohen Financial and Florida-based Cebert Wealth Management have joined the broker-dealer.
Walker Crips boosts investment team with new hire
Walker Crips, a UK-based integrated investment and wealth management group, has hired John Fletcher as stockbroker to boost its investment team.