All articles by Verdict Staff
Verdict Staff
BNY Mellon unveils new Dublin-domiciled UCITS absolute return fund
BNY Mellon Investment Management has unveiled a new Dublin-domiciled UCITS absolute return fund for European investors.
Peapack-Gladstone Bank hires senior managing director of wealth management
Peapack-Gladstone Bank has named James Caulfield as new senior managing director and trust officer, wealth management.
Investment firms that mentor advisors may have competitive advantage next decade: Study
While compensation and firm leadership are the top factors driving advisor satisfaction, investment firms need to look ahead and begin planning for a generational shift of retiring advisors during the next decade, according to the J.D. Power 2014 U.S. Financial Advisor Satisfaction Study.
Legal & General Investment restructures asset allocation team
Legal & General Investment Management (LGIM) has restructured its asset allocation team as fund managers Tim Gardner and Alan Thein have quit the business.
France, Switzerland expands tax information exchange agreement
Switzerland and France have amended their tax information exchange agreement which will now allow France to seek information about unidentified Swiss bank account holders.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
India makes fresh request to get names of secret Swiss bank account holders
Indian Finance Ministry has made a fresh request to Swiss government to provide bank details and names of Indians having unaccounted money in its banks.
Miles Software acquires Beans & Intellect
Miles Software Solutions, a provider of technology solutions for the global wealth and asset management industry has acquired the business and the Intellectual Property of the privately held Beans & Intellect Financial Technology Private.
UniCredit to slash 2,400 jobs – report
UniCredit, Italy’s largest bank by assets, has reached a deal with unions to cut 2,400 jobs, the sector’s main union FABI said, in the first stage of workforce reductions foreseen in the bank’s 2013-18 restructuring plan, Reuters reported.
Barclays advises an incremental shift to a defensive portfolio
Investors should shift incrementally toward a more defensive portfolio since fixed income and equity returns are unlikely to be as uniformly positive in the second half of the year, according to Barclays’ latest quarterly research publication Global Outlook: A more defensive portfolio.
Edmond de Rothschild raises $530 million for new Africa-focused fund
Edmond de Rothschild has raised $530 million for a new private equity fund that focuses on deals in Africa.