All articles by Verdict Staff

Verdict Staff

Schroders acquires stake in online wealth manager Nutmeg-report

British fund manager Schroders has, reportedly, invested in online wealth manager Nutmeg in return for a stake in the business.

Global IPO activity up despite heightened investor caution

The global IPO market continued its recovery to end the first half of the year strongly, according to EY Global IPO Trends: 2014 Q2.

eSentire launches SEC response readiness service

eSentire has launched a new service to prepare registered broker-dealers and registered investment advisors for pending U.S. Securities and Exchange Commission (SEC) examinations specific to cybersecurity.

Azimut acquires majority stake in Más Fondos to expand in Mexico

Italian asset manager Azimut has acquired 82.14% of Profie, a Mexican firm controlling the entire equity capital of Más Fondos.

Ernst & Young finally produces docs for ongoing trial in Hong Kong

Ernst & Young (EY) filed a notice of appeal in respect of the court order to produce documents held by its Mainland affiliate, EY Hua Ming (EYHM), having produced a disc of documents it held in Hong Kong.

Key trends in wealth management business practices: Maximizer Software report

Maximizer CRM has released a new industry report that identifies the business practices of top advisors, common obstacles to growth and how investment advisors are leveraging new technology.

ING Bank names new chief innovation officer

Dutch bank ING Groep has named Brunon Bartkiewicz as ING Bank’s chief innovation officer, effective July 1.

Morningstar reports hedge fund performance for April, asset flows through March 2014

Morningstar, a provider of independent investment research, has reported preliminary hedge fund performance for April 2014 as well as estimated asset flows for March 2014.

Lincoln Financial Group launches new variable annuity

Lincoln Financial Group has introduced its Lincoln Investor Advantage variable annuity designed to help advisors grow and protect clients’ wealth, while providing access to a proven strategy for lifetime income.

Skandia names new head of specialist sales

Skandia, part of Old Mutual Wealth, has named Tony Harris as new head of specialist sales, effective 25 June 2014.