All articles by Verdict Staff
Verdict Staff
Henderson Global Investors adds new members to US fixed income team
Henderson Global Investors has added two investment grade credit analysts to its fixed income team based in Philadelphia.
FINRA fines Merrill Lynch for overcharging charities, retirement accounts
The US Financial Industry Regulatory Authority (FINRA) has slammed Bank of America’s Merrill Lynch with a fine of $8 million in addition to $24.4 million in restitution to settle the allegations that it overcharged for certain charities and retirement accounts.
Swiss private bank Vontobel looks to hire internationally again
Family-controlled Swiss private bank Vontobel, which withdrew from on-shore activities in Austria, Dubai and Italy in 2012 to slash costs, is looking to hire in target markets again.
Underperformance rife among active mutual fund managers, says research
Almost all active fund managers fail to outperform the market once fees are extracted from returns, according to new research.
Brewin Dolphin opens office in Bournemouth
British wealth manager Brewin Dolphin has opened its new office in Bournemouth.
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Commonwealth Financial launches Client360º dashboard
Commonwealth Financial Network, a US-based independent broker/dealerRIA, has launched Client360º dashboard that will enable advisors to manage households, clients, and accounts efficiently.
SEC charges hedge fund adviser with conducting conflicted transactions
The Securities and Exchange Commission (SEC) has charged an Albany, N.Y.-based hedge fund advisory firm with engaging in prohibited principal transactions and then retaliating against the employee who reported the trading activity to the SEC.
It is possible to construct improved forms of risk parity strategies : EDHEC-Risk Institute study
In a new study entitled Towards Conditional Risk Parity Improving Risk Budgeting Techniques in Changing Economic Environments, drawn from the Lyxor research chair on Risk Allocation Solutions, EDHEC-Risk Institute develops a conditional approach to risk parity, which contrasts with standard unconditional risk parity portfolios based on historical volatility estimates.
Brooks Macdonald to reduce fee structure of DFM service
UK-based asset manager Brooks Macdonald is intending to reduce fee structure of its discretionary fund management service that is expected to cut its headline charge by nearly 30%.
British parents concerned over children’s financial future: Lloyds Bank Private Banking
An uncertain financial future is creating anxiety amongst some parents that their children won’t be able to secure employment or face large debts, with many planning to help them with financial outlays, according to a research conducted by Lloyds Bank Private Banking.