All articles by Verdict Staff
Verdict Staff
Edwards Securities selects Third Financial for wealth management platform
Edwards Securities, a UK-based wealth management firm, has selected Third Financials Tercero wealth management platform to support an ambitious growth strategy.
AssetMark expands portfolio construction capabilities for advisors
AssetMark has introduced sophisticated new capabilities that support advisors in developing portfolios to address client needs.
France’s tax probe targets HSBC’s Swiss unit
French authorities are investigating the Swiss subsidiary of HSBC Private Bank for allegedly aiding nearly 3,000 French citizens evade more than 4 billion in taxes, news agency Le Monde reported.
PIMCO names new managing director and portfolio manager
Investment management firm PIMCO has named Geraldine Sundstrom as new managing director and portfolio manager, effective first quarter of 2015.
Swiss Life Asset Managers expands footprint in Germany
Swiss Life Asset Managers has expanded its presence in Germany by opening a new distribution office in Munich.
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One-third of investors seek advice from primary advisor: Spectrem
One third of ultra-high-net-worth investors with a net worth between US$5 million and US$25 million received advice on an estate plan from their primary advisor, while 33% received advice from someone other than a primary advisor, according to Spectrems Relationship with Advisors.
JPMorgan CFO hints at job cuts in investment banking arm
JPMorgan Chase may reportedly face job cuts at its investment bank unit amid reduced revenues and relatively slow trading conditions.
Psigma Investment Management names new business development director
Psigma Investment Management has named Nick Lacey as new business development director.
Truxton Trust Company opens new office in Georgia
Truxton Trust Company, a US-based wealth management firm, has opened a new office in Northeast Georgia in Athens.
TrimTabs and BarclayHedge report hedge funds get US$18.7 billion in April
BarclayHedge and TrimTabs Investment Research reported that the hedge fund industry took in US$18.7 billion (0.8% of assets) in April, up from US$10.6 billion (0.5% of assets) in March.