All articles by Verdict Staff
Verdict Staff
Over US$1 trillion to change hands in Canada when assets transfer to younger generation
An estimated US$1 trillion, or more, is positioned to change hands in Canada over the coming years as baby boomers age and assets begin to transfer to younger generations, according to RBC Wealth Management.
JP Morgan Asset Management unveils new income fund
JP Morgan Asset Management has unveiled a new flexible income fund for investors seeking for yield.
UK’s FCA finalises rules to improve protection of client money and custody assets
The Financial Conduct Authority (FCA) has finalised changes to the client money and custody assets (client assets) rules.
EFG chairman to step down next year; sells part of stake in company
Jean Pierre Cuoni has dcided to step down as chairman of EFG International in 2015 and is disposing of 30% of the Cuonis’ family shareholding in the company.
Lovell Minnick Partners to acquire minority stake in 361 Capital
Lovell Minnick Partners, a private equity firm focused on financial services, has signed an agreement to acquire a minority ownership stake in 361 Capital, a Denver-based alternatives firm.
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Tower Gate plans to roll out AIFMD compliance service
London-based Tower Gate Capital has submitted application to the Financial Conduct Authority (FCA) to roll out its latest compliance platform under the Alternative Investment Fund Managers Directive AIFMD.
Alpha FMC expands senior leadership to support US business growth
Alpha FMC has added three senior leaders to its New York office as part of its plans to rapidily expand its US business.
Sandlapper Wealth Management completes acquisition of Colony Park Financial
Sandlapper Wealth Management, a Greenville-based registered investment advisory firm, has wrapped up the takeover of Colony Park Financial Services of Dunwoody, Georgia.
Morgan Stanley reduces staff from currency and trading units
American financial institution Morgan Stanley is reducing staff force across its currency and rates trading businesses to address slow market environment.
South Africa signs FATCA deal with US
South Africa has signed an intergovernmental agreement with US to improve international tax compliance and to implement the Foreign Account Tax Compliance Act (FATCA).