All articles by Verdict Staff

Verdict Staff

Clearwater merges with Advizer, IMAPLynx to target mid-market

Clearwater Corporate Finance, a UK-based advisory firm, has merged its operations with Danish firm Advizer and IMAP¬Lynx, which is based in Spain and Portugal, to further boost its international capabilities.

Barings considers launching Hong Kong domiciled funds early next year

Baring Asset Management is reportedly considering launching a series of Hong Kong domiciled funds in early 2015.

IFA Bradbury Hamilton buys SBB Consulting

Bradbury Hamilton, a London-based IFA, has purchased SBB Consulting, a Leeds-based advisory firm, for an undisclosed sum.

Institutional US equity volume traded as a block grew from 11% in 2012 to 12% in 2013: TABB

The percentage of institutional volume traded as a block increased from 11% in 2012 to 12% in 2013, according to a research conducted by TABB Group.

UBS partners with Bydand Global to launch farmland investment service

UBS Global Asset Management has partnered with an Australian farmland operator, Bydand Global Agriculture, to launch a new Australian and New Zealand farmland investment vehicle.

LSE nears deal to buy Russell Investments

The London Stock Exchange Group (LSE) is reported to be in advanced talks with Northwestern Mutual to acquire its asset management subsidiary Russell Investments in a deal worth $2.8 billion.

Mirabaud Asset Management appoints business development head in Italy

Swiss boutique Mirabaud Asset Management has appointed David Basola as new head of business development for Italy.

Commonwealth Bank appoints new directors

Commonwealth Bank of Australia has appointed Shirish Apte and Sir David Higgins as new independent non-executive directors of the Bank.

SEC charges dark pool operator with failing to safeguard confidential trading information

The Securities and Exchange Commission (SEC) has charged a New York-based brokerage firm that operates a dark pool alternative trading system with improperly using subscribers’ confidential trading information in marketing its services.

Bridges Financial Services acquires CUA’s financial planning business

Bridges Financial Services, part of the IOOF group, has acquired the financial planning business of Credit Union Australia (CUA) for an undisclosed sum.