All articles by Verdict Staff
Verdict Staff
SEC charges investment adviser with defrauding 80 clients
The Securities and Exchange Commission has filed an emergency enforcement action to halt an ongoing fraud by an investment adviser based in Albany, N.Y., who is charged with lying to clients about the success of their investments while stealing their money for his personal use.
Skagen unveils new global corporate bond fund
Skagen has unveiled a new global corporate bond fund that aims to maximise returns by investing in the corporate debt market.
Wells Fargo Advisors lures US$1.5 billion advisory team from JP Morgan
Wells Fargo Advisors has lured a team of three financial advisors from JP Morgan Private Client Service Group that managed US$1.5 billion in client assets.
Thomas Miller Investment seeking acquisition opportunities in UK: report
Thomas Miller Investment is reportedly seeking additional acquisition opportunities in the UK later this year in a bid to expand its footprint in the offshore market.
UBS names new Asia-Pacific head of asset management
UBS has named Rene Buehlmann as new head of asset management in the Asia-Pacific region, replacing Kai Sotorp.
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Goldman Sachs keen to bulk up commercial banking, wealth management teams
Goldman Sachs Group has outlined plans to expand its commercial banking and wealth management business to accelerate expansion in the US.
Morningstar names new director of North American manager research
Morningstar has named Jon Hale as director of manager research for North America, reporting to Scott Burns, Morningstars global director of manager research.
DeAWM partners with Ivory Investment to launch new equity fund
Deutsche Asset & Wealth Management (DeAWM) has entered into a partnership areeement with a Los Angeles- based hedge fund Ivory Investment Management to launch a new US equity fund.
Neptune Investment Management names new head of strategy
Neptune Investment Management has named Charlie Parker as new head of strategy, effective September 2014.
SYZ & CO introduces retail share class for Oyster European Selection fund
Swiss banking group SYZ & CO has introduced a new retail share class for its European Selection Fund.