All articles by Verdict Staff

Verdict Staff

Cantor Fitzgerald acquires Efficient Market Advisors

Cantor Fitzgerald Investment Advisors (CFIA), a unit of Cantor Fitzgerald, has acquired the businesses of San Diego ETF investment firm Efficient Market Advisors (EMA) for an undisclosed sum.

Downing unveils investment trust

Downing, a UK-based investment management firm, has launched its first investment trust focused on the micro-cap space in the UK.

ZEDRA taps Sovos to automate tax reporting

ZEDRA, a provider of independent trust, fiduciary, corporate and fund services, has selected Sovos’ AEOI Reporting solution to automate multi-jurisdiction tax reporting.

Industry veterans launch new private office in London

Owl Private Office (Owl), a new advisory service for families and endowments founded by three industry veterans, has formally commenced operations in Westminster, London.

Kasikorn partners Eastspring to launch new Asian fixed income fund

Kasikorn Asset Management has joined forces with Eastspring Investments to co-manage a new Asian fixed income fund to be launched in Thailand.

Warburg Pincus to acquire a 35% stake in Avaloq

Private equity group Warburg Pincus has agreed to acquire a 35% stake in Swiss fintech firm Avaloq from existing shareholders.

China eases licensing rules for foreign banks

The China Banking Regulatory Commission (CBRC) has eased licensing requirements for foreign banks to boost competition in the sector.

Crestline Investors hires new managing director

Crestline Investors, a Texas-based institutional alternative asset management firm, has appointed Chris Golio as its managing director.

IBM, SecureKey collaborate to develop blockchain digital identity network

Tech giant IBM and Canadian identity and security provider SecureKey have teamed up to develop a digital identity network based on blockchain technology.

Fairstone Group acquires three advisory firms

Fairstone Group, a UK-based chartered financial planning firm, has snapped up advisory businesses Campbell Harrison, Mortgage Find, Pensions & Wealth Management Services- via its downstream buyout programme.