All articles by Verdict Staff

Verdict Staff

Aberdeen Asset Management names new emerging-market corporate debt head

Aberdeen Asset Management has appointed Siddharth Dahiya as new head of emerging-market corporate debt, replacing Esther Chan.

Praemium Asia signs agreement with Dah Sing Bank

Praemium Asia, a subsidiary of an Australia-based wealth management firm Praemium, has signed an agreement with Hong-Kong based Dah Sing Bank to provide customized software via WealthCraft’s customer relationship management, workflow and financial planning modules.

Manulife Financial opens representative office in Myanmar

Manulife Financial has opened a representative office in Yangon, Myanmar, as part of its strategy to re-establish its presence in the country after a 70-year gap.

Advisors focused on portfolio management and investment allocation in Q1: Fidelity survey

The survey conducted by Fidelity Financial Advisor Solutions found that advisors were increasingly focused on portfolio management in the first quarter of 2014, while fixed income also remained top-of-mind.

Foundations, endowments up emerging markets investment exposure, seek higher returns: eVestment report

eVestment’s latest report, “Investor Trends Report: Foundations & Endowments,” looks at allocation decisions and market exposures among foundations and endowments (F&E) around the world.

AXA Wealth investment platform assets hit £8 billion

AXA Wealth has revealed that the assets on its adviser investment platform, Elevate, have hit £8 billion. This follows an increase in flows onto the platform of nearly one third during the first quarter of the year.

Canada Life Investments to launch new targeted volatility strategic fund

Canada Life Investments, a UK-based asset manager, is planning to launch a new targeted volatility strategic fund to compete with absolute return giants.

India equity market outperformed all other EM countries within Russell EM Index

India outperformed all other emerging market countries within the Russell Emerging Markets Index, with a 4.4% return in the three market days from the May 16 election of Narendra Modi and the conservative Bharatiya Janata Party (BJP) through May 20.

Manchester Capital Management appoints new senior managing director

Manchester Capital Management (MCM), a US-based wealth management firm, has appointed Daniel Goldstein as new senior managing director.

Credit Suisse CEO says no plans to step down after fine

Credit Suisse CEO Brady Dougan told a Swiss publication that he has no plans to quit after the lender pleaded guilty to a US criminal charge.