All articles by Verdict Staff

Invesco PowerShares names new EMEA head

Invesco PowerShares, an exchange traded fund (ETF) provider, has named Bryon Lake as new head of its EMEA ETF business.

Till Capital acquires 10% of Courant Capital Management

Till Capital, a Bermuda domiciled reinsurance provider, has acquired a 10% interest in Courant Capital Management, a New York-based alternative money management firm.

Q1 2014 gold demand shows core fundamentals remain robust

The latest World Gold Council Gold Demand Trends report, which covers the period January-March 2014, shows a return to the long-term quarterly average demand trends established over the past five years.

Virtusa and Investor Analytics partner to offer AIFMD reporting for hedge funds managers

Virtusa, a US-based IT services company, has announced that its CSalt solution will now integrate seamlessly with Investor Analytics’ Risk Platform to streamline and simplify Alternative Investment Fund Managers Directive (AIFMD) Annex IV reporting.

London’s Gain, Trustees Pain

With London as perhaps the world’s most international city, clients increasingly live and own assets across several countries. This makes the job of trustees and professional advisers much more complex.

It is a sobering example, but believe it or not the assets of wealthy individuals can be overlooked, particularly on death or ownership change. Portfolio management for multi-jurisdictional clients is different from what more UK centric clients need. Not all wealth managers are equipped to cope.

So what is important?

NBAD appoints head of investment group in Switzerland

NBAD Private Bank (Suisse), the wholly-owned Swiss subsidiary of the National Bank Of Abu Dhabi, has appointed Tony Zeiger as the head of investment group.

VTB Bank signs cooperation agreement with Bank of China

VTB Bank and Bank of China have signed an agreement on cooperation in the presence of Russian president Vladimir Putin and Chinese president Xi Jinping.

361 Capital to expand alternative mutual fund offerings

361 Capital, an asset management firm specializing in liquid alternative investments, has announced its plans to expand its family of alternative mutual funds by launching a series of funds that will be sub-advised by single managers with proven alternative asset management track records.

United Capital to implement Vestorly Platform to boost advisers’ communications

United Capital, a registered investment advisory firm, has selected Vestorly’s technology platform to enable its financial advisers to share personalized content experiences with both clients and prospects.

Charles Stanley’s national accounts director quits

Charles Stanley’s national accounts director Ian Meredith has quit the firm to rejoin Fidelity.