All articles by Verdict Staff

Verdict Staff

Old Mutual Wealth in talks to buy stake in Cirilium

Old Mutual Wealth is planning to buy 50% stake in Cirilium, a joint investment venture between Henderson and Intrinsic Financial Services.

Broader view of investment needed in a service based economy, TheCityUK economists warn

TheCityUK’s Independent Economist Group (IEG), chaired by Andrew Sentance, has released a new report “Sustaining the UK recovery: What is the role of business investment ?” calling on the Government to reassess the data it uses to evaluate investment, saying the current measures are not suitable for the UK’s service-led economy.

Multi-asset fund sales lead the way in Q1:Skandia

Sales into multi-asset funds accounted for nearly a third (32%) of all net sales during Q1, according to figures from the Skandia Investment Solutions platform.

BNY Mellon names new head of APAC sales and relationship management

BNY Mellon has named Filippo Santilli as new head of Asia-Pacific sales and relationship management for its global collateral services business.

Eaton Partners establishes global secondary advisory business

Eaton Partners, a US-based placement agent, has established a new global secondary advisory business.

WaveStone Capital launches new Australian long-only equity fund

Wavestone Capital has launched a new long-only Australian equity fund to capture demand for quality and growth-styled portfolios.

GAM Holding AuM slips marginally in Q1

GAM Holding, a Switzerland-based wealth management and investment firm, has reported that assets under management (AuM) in investment management unit slipped marginally to CHF69.6 billion at the end of March 2014, compared to CHF69.8 billion at the end of December.

GCG Financial names new MD for wealth management

GCG Financial has appointed Andrew Gluck as the new managing director of wealth management.

UBS relocates head of SWF business to Dubai

Swiss bank UBS has reportedly relocated the work of Alberto Palombi, head of global sovereign wealth funds (SWF) business, from London to Dubai.

Cheyne Capital to raise up to £300 million for impact property fund: report

Cheyne Capital, London-based hedge fund manager, is reportedly seeking to raise up to £300 million for a property fund that will invest in projects with a positive social impact.