All articles by Verdict Staff

Verdict Staff

Dynamo Software launches Singapore office

Dynamo Software, a provider of asset management software for the alternative investment industry, has set up an Asia-Pacific (APAC) sales and client service office in Singapore.

Client-centricity boosting competition in wealth management

According to the Verdict Financial’s Global Wealth Markets Analytics, the global millionaire population reached nearly 9m in 2015 holding onshore liquid assets of US$30.2trn. In order to gain a share of their wallets and maximise returns, private banks are focused on reviving their firms’ brand values, and product and service offerings, writes Ouliana Smith, Head of Content ???????at WealthInsight

Hong Kong regulator inks fintech agreement with UK’s FCA

The Hong Kong Monetary Authority (HKMA) has signed an agreement with the UK’s Financial Conduct Authority (FCA) to promote innovation in finance.

Compliance, fee compression key concerns for advisers: SEI

Compliance issue, fee compression, and an increased investment in technology are the key concerns for financial advisers going into 2017 ahead of the implementation of the US Department of Labor (DOL) fiduciary role, according to a SEI report.

BMO Financial wealth arm net income rises 15% in Q4

BMO Financial’s wealth management unit has reported net income of C$279m for the fourth quarter of fiscal 2016, a jump of 15% from C$243m in the year ago quarter.

Over 55s increasingly targeted by investment fraudsters: FCA report

Recent pension freedoms and low interest rates with poor savings returns are making consumers aged more than 55 years an increasing target for investment fraudsters, according to a research by the Financial Conduct Authority (FCA).

Franklin Templeton to unveil new long-short credit fund

Franklin Templeton Investments is set to roll out a new multi-manager credit fund.

Prestige Fund Management expands Cayman operation with new hire

Prestige Fund Management (PFM), a Cayman-based investment management company, has appointed Peter Anderson as a director.

Saxo Bank signs white label agreement with Chinese fintech firm Phoenix Finance

Danish multi-asset service provider Saxo Bank has signed an agreement with Chinese financial technology firm Phoenix Finance to form a white label partnership.

LGT to take over ABN Amro’s Asia and Middle East private banking businesses

LGT, the private banking and asset management group owned by Princely Family of Liechtenstein, has agreed to acquire ABN Amro’s private banking operations in Asia and the Middle East for an undisclosed amount.