All articles by Verdict Staff
Verdict Staff
GFSC reports investment sector statistics for fourth quarter 2013
Guernsey Financial Services Commission has reported fourth quarter 2013 statistics for investment fund sector.
Falcon Investment Advisors adding staff in Singapore office
Dubai-based single-family office Falcon Investment Advisors has reportedly begun adding staff in its Singapore office as part of its strategy to become a multi-family shop.
KFIC appoints new head for wealth management department
Kuwait Finance and Investment Company (KFIC) has appointed Thamer Ali Al-Tahous as head of wealth management department in its assets division.
Sprott Asset Management appoints new CEO
Sprott Asset Management (SAM), a wholly-owned subsidiary of Sprott, has appointed John Wilson as its new CEO, effective immediately.
Banks expect wealth management practices to grow 25% in next five years: Fidelity
Fidelity Institutional has released findings from the inaugural Fidelity Bank Wealth Management Study, for which the firm interviewed more than 140 senior bank executives.
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LGIM operating profit grew by 12% in 2013
British asset management firm Legal & General Investment Management (LGIM) has posted an operating profit of £304 million for 2013, an increase of 12% from £272 million a year ago.
Capital Group to open office in Madrid
Capital Group, a US-based investment management services provider, is planning to open a local office in Madrid, Spain.
Scivantage launches new investor platform for financial institutions
Scivantage, a provider of technology solutions to wealth management and online brokerage firms, has launched the next generation of its Scivantage Investor platform.
BEA Life launches WealthBuilder RMB Insurance
The Bank of East Asia has launched the WealthBuilder RMB Insurance plan by BEA Life Limited, BEA’s wholly-owned life insurance arm.
Investors reluctant to put money into high risk investments: Spectrem
Less than half of investors are willing to put money into high risk investments. Unregulated products such as hedge funds tend to be high risk, as does others known as alternative investments, according to a study conducted on high-net-worth-millennials by Spectrum.