All articles by Verdict Staff
Verdict Staff
Morgan Stanley Wealth Management restructures leadership team
Morgan Stanley Wealth Management has restructured its leadership team by creating a new strategy role for one executive and promoting two others.
The Colony Group names six new principals
The Colony Group has announced the elevation of Patrick Donnelly, CFP, Rick Macdonald, CFA, CFP, Erin Manganello, CFP, Peter Mitrano, CFA, CFP, Joseph Salvati, CFP, and Janet Tighe, CFP, as Principals.
Aberdeen Asset Management to buy 80% stake in Indonesian money manger
Aberdeen Asset Management has agreed acquire an 80% stake in Indonesian fund house NISP Asset Management from its parent, NISP Sekuritas.
European Commission Greek Presidency reaches provisional agreement on UCITS
The Greek Presidency has reached a provisional political agreement with the European Parliament on new EU rules on regulated investment funds regarding depositary functions, remuneration policies and sanctions.
Palmer Capital opens new office in Warsaw
UK-based fund manager Palmer Capital has expanded its presence in Central Europe by opening a new office in Warsaw, Poland.
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UK, Singapore agree to increase financial services cooperation
The UK and Singapore have agreed to set up a UK-Singapore Financial Dialogue, which will focus on deepening financial and economic cooperation between the two countries.
Lazard AM unveils offshore version of global equity income fund
Lazard Asset Management has unveiled an offshore version of its £315 million (US$525.01 million) Global Equity Income fund.
US Trust expands financial empowerment program, includes online reputation
US Trust has expanded its Financial Empowerment Program to address risks to family wealth in an online world.
RBS wealth arm registers 13% decline in annual profit
The wealth division of Royal Bank of Scotland (RBS), which includes Coutts, has posted an operating profit before impairments of £250 million (US$416.5 million) in 2013, a decline of 13% from £289 million a year ago.
Fidelity Charitable appoints new president
Amy N. Danforth has been appointed president of Fidelity Charitable, an independent public charity with a donor-advised fund program.