All articles by Verdict Staff

Verdict Staff

Old Mutual Wealth collaborates with CII to launch investment academy

Old Mutual Wealth has partnered with the Chartered Insurance Institute (CII) to launch an investment academy to maximise consumer’s access to chartered advisers.

Hong Kong SFC rolls out consultation on asset management regulation

Hong Kong’s Securities and Futures Commission (SFC) has introduced a consultation on proposals to improve the regulation of the asset management industry in the Asian financial hub.

Centuria to acquire 360 Capital Group’s real estate management platform

Australian real estate fund manager Centuria Capital has agreed to acquire 360 Capital Group’s property management platform for $290.7m.

Finance professionals regard technology as opportunity rather than threat: CIMA study

Finance professionals do not fear the rise of artificial intelligence, automation and robots despite popular fears which range from job losses to doomsday scenarios, a survey conducted by the Chartered Institute of Management Accountants (CIMA) has found.

Majority of hedge funds see outflows in October: eVestment

According to eVestment’s latest Hedge Fund Industry Asset Flows Report the breadth of hedge fund asset outflows in October was the industries’ largest in 2016, with 61% of reporting funds seeing net outflows for the month.

Abigail Johnson to succeed her father as chairman of Fidelity Investments

Fidelity Investments has announced that Edward Johnson will step down as chairman of the company next month and will be succeeded by his daughter Abigail Johnson.

Lombard Odier hires head of independent asset managers UK

Lombard Odier Private Bank has appointed Michael Le Garignon as head of independent asset managers (IAM) UK as part of its strategy to bolster its presence in the UK.

J.P. Morgan Asset Management names new CEO for Australia

J.P. Morgan Asset Management (JPMAM) has appointed Rachel Farrell to the newly-created role of CEO and country head of global investment management (GIM) for Australia.

Bank of Singapore receives licence to open branch in Dubai

Bank of Singapore, a private banking subsidiary OCBC Bank, has received Category 4 licence to open a new branch in the Dubai International Financial Centre (DIFC), UAE.

IBM concludes Promontory Financial acquisition

Tech giant IBM has wrapped up the acquisition of Promontory Financial Group, a risk management and regulatory compliance consulting firm.