All articles by Verdict Staff
Verdict Staff
AmIslamic Bank receives approval to launch MYR3 billion sukuk
AmIslamic Bank has received approval from the Securities Commission Malaysia to set up a Subordinated Sukuk Murabahah Program worth MYR3 billion (US$902.86 million).
Withers expands wealth planning practice in Asia
Withers, a London headquartered law firm, has expanded its Asian wealth planning practice by relocating one of its lawyers based in the US to Hong Kong.
Reliance Financial to acquire Trust Management
Reliance Financial Corporation (RFC), an Atlanta-based wealth management firm, has agreed to buy Ft. Worth, Texas-based Trust Management (TMI).
Towers Watson sees clients’ smart beta assets double in a year
Global professional services company Towers Watson’s institutional investor clients made over twice as many new investments in smart beta strategies during 2013, approximately US$11 billion across over 180 portfolios, compared to the year before (approximately US$5 billion across almost 130 portfolios), according to company data.
Strategic Capital Alternatives enters into strategic partnership with Alternative Capital Advisers
Strategic Capital Alternatives (SCA) has selected Alternative Capital Advisers (ACA) to offer an alternative investment vehicle to its network of independent investment advisors and affiliated RIAs.
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Nomura Asset Management expands emerging markets equity team in UK
Nomura Asset Management has bolstered its emerging markets equity team in UK by appointing Nick Payne as a new portfolio manager for Latin America.
Gemini Hedge Fund Services chooses SunGard to enhance operational efficiency
Gemini Hedge Fund Services has selected SunGard’s Hedge360, a front-to-back office hedge fund investment management application suite, as its new platform to enhance operational efficiency.
Canadians build financial security with one trillion dollars in mutual funds: IFIC
Canadians have accumulated savings of one trillion dollars in mutual funds – marking the first time in their 82-year history in Canada that funds have topped this significant milestone, according to The Investment Funds Institute of Canada (IFIC).
AXA Wealth Elevate first to integrate to Dynamic Planner for multiple transactions
AXA Wealth Elevate has partnered with Distribution Technology’s (DT) Dynamic Planner as part of its commitment to make the platform as efficient and productive as possible for advisers, leaving them time for more direct client contact.
Credit Agricole’s private banking arm AuM reaches EUR132.2 billion during Q4
Credit Agricole’s private banking business assets under management (AuM) stood at EUR132.2 billion at 31 December 2013, stable compared with end-December 2012.