All articles by Verdict Staff

Verdict Staff

Oppenheim Asset Management Services selects KNEIP for AIFMD reporting

Oppenheim Asset Management Services (OPAM) has selected KNEIP to carry out transparency reporting under the Alternative Investment Fund Management Directive (AIFMD).

Barclays Wealth to axe private banking for sub-£500k clients

Barclays Wealth is planning to slash its private banking services for clients with less than £500,000.

Brown Advisory appoints new portfolio manager in North Carolina

Brown Advisory, a US-based independent investment management firm, has appointed Edward Tune as its new portfolio manager and partner in North Carolina.

Meriten Investment Management appoints new chief investment officer

German investment boutique Meriten Investment Management has appointed Thomas Herbert as its new chief investment officer with immediate effect.

Praemium set to launch new retail SMA platform

Praemium, an Australia-based wealth management firm, is planning to launch a new version of its separately managed account (SMA) platform, the Premium SuperSMA, for the retail superannuation space in February 2014.

Dynamic Funds strengthens several funds with co-portfolio manager appointments

Dynamic Funds has announced several portfolio management appointments to certain funds in order to strengthen and enhance the investment expertise on these funds.

Gazprombank Asset Management unveils new emerging Europe equities fund

Gazprombank Asset Management, a Russian-based firm, has unveiled new Luxembourg domiciled UCITS fund, the GPB Emerging Europe Equities Fund.

RCS Capital Corporation agrees to acquire Cetera Financial Group

RCS Capital Corporation has entered into an agreement to acquire Cetera Financial Group from Lightyear Capital for US$1.15 billion in cash, subject to certain customary adjustments.

BBVA Compass welcomes new San Antonio wealth management market executive

BBVA Compass has promoted Mary Mahlie to San Antonio market executive of Trust and Wealth Management.

Deutsche Bank 2013 pretax profit soars 154%

Deutsche Bank has reported 154% increase in group income before income taxes (IBIT) to EUR 2.1 billion (US$2.8 billion) for the full year 2013 compared to the same period in 2012.