All articles by Verdict Staff

Verdict Staff

Challenges lie ahead for wealth managers: Booz & Company

Assets under management have seen a significant upswing around the world but these gains have not translated into the top-and-bottom-line growth that wealth managers would expect based on past recoveries, according to Booz & Company.

Threadneedle receives license to offer Islamic finance services in Malaysia

Threadneedle Investments has received licence in Malaysia to offer Shariah compliant services to institutional investors.

Forefront Capital expands footprint in Asia

Forefront Capital, a private wealth management firm, has launched a new subsidiary called Forefront Asia Limited to expand footprint in Asian region.

Institutional investors poised to increase alternative investment allocations in 2014

Major institutional investors around the world are poised to increase their allocations to alternative investments, with a bias towards real estate and real assets, during 2014, according to a global survey of institutions conducted by BlackRock.

S&P Capital IQ to shut down fund research and rating business

S&P Capital IQ is set to shut down its fund research and rating business in following a strategic review.

BNY Mellon opens new wealth management office in San Diego

BNY Mellon has opened a wealth management office in San Diego as part of the firm’s strategy to strengthen its presence in the Southern California wealth market.

EU wealth management restrictions may hamper Swiss economy, says ASPB

The European Union’s planned stringent marketing restrictions on cross-border wealth management may slow down economy of Switzerland, according to the Association of Swiss Private Banks (ASPB).

Thames River chief executive exits

Thames River chief executive Toby Hampden-Acton has stepped down, with several other senior managers also exiting the firm.

RBC Global Asset Management launches four new ETFs

RBC Global Asset Management has launched four new Exchange Traded Funds (ETFs) specifically designed to meet investors’ demand for investments generating regular monthly income.

Canaccord Genuity Wealth Management appoints new president

Canada-based Canaccord Genuity Wealth Management has appointed Stuart Raftus as its new president, effective immediately.