All articles by Verdict Staff

Verdict Staff

Credit Suisse, EY introduces latest study report

A report from Credit Suisse, EY, and University of St. Gallen, entitled, “The Family Office Dynamic: Pathway to Successful Family and Wealth Management,” provides a comprehensive guide to setting up a family office and best practices within the sector.

US court dismisses banking associations’ challenge to offshore tax avoidance regulations

The US District Court in the District of Columbia has rejected a challenge filed by the Florida Bankers Association and Texas Bankers Association challenging regulations governing offshore tax avoidance in the Caribbean and other places.

GrizzlyRock Capital bolsters management team with new hires

GrizzlyRock Capital, an alternative asset management firm which specializes in the credit and equity markets, has expanded its management team by hiring Chris Ricciardi as managing partner and head of business development, and Doug Laux as new chief financial officer.

Skandia appoints new managing director of UK distribution

Skandia, part of Old Mutual Wealth, has appointed Scott Goodsir as new managing director for UK distribution, effective March 2014.

Jupiter Fund Management AuM crosses £30 billion mark

Jupiter Fund Management’s assets under management (AuM) increased to £31.7 billion in the three months to 31 December 2013 from £26.27 billion in the previous year.

Barclays Africa divests stake in Absa Capital Private Equity Fund

Barclays Africa has offloaded its 73.3% stake in Absa Capital Private Equity Fund to a consortium consisting of HarbourVest and Coller Capital.

Wilson HTM Investment Group appoints new company secretary

Wilson HTM Investment Group, an Australian wealth management firm, has named Don Mackenzie as its new company secretary replacing Karen Penrose.

East Capital unveils new China A-Shares Fund

East Capital, a Sweden-based emerging markets specialist, has unveiled a new Luxembourg registered China A-Shares Fund under the Qualified Foreign Institutional Investor (QFII) programme.

Swiss financial watchdog CEO resigns

In a surprise move, Patrick Raaflaub – head of Switzerland’s financial regulator FINMA – has decided to step down from his role at the end of this month.

Highline Wealth Management announces two more deals; adds RIA, wirehouse advisor

Highline Wealth Management has added two more advisors to the firm, one from the wirehouse environment and one joining from another RIA.