All articles by Verdict Staff

Verdict Staff

Deutsche Bank appoints Patrick O’Rourke as chief country officer for New Zealand

Deutsche Bank has appointed Patrick O’Rourke as chief country officer for Deutsche Bank in New Zealand.

Mirae Asset Global Investments forays into MENA region

South Korea-based Mirae Asset Global Investments is foraying into the Middle East and North Africa region by setting up a new distribution team.

EU committee agrees on directive improving rules for collective investment funds

EU Permanent Representative Committee (COREPER II) has confirmed the Member States agreement on the Directive amending the current legislation on the harmonised functioning of collective investment funds and aiming at strengthening investors confidence.

Smith & Williamson hires new investment management partner

Smith & Williamson has hired Michael Pagliari as its new investment management partner.

Convergent Wealth Advisors expands in New York and Los Angeles

Convergent Wealth Advisors has bolstered its presence in New York and Los Angeles by appointing Charlie Winn from Goldman Sachs as new managing director, strategic relationships.

Heward Investment selects SS&C Technologies for wealth management platform

Heward Investment Management has selected SS&C Technologies’s Global Wealth Platform (GWP) to streamline and enhance operations across its investment management business.

More millionaires are using advisors: Spectrem

Among investors 44 years of age and younger, the most popular type of advisor is an accountant, with 29% using that sort of planner, according to a research by Spectrem Group.

Japanese investment trusts to witness US$680 billion boost in next five years: NRI, Cerulli

Tax-exempt NISA will attract between ¥6 trillion and ¥14 trillion annually over the next five years, potentially reaching an estimated ¥68 trillion, according a joint report from Cerulli Associates and Nomura Research Institute (NRI) entitled Asset Management in Japan 2013: Opportunities and Challenges for Foreign Managers.

UBS appoints new Turkey country head

UBS has appointed Meltem Cagan as its new country head for Turkey.

Credit Suisse sells German private banking business to ABN AMRO subsidiary

Swiss banking giant Credit Suisse Group has agreed to sell its domestic private banking activities in Germany to Bethmann Bank, ABN AMRO’s private bank in Germany.