All articles by Verdict Staff
Verdict Staff
Northwest to acquire Evans Capital Management
US-based Northwest Savings Bank has agreed to acquire Evans Capital Management (ECM), a financial advisory firm that manages over US$240 million in assets.
Cofunds enters into new strategic partnership with Intelliflo
Cofunds has entered into a new strategic partnership with Intelliflo, a developer of business management software, to boost adviser efficiency by offering them straight-through processing functionality.
Cayman Islands signs AIFMD cooperation agreement with Germany
The Cayman Islands Monetary Authority (CIMA) has signed a memorandum of understanding (MoU) with the German counterpart Bafin in relation to the Alternative Investment Funds Management Directive (AIFMD).
Chinas wealthy continue to grow
This press release is part of a series of annual updates on major markets for 2012/2013. It follows on from WealthInsight’s report on China, entitled: China 2013 Wealth Book
Labuan IBFC partner with INCEIF to conduct research in Islamic wealth management
The Labuan International Business and Financial Centre (IBFC) and the International Centre for Education in Islamic Finance (INCEIF) are expected to sign a memorandum of understanding (MoU) to conduct research in Islamic wealth management.
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IOMA strengthens business development team with new hires
IOMA Group, an Isle of Man-based wealth management firm, has strengthened its business development team with two new appointments.
Apax Partners opens office in São Paulo
In conjunction with the opening of its office in São Paulo, Apax Partners (Apax), one of the world’s largest private equity groups, said that it is planning to invest a portion of Apax VIII, a US$7.5 billion global fund that Apax advises, in Brazil and Latin America more broadly, as well as in other emerging markets.
Rise of the Arab Financier
This press release is part of a series of annual updates on major markets for 2012/2013. It follows on from WealthInsight’s report on UAE, entitled: UAE 2013 Wealth Book
Kames Capital to launch new property fund
Kames Capital, a part of the Aegon Group of companies, is set to launch a Property Authorised Investment Fund (PAIF) for retail investors in the first quarter of 2014.
French authorities raid UBS Paris office in tax fraud probe
Paris headquarters of Swiss bank UBS were raided by the French investigators as part of a probe into the Swiss bank’s alleged role in enabling the wealthy clients in France to hide their money from local tax authorities through undeclared bank accounts.