All articles by Verdict Staff
Verdict Staff
Carlyle to acquire Canadas Diversified Global AM
American private-equity firm Carlyle Group is set to buy Canada-based Diversified Global Asset Management (DGAM) to expand from private equity.
Incapital, Nuveen Asset Management partner to launch new equity unit trust
Incapital, an underwriter and distributor of securities and investment products, has partnered with Nuveen Asset Management to launch a new equity unit trust in early 2014 that is designed to help individual investors reach their long-term investment objectives.
NewSmith AM appoints new distribution head for UK and Europe
NewSmith Asset Management (NSAM) has appointed Matthew Wright as partner and head of UK and European distribution.
Manulife Asset Management bolsters institutional sales network
Manulife Asset Management has bolstered its institutional sales network by expanding its Asian executive’s role and by adding a new European sales capability.
Gumbiner Savett appoints new international tax director in Santa Monica
Gumbiner Savett, a Southern California based full-service accounting, tax and business advisory firm, has appointed Jason Powell as director of international tax based in Santa Monica.
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Oaktree signs MoU with China Cinda AM
US-based Oaktree Capital Group has signed a Memorandum of Understanding (MoU) with China Cinda Asset Management to invest in distressed assets in China and to explore distressed assets investments in markets outside China.
Millionaires looking for long-term care advice: Spectrem
Millionaires who do not currently have long-term care or estate plans are going to be asking their advisors for that information in the near future, according to a Spectrem study.
Seven UK asset managers team up to gather information on end investors needs
Seven asset managers in the UK have teamed up to bring about changes to their fund ranges by collecting information on end investors needs.
Espirito Santo Bank restructures its executive team
Miami-based Espirito Santo Bank, a subsidiary of Portugal-based Banco Espirito Santo, has restructure its executive team and appointed a Wells Fargos wealth management executive.
Credit Suisse chalks out restructuring plan
Swiss bank Credit Suisse has chalked out a restructuring plan, under which it aims to separate its domestic operations from its risky investment banking business.