All articles by Verdict Staff
Verdict Staff
Nordea AM plans to launch new distribution platform in Singapore
Nordea Asset Management is planning to launch a new distribution platform in Singapore and to partner with a sub-adviser in Hong Kong or Singapore.
UBS to woo super-rich customers in Africa
Swiss wealth manager UBS is planning to target wealthy people in oil-rich Nigeria and Angola as Credit Suisse Group has decided to retreat from few African markets to cut costs.
RC Brown poaches Rowan Dartington senior investment team
Fund manager R C Brown Investment Management (RCBIM) has poached Rowan Dartingtons senior investment team that managed their Signature business.
German government rebuffs idea to introduce wealth tax in Europe
The German Government has rebuffed the idea to introduce wealth taxes in Europe to reduce the gap between the rich and the poor.
JO Hambro Capital Management mulls expanding US presence
UK-based JO Hambro Capital Management (JOHCM) is planning to expand presence in the US by appointing a team of US-based managers alongside launching new US equity funds.
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Volomite Wealth Management merges with Russell Capital Management
US-based Volomite Wealth Management has merged with Russell Capital Management, according to Business Lexington.
DBS Bank to open 50 branches in India
Singapore-based DBS Bank is planning to open 50 branches in India in the next three years, with an aim to benefit from the new guidelines issued by Reserve Bank of India (RBI) for foreign banks.
Sanlam Private Investments expands presence in north England
Sanlam Private Investments has expands its presence in the north of England by appointing Richard Kirkham as an investment manager in its Harrogate office.
Linedata strengthens European custodian and fund administrator presence
Linedata, the global solutions provider dedicated to the investment management and credit industries, has announced that it continues to support its European custodian and fund administrator client base as demonstrated with the recent upgrades of four key Luxembourg-based clients to the latest version of Linedata Compliance.
Investec asset management unit reports 7% rise in H1 operating profit
The asset management business of Investec has reported operating profit of £71.9 million for the first six months ended 30 September 2013, an increase of 6.8% from £67.4 million in the previous year.