All articles by Verdict Staff
Verdict Staff
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.
US Bancorp Fund Services acquires Quintillion
US Bancorp Fund Services, a subsidiary of US Bancorp, has agreed to acquire Quintillion Limited (Quintillion), an Ireland domiciled full-service hedge fund administrator.
More than 50% millionaires trust their advisors for majority of financial needs: Spectrem
Almost half of all Millionaire investors rely on and trust their financial advisor for the vast majority of their financial needs, a Spectrem report on wealthy investors reveals.
Triangle names ex-Barclays executive as new CEO
Triangle, a London-based investment, development and asset management group, has appointed ex Barclays head of international wealth advisory, Rick Denton as its new CEO.
Commonwealth Bank of Australia opens Beijing branch
Australian, international and Chinese organisations operating in Beijing, China, are now able to source a range of corporate and institutional banking services from Commonwealth Bank of Australia with the opening of a Beijing branch.
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Clark Hutchison to join Deutsche Bank as head of US Listed Derivatives
Deutsche Bank has announced that Clark Hutchison will join as a Managing Director and Head of US Listed Derivatives.
New investment advisory firm launches in New York
Social impact investment specialists Christina Alfonso and Alexandra Cart have established an investment advisory firm called Madeira Global in New York to serve the high-net-worth individuals and family offices engage in impact investing.
INDOS Financial attracts first AIFMD depositary-lite clients
INDOS Financial, the only independent AIFMD depositary that has applied to the FCA for authorization, has announced provisional contracts with its first clients.
BlackRock releases new research report, The Secrets of Highly Effective Savers
How Americans feel about the process of saving for retirement has a direct effect on their actions and success as savers.
FCA reviewing gold benchmarks – report
The UKs Financial Conduct Authority (FCA) is investigating benchmarks used in the gold market as part of a probe of how global rates are set.