All articles by Verdict Staff

Verdict Staff

Hungary’s OTP Fund Management implements Charles River’s hosted solution

Charles River has announced that OTP Fund Management, Hungary’s largest institutional investment company, has implemented the private cloud-based Charles River Investment Management Solution (Charles River IMS) to streamline its Equity, Fixed Income, Derivatives and FX operations.

Torstone Technology opens new office in Singapore

Torstone Technology, a London-based provider of securities and derivatives processing software, has opened a new office in Singapore.

Cat bond market could more than double to US$50 billion by 2018: BNY Mellon

The number of catastrophe or cat bonds outstanding could more than double from the current level of US$19 billion to US$50 billion by the end of 2018, according to a report from BNY Mellon.

Charles Stanley buys Evercore Pan Asset

Charles Stanley Group, a UK-based investment management firm, has agreed to acquire the entire issued share capital of Evercore Pan Asset Capital Management (Pan Asset) for undisclosed amount.

Estancia Capital to make capital investment in Snowden Capital Advisors

Snowden Capital Advisors, a wealth advisory firm in the US, has secured a significant strategic growth capital investment from Estancia Capital Partners, a private equity fund.

Nuveen appoints head of institutional sales

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, has hired Maureen Beshar as Executive Vice President, Head of Institutional Sales.

St. James’s Place names new chairman

St. James’s Place, a UK-based wealth management business, has named Sarah Bates as its new chairman, succeeding Charles Gregson, with effect from 1 January 2014.

Standard Life launches study of successful adviser businesses

Standard Life has launched A Measure of Success, an in-depth study of best practice in market leading financial advice firms.

Appleby acquires Coutts’ trust businesses

Law firm Appleby has acquired two of Coutts’ trust businesses as part of its ongoing strategy to expand its fiduciary and administration business.

Mariner Wealth Advisors unveils new Mariner Trust Company

Mariner Wealth Advisors, an independent wealth advisory firm, has unveiled a new Mariner Trust Company to solve its client’s multi-generational wealth planning challenges.