All articles by Verdict Staff

Verdict Staff

Carlyle Group completes acquisition of Metropolitan Real Estate Equity Management

Global alternative asset manager The Carlyle Group has closed its acquisition of Metropolitan Real Estate Equity Management, a global real estate multi-manager with more than US$2.6 billion in capital commitments.

Lighthouse Group to close Exeter office

Lighthouse Group, a UK-based autonomous financial advisory service group, is all set to close its Exeter office, as part of a restructure of the business.

Henderson appoints head of fixed income

Henderson has appointed Phil Apel as head of fixed income as of 4 November 2013.

Fiduciary firm Boston Group receives full trust licence in Malta

Boston Group, an Isle of Man-based family office and fiduciary firm, has received a full trust licence by the Malta Financial Services Authority as part of its ongoing strategy for service development and expansion.

Scotiabank names new president and CEO

Scotiabank has welcomed new President and CEO Brian Porter to his role.

Hargreave Hale raises £20 million for AIM VCT’s

UK-based Hargreave Hale is to raise £20 million fundraise for its alternative investment market (AIM) venture capital trust (VCT) range from new and existing investors.

BBVA deploys Broadridge PROactive Operational Control Solutions

Broadridge Financial Solutions has announced that BBVA Group has selected the PROactive Reconciliation and PROactive Control for Investigations solutions to automate reconciliations processing for its Corporate & Investment Banking and Asset Management divisions.

Satis expands team with appointment of senior wealth management and tax advisers

London-based wealth manager, Satis Asset Management (‘SAM’), has appointed two senior advisers, increasing its wealth management, tax and financial planning client services.

Funded status of US corporate pensions rises to 91.8% in October: BNY Mellon ISSG

Strong equity and fixed income returns in October contributed to rising assets for corporate defined benefit plans, public defined benefit plans, and endowments and foundations in the US, according to the BNY Mellon Investment Strategy & Solutions Group (ISSG).

QROPS Bureau rolls out new service for non-UK advisors

The Isle of Man-based QROPS Bureau plans to launch a new service for advisors based outside the UK in the coming months.