All articles by Verdict Staff
Verdict Staff
Real estate to become next mainstream asset class: DeAWM
Asoka Wöhrmann, co chief investment officer of Deutsche Asset & Wealth Management’s (DeAWM), believes that real estate will become the next mainstream asset class.
Financial advisor Mark Orgel establishes independent wealth management business
Financial advisor Mark Orgel, recognized by Barron’s as one of the Nation’s top advisors in each of the past six years, has launched Orgel Wealth Management (Orgel), an employee-owned, independent investment advisory firm based in Altoona, Wisconsin.
Banco Itaú Suisse selects ERI’s platform for European private banking business
Banco Itaú Suisse, the Swiss business of Latin American bank Itaú Unibanco, has selected software vendor ERI’s OLYMPIC Banking System for its European private banking business.
Old Mutual Wealth appoints ex-Cofunds chief as non-executive director
Old Mutual Wealth Management has appointed former Cofunds chief, Charlie Eppinger, as its new independent non-executive director.
China’s Baidu to launch online wealth management platform
Chinese Internet search company Baidu is set launch an online wealth management platform next week in conjunction with China Asset Management.
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Wilmington Trust adds new members to wealth advisory team in Florida
Wilmington Trust added three new members to its Wealth Advisory team in the Florida market.
Societe Generale appoints chief region officer for Middle East
French bank Societe Generale has appointed Richad Soundardjee as the group chief region officer for Middle East, as well as CEO of Societe Generale Dubai.
China Securities banks on Fidessa for international expansion
Fidessa group has announced that a licensed corporation of China Securities (International) is using the Fidessa trading platform to set up its Hong Kong institutional equities business, its first wholly-owned subsidiary outside mainland China.
Willis bolsters global wealth solutions team in Hong Kong
Willis Group has bolstered its global wealth solutions team in Hong Kong with the appointment of Ivy Suen as managing director and head of sales for North Asia.
CLO risk retention could increase manager leverage: Fitch Ratings
Collateralized loan obligation (CLO) risk retention rules enacted in Europe and proposed in the US could increase balance sheet leverage for those asset managers who need to obtain financing to comply with the rules, according to Fitch Ratings.