All articles by Verdict Staff

Verdict Staff

NZ Superannuation Fund appoints Northern Trust for new passive global equities mandates

The New Zealand Superannuation Fund has appointed Northern Trust’s asset management arm to manage four new passive global equities mandates.

Monetary Authority of Singapore Consults on proposals to facilitate better understanding of prospectuses

The Monetary Authority of Singapore (MAS) has released a consultation paper on proposed enhancements to the current rules relating to prospectus disclosures for offers of securities.

Canaccord Genuity Wealth Management appoints UK head of wealth planning

Canaccord Genuity Wealth Management (CGWM) has appointed Chris Albert as head of wealth planning for its UK business.

Oracle Capital Group forms alliance with Third Rome Group to increase global reach

Oracle Capital Group, the global independent multi-family office and wealth consultancy has established a strategic alliance with Third Rome Group to expand its presence and reach within the Russian investment services and wealth management markets.

Deutsche Börse CTO and Clearstream CIO departs

Yves Baguet, Member of the Executive Board of Clearstream International S.A., Clearstream’s Chief Information Officer (CIO) and, since February 2013, the Chief Technology Officer (CTO) of Deutsche Börse Group, has decided to leave the company on amicable terms effective 15 October 2013 in order to pursue new challenges.

Fidelity to launch new retirement market service

Fidelity Worldwide Investment is planning to launch a service into the at-retirement market, which will be available to customers across all its UK business channels, FTAdviser has reported.

UBS wins Outstanding Global Private Bank 2013 honour at the PBI Awards

Swiss banking major UBS has won the title of ‘Outstanding Global Private Bank 2013’ at the Private Banker International Global Wealth Awards held on 11 October in Singapore. PBI, the leading journal for the global wealth management industry, held the awards in conjunction with the 23rd Global Wealth Summit.

Williams Capital appoints Northern Trust for Mutual Fund Services

Northern Trust has been selected by Williams Capital Management, to provide custody, fund administration and accounting, transfer agency and other services to the firm’s mutual funds.

Exclusive: SocGen receives first round bids for Asia arm

Societe Generale, has received first round bids for its Asia private banking arm, people familiar with the situation told Private Banker International. Standard Chartered, DBS Group and Singapore’s United Overseas Bank are understood to have submitted offers reports Mark Foxwell.

Bank of Korea signs bilateral swap arrangement with Central Bank of UAE

The Bank of Korea has signed a bilateral KRW/AED swap arrangement with Central Bank of the United Arab Emirates.