All articles by Verdict Staff
Verdict Staff
European Wealth to buy certain assets of Towry Asset Management
European Wealth has agreed to acquire to acquire a book of business and certain related assets of Towry Asset Management for a total maximum consideration of £1m.
Lonsec Fiscal sells stockbroking arm to FinClear
Australian research house Lonsec Fiscal has sold its stockbroking unit to financial services firm FinClear to innovate and expand its investment and superannuation research services.
Neptune, Raymond James collaborate to roll out discretionary fund management business
British fund manager Neptune has teamed up with Raymond James Investment Services to launch a new discretionary fund management business.
Lloyds Private Banking appoints new portfolio specialists chief
Lloyds Private Banking has nabbed Jon Wingent from Close Brothers Asset Management as head of portfolio specialists.
Piper Jaffray names new president and COO
Piper Jaffray Companies, a US-based investment bank and asset management firm, has appointed Stuart Harvey, Jr. as its new president and COO.
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Bank of America Merrill Lynch names new wealth management chief
Bank of America Merrill Lynch has named Andy Seig as new head of its wealth management unit, effective 1 January 2017.
Aberdeen Asset Management expands its fixed income range
Aberdeen Asset Management has introduced a sterling short-dated corporate bond fund aimed at investors looking for a conservative means of allocating to fixed income.
Marcum expands hedge fund servicing operations to Europe
Marcum, a US-based accounting and advisory services firm, has expanded to Europe by opening its first hedge and private equity fund service centre in Dublin, Ireland.
Morgan Stanley Australia CEO steps down
Morgan Stanley Australia CEO Steve Harker has stepped down from his role after 18 years in the top job.
Barclays to sell UK trust business to ZEDRA
Barclays Bank has agreed to offload its UK trust operations to ZEDRA, a provider of independent trust, fiduciary, corporate and fund services, for undisclosed sum.