All articles by Verdict Staff

Verdict Staff

Singapore replaces Japan as Asia’s largest foreign-exchange hub

Average daily foreign exchange (FX) turnover volume in Singapore grew 44% to US$383 billion in April 2013 compared with US$266 billion in April 2010, according to a latest survey by the Bank for International Settlements (BIS).

Samsung Life, New York Life Investments form strategic asset management alliance

Samsung Life has forged a strategic alliance with New York Life Investments to bolster their respective plans to pursue opportunities in global asset management businesses.

AMG appoints new European distribution head

Affiliated Managers Group, a global asset management company, has appointed Jenny Segal as head of European distribution.

IDB Bank deploys SEI’s wealth management platform

Israel Discount Bank of New York (IDB Bank) has deployed SEI’s wealth management platform to provide end-to-end technology, operations, and wealth management services.

Veritas implements latest version of Advent Portfolio Exchange to support growth

Veritas Asset Management has implemented the latest version of Advent Software’s Advent Portfolio Exchange (APX) to develop and grow their business.

PSigma to close £18 million Dynamic Multi-Asset fund

PSigma is to close Tom Becket’s £18 million Dynamic Multi-Asset fund, taking the firm’s range down to three funds.

FolioDynamix releases latest version of FDx Singlesight wealth management platform

US-based FolioDynamix has released Version 7.0 of its FDx Singlesight unified wealth management technology platform.

Bovill appoints new wealth management head

Bovill, a London-based specialist financial services regulatory consultancy, has poached Kleinwort Benson’s Mark Spiers as head of wealth management team.

Osborne Clarke opens in Brussels

Law firm Osborne Clarke has expanded its international organization, with a ten-strong team opening an office in Brussels.

BlueSky Wealth Advisors acquires Pleasanton Financial Advisors

BlueSky Wealth Advisors has acquired California-based Pleasanton Financial Advisors, which manages approximately US$126 million in assets.