All articles by Verdict Staff

Verdict Staff

Bank of Singapore plans to expand discretionary business

Bank of Singapore, the private banking unit of OCBC Bank, is planning to expand its discretionary business and increase assets under management to US$80 billion by 2016.

L Capital raises US$950 million for Asian private equity fund

Private equity firm L Capital Asia has raised US$950m for its second fund in less than six months.

AXA Wealth appoints new head of marketing ?

AXA Wealth has appointed Alistair Welham as head of marketing to help drive the company’s traditional and digital marketing strategy.

JP Morgan to merge nine additional funds in Europe

JP Morgan Asset Management is to planning merge nine Luxembourg SICAV sub-funds as part of a review of its overall European fund range.

Novia to launch discretionary fund management business

Novia Financial said it will launch a discretionary fund management (DFM) business called Copia Capital Management.

SEC accuses advisor with US$10.7 million fraud

The Securities and Exchange Commission has announced charges against a San Diego-based investment advisory firm and its president for allegedly steering winning trades to favoured clients and lying about how certain money was being spent.

ACOLIN opens branch in Geneva

ACOLIN Fund Services has opened a branch office in Geneva.

M&G Investments plans to launch Global Corporate Bond fund

UK-based asset manager M&G Investments is planning to launch a Global Corporate Bond fund on 5 September 2013.

ANZ creates new executive role within wealth division

Australia and New Zealand Banking Group (ANZ) has created a new executive role within its wealth division as part of the company’s strategy to transform customer engagement.

Isle of Man moves ahead with Convention commitment

The Isle of Man Government is progressing its commitment to join the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, chief minister Allan Bell MHK confirmed.