All articles by Verdict Staff

Verdict Staff

AMP Capital enters China funds management with China Life JV

AMP Capital is to establish a funds management company in China with China Life Asset Management Company, a subsidiary of China Life Insurance (Group) Company, China’s largest insurance group, institutional investor and corporate pension manager.

Seven Capital Management receives AIFM approval

Seven Capital Management has become the first French asset management companies to be granted AIFM approval by the AMF Board on 2 August 2013.

Morningstar Credit Ratings names new president

Morningstar has reported that Vickie Tillman will join the company as president of Morningstar Credit Ratings, LLC on 3 September 2013.

HSBC to stop wealth management services in three Middle East countries

HSBC will suspend offering wealth management products in Bahrain, Jordan and Lebanon as the British lender continues to exit small or insufficiently profitable operations globally as part of a strategic review.

Edward Jones appoints new financial advisor

Edward Jones financial advisor Bob Smith has reported that Charlotte Anderson has joined his office at 204 South Wellington, Marshall.

UK Wealth Management reports £1.9 million loss in 2012

UK Wealth Management has posted a loss of £1.9 million for 2012, compared to £145,000 it reported in 2011.

Nearly 60% of asset managers face pressure over research fees: CFA study

Investment companies must change the way they pay fees for research from banks by paying for research with their own money rather than taking the payments from clients, according to a study by the CFA Society of the UK.

Huntington names president of Haberer Registered Investment Advisor

Huntington has named Gregory A. Smith as president of Cincinnati-based Haberer Registered Investment Advisor, a wholly-owned subsidiary of the Huntington National Bank.

France adds Bermuda, BVI to list of non cooperative tax havens

France has added Bermuda and the British Virgin Islands to its list of the non cooperative states or territories (NCST) to clamp down on corruption and tax evasion.

Goal Group bolsters London team with new hires

Goal Group, a London-based claims outsourcing provider and tax reclamation specialist, has hired David Gilbert as global business development manager and Tania Dupoy as sales and relationship manager.