All articles by Verdict Staff
Verdict Staff
AMP adds four new advice firms to its network in New Zealand
Australian wealth management firm AMP has expanded its presence in New Zealand by adding four new Kiwi financial planning practices to AdviceFirst network, in which it holds majority stake.
SuperGroups director cashes in £20.22m in share sales
One of the founders of UK retail high-street brands, Bench clothing and Superdry, has sold 2 million shares worth approximately GBP20.22m.
RBC chairman David O’Brien to retire
Royal Bank of Canada (RBC) has said that that David OBrien plans to retire as chairman of the Board, effective 31 December 2013.
RBC wealth management income rises 51% in Q3
Royal Bank of Canada (RBC) has reported a 51% rise in its wealth management net income to C$236 million for the third quarter of 2013, compared to the same period in 2012.
UBS launches wealth management master programme in Asia Pacific
UBS Wealth Management has launched its first Wealth Management Master programme in Asia Pacific targeted at its most senior client advisors. This is part of a global roll-out of the training programme.
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Wilson HTM narrows annual losses
Investment firm Wilson HTM has reported net losses after tax of $1.6 million in its full-year results for 2013, compared to $7.6 million in 2012.
Driehaus Capital Management expands its liquid alternative fund offerings
Driehaus Capital Management has launched the Driehaus Event Driven Fund as of August 26, 2013.
More than 25% of Swiss private banks will cease to exist in next three years: Report
In spite of the Swiss private banks building up their assets managed, with a 4% increase on average in 2012, more than a quarter of them are likely to cease within three years, according to a study by KPMG and the University of St Gallen.
IFG Group revenue rises 5% in H1
Financial services company IFG Group has reported a 5% increase in its revenue to £39.9 million for the first half of 2013, compared to £38 million for the same period in 2012.
SEBI asks investment advisors to obtain registration certificate by 21 October
Market regulator the Securities and Exchange Board of India (SEBI) has asked all investment advisors to get registered by 21 October 2013 in order to continue their services.