All articles by Verdict Staff
Verdict Staff
Sumitomo Mitsui Trust International names MD to head asset management in London
Sumitomo Mitsui Trust International (SMTIL), the international arm of Japanese asset manager Sumitomo Mitsui Trust Group (Sumi Trust), has named Yukihiro Murota as its new managing director.
UK government partners with startups to launch cyber security accelerator
The UK governments Department for Culture, Media and Sport (DCMS) has joined forces with UKs cyber security agency GCHQ and the nations leading tech start-ups to launch a start-up accelerator to develop new technologies for combating cyber attacks.
Intertrust closes acquisition of rival Elian
Dutch trust operator Intertrust has completed the acquisition of Jersey-based Elian Group from private equity firm Electra Partners.
IRESS to buy Australian superannuation software provider Financial Synergy
IRESS has agreed to acquire Financial Synergy, a privately-owned Australian firm offering fund administration software to the superannuation and wealth management industries, for a cash consideration of up to AUD90m ($68.5m).
Hennessy Advisors closes acquisition of The Westport Funds
Hennessy Advisors has wrapped up the acquisition of The Westport Funds, which has about $440m in assets.
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Barclays appoints new chief for its international wealth unit
Barclays has appointed Karen Frank as the new head of its international wealth business, effective 1 October 2016.
Market shifts will drive massive wealth creation by 2021: Study
Technological, economic, and demographic shifts will transform the wealth management industry by 2021, according to research report released by thought leadership firm Roubini ThoughtLab.
Optimism among financial firms continue to fall amidst uncertainties caused by Brexit
Optimism among financial services firms fell for a third consecutive quarter in the three months to September, in the face of lower interest rates and the uncertainty caused by Britains vote to quit the European Union, according to a survey by CBI/PwC Financial Services.
Credit Agricole secures government nod to set up Islamic bank in Morocco
The government of Morocco has given the go-ahead to Credit Agricole for setting up an Islamic banking subsidiary in the country.
Edmond de Rotschild Asset Management appoints responsible investment team head
Edmond de Rothschild Asset Management (EdRAM) has named Jean-Philippe Desmartin as the new head of its responsible investment team.