All articles by Verdict Staff
Verdict Staff
Neptune to merge and rename underperforming UK funds
Neptune Investment Management has confirmed it plans to merge its UK Equity fund into its UK Special Situations fund and rename it as Neptune UK Opportunities, subject to regulatory and shareholder approval.
Henderson Global Investors merges away trio of underperforming funds
Henderson Global Investors is preparing to merge away three underperforming funds in November 2013 as it continues to streamline its fund range.
Barclays appoints new MD to UK private banking
Barclays Wealth and Investment Management have confirmed the appointment of David McKenzie to their UK private banking team. He joins Barclays Wealth as a managing director and brings considerable experience to his new role. He was most recently at Deutsche Private Wealth Management where McKenzie was a managing director in their private wealth management business.
US investors added US$15.9 billion to long-term mutual funds in July: Morningstar
Investors added US$15.9 billion to long-term mutual funds in July, driven by inflows of US$7.9 billion into international-equity funds, according to a Morningstar report.
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Coutts appoints new head for its London-based China desk
Coutts has appointed Vivienne Ng as executive director and head of the China desk of its London-based international division.
EFG International hires new private banking head for Zurich
EFG International has appointed Stephan Keiser as head of private banking for Zurich, Switzerland, effective January 2014.
Raymond James enhances its RIA platform
Raymond James has reported that financial advisors affiliated with its Investment Advisors Division (IAD) will be able to access a wide range of attractively priced alternative investments for their clients, effective 1 September 2013.
Magnusson appoints new managing partner in Copenhagen
Nordic law firm Nikolaj Juhl Hansen has been named the managing partner of Magnusson’s Copenhagen office. He succeeds Lars Jorgensen who has led the development of Magnusson in Denmark over the past two years.
New York regulator opens probe into Bitcoin and other virtual currencies
New York Department of Financial Services (NYDFS) has issued subpoenas to several companies associated with bitcoin as part of an inquiry into business practices of the virtual currency industry.