All articles by Verdict Staff
Verdict Staff
RBC Global Asset Management launches new portfolio of mutual funds
RBC Global Asset Management had launched RBC Balanced Growth & Income Fund, a diversified portfolio of mutual funds managed by an award-winning team that combines the core strength of RBC Funds, PH&N Funds and BlueBay Funds.
Managers boosted returns by ratcheting up more risk: CAMRADATA
Managers boosted returns by ratcheting up more risk in their investments for the insurance market in the second quarter of 2013, according to a new CAMRADATA report.
Former Goldman Sachs managing directors to launch Asia hedge fund
Three former managing directors of Goldman Sachs Group’s Japanese business unit plan to launch an Asia multi-strategy hedge fund early next year, Bloomberg has reported.
GAM Private client managed assets fall
GAM Holdings, the parent company of GAM and Julius Baer funds, reported a drop in assets under management (AUM) for its private client business for the six months to 30 June 2013.
The fall comes despite a growth in AUM at its investment management business.
FINCAD Asia Pacific opens office in Beijing, China
FINCAD, the provider of OTC derivatives pricing and risk management solutions, has said that FINCAD Asia Pacific has opened an office in Beijing.
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Third party long-term mutual fund and ETF assets rose more than 23% in Q2: Study
Third party distribution of long-term mutual fund assets totalled US$7.86 trillion in the second quarter of 2013, up more than 23% from the second quarter of 2012, according to new quarterly data released by Access Data, a Broadridge Financial Solutions company.
Barclays WIM appoints head of core business for offshore and local markets
Barclays Wealth and Investment Management (Barclays WIM) has appointed Evan Gavas as head of core business within its offshore & local markets division.
Rathbones Investment Management expands Winchester office
Rathbone Investment Management has expanded its Winchester team with the hire of Edward James-Moore from HSBC Global Asset Management.
Sanlam Private Wealth acquires two more financial planning firms in UK
Sanlam Private Wealth has acquired the client books of Telford-based Cornforth Consultants Wealth Management and Shrewsbury-based Wealthport.
Bank of Ireland to cease operations in Isle of Man
The Bank of Ireland is set to cease its operations in Isle of Man by the end of August 2014, as the bank turns its focus on strengthening core businesses in the UK and Irish markets, reports International Adviser.