All articles by Verdict Staff
Verdict Staff
Financial services primary source of wealth for 14% of Swiss UHNWIs
Financial services primary source of wealth for 13.8% of Swiss UHNWIs
Swan Wealth Advisors implements OMEXs execution platform
Swan Wealth Advisors, a buy-side risk management specialist with US$850 million assets under management, has implemented a customized version of Omex’s OEMS platform for executing options strategies across its multiple custodians and sub-accounts.
SIFMA calls for review of SRO structure
SIFMA has sent a letter to the US Securities and Exchange Commission (SEC) to request a review of the regulatory structure of broker-dealers, exchanges, and the self-regulatory model.
Senior management changes at Monetary Authority Of Singapore
The Monetary Authority of Singapore (MAS) has made several changes to its senior management team, which will take effect from 1 September 2013.
Jupiter to scrap 15% performance fee on Absolute Return fund
Jupiter is set to scrap the 15% performance fee on Philip Gibbs £482 million Jupiter Absolute Return fund, as Gibbs prepares to hand over the portfolio to James Clunie.
BNP Paribas signs license agreement with Richard Bernstein Advisors
BNP Paribas has signed a license agreement with Richard Bernstein Advisors (RBA) to use RBA’s intellectual property, specifically the Richard Bernstein Advisors American Industrial Renaissance mark to provide select market-linked certificates of deposit and market linked notes.
SunGard expands philanthropic and endowment processing capabilities
Financial technology firm SunGard has expanded the philanthropic and endowment processing capabilities of its trust accounting solution, AddVantage.
IMA to create EMD sector following fixed income review
The Investment Management Association (IMA) is to create an emerging market debt (EMD) sector from 31 December 2013, following a review of its fixed income sectors.
Pre-tax profit up 2% at Schroders’ private banking division in H1
Schroders’ private banking division has reported a pre-tax profit before exceptional items of £10.6 million (US$16.4 million) for the six months period ended 30 June, an increase of 1.92% from £10.4 million (US$16.1 million) a year ago.
Schroders Private Bank’s assets under management show growth
Schroders have reported slightly stronger growth figures for their private banking business in the first half of 2013.The bank announced that operating pre-tax profit for the first half of 2013 was up 1.9% at £10.6 billion ($16.1 billion) from $10.4 billion for the same period last year.