All articles by Verdict Staff

Verdict Staff

Crédit Agricole’s private banking AuM down by 2.5%

Crédit Agricole’s private banking assets under management (AuM) were €131.7 billion (US$175.1 billion) at 30 June 2013, down by 2.5% compared to 31 December 2012, due to a negative foreign exchange effect.

Infosys launches new Finacle wealth management solution

India’s IT services firm Infosys has launched the latest version of its Finacle wealth management solution.

Hedge Fund Association appoints wealth consultant to its HNW advisory board

The Hedge Fund Association (HFA) has appointed global wealth consultant Hannah Shaw Grove to its high-net-worth (HNW) advisory board.

UHNWIs invest cautiously in prolonged economic slowdown – Kotak-Crisil report

The prolonged economic slowdown has adversely impacted spending by ultra-high net worth individuals (UHNWIs) indicating a level of pessimism about the economy that was not seen last year, according to a new report by Kotak Wealth Management and Crisil Research.

Ogier Fiduciary Services promotes two key employees to directors

Ogier Fiduciary Services, a provider of corporate, fund and private wealth administration services, has promoted two key employees to the position of directors on 1 August 2013.

Ascent Private Capital Management hires three managing directors

Ascent Private Capital Management, a division of U.S. Bank, has appointed three managing directors at its newly opened office in San Francisco.

Brown Advisory launches US Small-Cap Blend fund

Investment manager Brown Advisory has launched its new US Small-Cap Blend fund.

Almost 34% of British investors to exit advice market: GfK research

Nearly 34% or 340,000 clients out of a million who took financial advice since 2008 don’t see the value in paying for that advice, according to a report by research firm GfK.

IRESS to acquire UK’s software firm Avelo

IRESS, a provider of share market and wealth management systems in Australia, has announced that it will acquire UK-based software firm Avelo FS Holdings for £210 million (US$322.5 million).

Former RBS bankers launch corporate advisory business

Former senior Royal bank of Scotland (RBS) bankers Leith Robertson, Euan Hamilton and David Giffen, have formed a corporate advisory business, Cramond Capital, in Edinburgh, Herald Scotland has reported.