All articles by Verdict Staff
Verdict Staff
Sidra Capital implements Agilis investment management suite
Sidra Capital (DIFC) Limited, licensed by the Dubai Financial Services Authority (DFSA), has completed the successful implementation of Agilis Investment Management Suite.
Avoca makes board appointments
Avoca Capital, an European credit investment manager with 6bn assets under management, has made two board appointments.
AMP Capital strengthens presence in Hong Kong
Australia-based AMP Capital is strengthening its presence in Hong Kong with the appointment of Sonia Baillie as head of Asian fixed income, effective mid-September 2013.
Deutsche Asset & Wealth Management reports 6% rise in Q2 revenues
Deutsche Asset & Wealth Management (DeAWM) has reported net revenues of 1.039 billion (US$1.38 billion) for the second quarter of 2013, an increase of 6% from 981 million (US$1.30 billion) in the corresponding year ago period.
Pre tax profit up 11% at UBS wealth management division in Q2
UBSs wealth management division has reported profit before tax of CHF557 million for the second quarter of 2013, an increase of 11% compared with CHF502 million in the prior year quarter.
Investors turn to friends and family to find financial advisors
Friends and family are the most often used resource when an investor is trying to find an investor, a Spectrem study shows.
GLG launches total return fund
GLG Partners, the discretionary investment manager of Man Group, has launched GLG Total Return Fund.
Barclays’ wealth management arm posts loss of £13 million in Q2
The wealth and investment management arm of UK-based Barclays has reported a pre-tax, adjusted loss of £13 million (US$19.9 million) for the second quarter of 2013, compared to a pre-tax, adjusted profit of £49 million (US$75.1 million) for the same quarter a year ago.
Sedco Capital plans to register its Islamic funds in Switzerland
Jeddah-based investment firm Sedco Capital plans to register its Islamic funds in Switzerland and distribute them through tie-ups with global private banks, as a part of efforts to expand its client base outside Saudi Arabia.
Vanguard global ETF AuM tops US$280 billion
American mutual fund company Vanguard has revealed that it had US$281 billion in global ETF assets under management (AuM) as of 30 June 2013.