All articles by Verdict Staff

Verdict Staff

Northern Trust to manage investment programs for Minnesota State University Mankato Foundation

Northern Trust has been selected to provide OCIO (outsourced chief investment officer) services for Minnesota State University, Mankato Foundation, based in Mankato, Minnesota.

Hong Kong fund management assets grew 39% in 2012: SFC

The combined fund management business in Hong Kong rebounded significantly to a record high of $12.6 trillion as of the end of 2012, representing year-on-year growth of 39.3%, according to a report by Securities and Futures Commission (SFC).

Ogier relocates London based legal services to Jersey

Offshore firm Ogier has shifted its two London-based lawyers back to Jersey, with its City office now focused completely on trust and administration services, according to The Lawyer.

Macquarie Group’s AUM rises to A$379.3 billion in Q1

Macquarie Group has reported A$379.3 billion in assets under management at 30 June 2013, this being up A$35.8 billion on 31 March 2013.

Ghana sells US$750 million 10-year Eurobond but pays a premium

Ghana has raised $750 million from the sale of 10-year Eurobonds but paid a premium to investors wary of its fiscal and current account deficits.

IMA kicks JPMorgan, Marlborough funds out of UK equity income sector

The Investment Management Association (IMA) has removed funds run by JP Morgan Asset Management (JPMAM) and Marlborough Fund Managers from the UK equity income sector after they failed to hit specified income targets.

Societe Generale Private Banking Hambros expands Cambridge team

Societe Generale Private Banking Hambros has appointed David Greenwood as a private banker to its Cambridge team.

State Street appoints chief analytics officer

State Street Corporation has appointed Roger Stein as chief analytics officer for State Street Global Exchange.

Bloomberg liquidates its new wealth management venture

Bloomberg has decided to liquidate its BloombergBlack, its wealth management business that had yet to leave its trial phase.

Raymond James Financial appoints UK country manager

Raymond James Financial has appointed Peter Moores, CEO of Raymond James Investment Services (RJIS) as the UK country manager.