All articles by Verdict Staff
Verdict Staff
SJ Berwin appoints McKinsey executive as new COO
International law firm SJ Berwin has appointed Rick Baumgartner, a McKinsey & Company executive, as its new COO, effective 9 September 2013.
FSCS pays out £326 million in compensation to consumers
The Financial Services Compensation Scheme (FSCS) has said that it has paid out £326 million in compensation to consumers in 2012/13.
Cyprus introduces a range of investment incentives to fight crisis
According to Cyprus Investment Promotion Agency, a number of new measures have been put into place by Cyprus recently, designed to reboot the economy in the wake of the massive restructuring of the countrys banking sector. The measures, among other things, aim at helping stimulate economic growth.
Gottex completes Frontier acquisition
Gottex Fund Management Holdings Limited, an independent global alternative asset management group, has completed the acquisition of a majority interest in Frontier Investment Management, a multi-asset investment manament firm.
Emirates NBD appoints CIO of wealth management division
Emirates NBD has appointed Arjuna Mahendran as the new chief investment officer (CIO) of its wealth management division.
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China to strengthen supervision of wealth management products
The State Council, China’s cabinet, said that it will loosen its grip on interest rates only gradually and will strengthens its supervision of less-regulated wealth-management products.
Mattioli Woods hires former Cofunds head of distribution development
Mattioli Woods, a provider of pension consultancy and wealth management services in the UK, has appointed former Cofunds head of distribution development, Ed Carey, to lead a restructure of its pension administration business- City Trustees.
UBS launches Oeic version of global equity income strategy fund
UBS Global Asset Management is set to unveil an Oeic version of Patrick Zimmermanns global equity income strategy first launched as a Sicav in April 2011, reports Portfolio Adviser.
Odey Asset Management to soft-close Hanbury’s UK Absolute Return fund
Odey Asset Management is set to soft-close James Hanbury’s £629 million UK Absolute Return fund as of 10 July 2013.
Peninsula Credit Union to provide wealth management services
Peninsula Credit Union has partnered with Bryan Pettit of Shelton and CUSO Financial Services (CFS) to provide wealth management services to its members, reports Kitsap Peninsula Business Journal.