All articles by Verdict Staff
Verdict Staff
BNY Mellon hires Asia-Pacific head of institutional distribution
BNY Mellon, a provider of investment management and investment services, has appointed Mark Speciale as Asia-Pacific (APAC) Head of Institutional Distribution within its investment management business.
Landolt & Cie merges with Swiss subsidiary of Banque Degroof
Landolt & Cie, a Swiss private bank, has merged with the Swiss subsidiary of Banque Degroof Luxembourg to offer more services to clients, according to Reuters.
Gibraltar secures approval from ECOFIN for income tax act
The state of Gibraltar has secured approval from the European Council of Economic and Finance Ministers for its Income Tax Act, which has made it compliant with the EU Code of Conduct for Business Taxation, reports International Adviser.
Tritax introduces renewable energy fund
UK fund manager Tritax has launched a new renewable energy fund, called Tritax Renewable Energy Fund No.1, which will invest in four individual 500kW wind turbine developments, reports Fundweb.
Truxton Trust hires vice president & portfolio manager for its wealth management team
Truxton Trust has added top talent to its wealth management services division, naming Miles Kirkland vice president & portfolio manager.
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Switzerland to be replaced by Singapore as top finance hub by 2015, says PwC study
Singapore will overtake Switzerland as the world’s top centre for managing international funds by 2015, according to a PricewaterhouseCoopers latest Global Private Banking and Wealth Management Survey report.
Aquila Capital launches risk parity fund focused on fixed income
Aquila Capital, a Germany-based alternative asset manager, has launched AC Risk Parity Bond Fund that will focus solely on fixed income.
Legal & General’s new deferred premium de-risking facility used by Kenwood Pension
Legal & General has entered into a “buy-in” agreement with the Trustees of the Kenwood Pension Scheme to insure the remaining UK defined benefit (DB) pension liabilities, covering mainly members yet to retire from the Scheme.
Canada Life Investments expands sales team
Canada Life Investments has strengthened its sales team by appointing Matt Couzens as the sales investments director, and Deirdre McNamara as the head of third party relationships.