All articles by Verdict Staff
Verdict Staff
Platform One appoints head of distribution
A wrap platform serving the HNW clients of UK and international advisers, Platform One, has
appointed Peter Collier as head of distribution.
Jefferies profit declines by 34% in Q2
Jefferies Group, which was acquired by Leucadia National earlier this year, said its fiscal second- quarter profit fell 34% as fixed income revenue took a hit.
Northern Trust appoints director of sales for wealth management
Northern Trust has promoted David Williams to the role of sales director for wealth management.
G8 countries agree on deal to tackle tax evasion measures
Leaders of the major G8 economies have agreed to a deal with new measures to clamp down on money launderers, illegal tax evaders and corporate tax avoiders.
ABN AMRO Private Banking trims exposure to equities and bonds, increases cash position
In its Q3 2013 Investment Outlook, New Realities, ABN AMRO Private Banking reveals a significant increase in the cash component of its assets under management ahead of a widely anticipated tapering of asset purchasing programmes by central banks.
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HSBC Global AM appoints CEO in Singapore
HSBC Global Asset Management has appointed Kalen Lim as chief executive officer in Singapore, with effect from July 1 2013.
Communication challenges lower overall satisfaction with self-directed investment firms: Survey
Overall investor satisfaction with self-directed investment firms decreases from 2012, as investment firms struggle to find the right method and frequency of communicating with investors, according to the J.D. Power & Associates 2013 US Self-Directed Investor Satisfaction Study.
Isle of Man sets out action plan to combat tax evasion and fraud
The Isle of Man has published an action plan to build on its commitment to working with the international community to tackle tax evasion and fraud.
Ashburton (Jersey) to become part of South African parent’s new investment business
Ashburton (Jersey) has said it will form the international arm of a new asset manager that will become the fourth financial services franchise of its South African parent, FirstRand, alongside existing brands FNB, RMB and WesBank.
Eagle Proprietary Investments buys Sri Lanka brokerage and asset management firm
Eagle Proprietary Investments, the Dubai-based financial investment arm of National Industries Group (NIG), has acquired Sri Lankan stock brokerage firm Heraymila Securities and asset management firm Heraymila Capital.