All articles by Verdict Staff

Verdict Staff

ECU Group launches global macro advisory service

The ECU Group (ECU) has launched its customised Global Macro Advisory Service, which allows institutional clients and family offices to have exclusive access to ECU’s global macro investment committee.

Malta lures the wealthy with revamped residency scheme

Maltese government has replaced its existing residency scheme, High Net Worth Individuals TaxResidence Scheme, with new scheme known as Malta Global Residence Programme.

Magellan targets sophisticated investors with new global fund

Magellan Asset Management plans to launch a high conviction fund which targets small family offices, high net worth investors and self-managed superannuation funds (SMSF).

Central banks’ flood of money forcing investors into riskier investments: Julius Baer

Continued weakness in global economic growth and the unabated flood of money being made available by central banks will remain the key drivers for financial markets in the second half year of 2013, according to analysts at Julius Baer.

Over 60% of global investments into EU27 came from US in 2012

Foreign Direct Investment (FDI) from the EU27 to the rest of the world reached EUR171 billion in 2012, while investment from the rest of the world into the EU27 was EUR159 billion in 2012, EUR99 billion of which was invested by the US, according to data from the first FDI results for 2012 by Eurostat, the statistical office of the European Union.

Ballew Wealth Management’s principals form new asset management firm

M. L. Ballew and Doug Dale, principals of Security Ballew Wealth Management, have formed a new global macro asset management firm, Consilium Capital.

Washington Trust appoints head of wealth management group

Washington Trust has appointed Mark Gim executive vice president, wealth management and treasurer.

Algebris set to launch low-fee financials fund in August: report

Algebris Investments, a UK-based hedge fund, is planning to launch a new low-fee, long-only fund to invest in global financial stocks and bonds, the Financial Times reported.

Paragon Bank hires senior vice president and client development officer

Paragon Bank has hired Patsy D. Johnson as senior vice president and client development officer.

JPMorgan hires new chief risk officer

JP Morgan has appointed Ashley Bacon as the lender’s chief risk officer replacing John Hogan.