All articles by Verdict Staff

Verdict Staff

PBI names 2013 Greater China Awards winners

Private Banker International (PBI) has named the winners for the 2013 PBI Greater China Awards, held in conjunction with The Private Banker International Forum that took place on 4 June at The Grand Hyatt Hotel in Hong Kong.

Mackenzie Investments selects Citi for fund administration, middle office services

Canada-based Mackenzie Investments has selected Citi to provide fund administration, middle office, collateral management and transfer agent services in Asia, reports The Asset magazine.

Brewin Dolphin selects Teknometry for investment performance analysis

Brewin Dolphin has deployed analysis software provider for asset managers, Teknometry, to get investment performance analysis for a number of its charity fund clients.

Manulife Hong Kong appoints chief distribution officer

Manulife (International) has appointed Lawrence Nutting to the position of chief distribution officer.

Private Banker International Prestigious Awards for Greater China 2013

Private Banker International, the leading journal for the global wealth management industry, has announced the winners for its Greater China Awards.

Farmers National to Acquire National Associates

Farmers National Banc, based in Canfield, Ohio, has entered into an agreement to acquire Rocky River, based retirement planning consultancy firm National Associates.

Expansion of shadow banking sector a major concern for China: RBC report

Rapid expansion of shadow-banking activities is a major concern for China, as it could not only affect the development of the country’s property market, but could also be bad news for individual investors, according to RBC Wealth Management report.

Royce and Kruger Wealth Management to implement trading facillities through social media

Royce and Kruger Wealth Management is in the process of integrating and embedding Twitter into its trading platform, which allows clients to completely realise the “benefits of using Twitter” while trading.

HgCapital sells ATC to Intertrust for EUR303 million

UK private equity group HgCapital has sold Dutch fiduciary services firm ATC to Intertrust for an enterprise value of EUR303 million. This realisation represents an investment multiple of approximately 2.2x original cost.

Business owners more comfortable with illiquid assets than non-business-owning families: FOX

Families with an operating business were more comfortable investing in other illiquid businesses in 2012, according to new research from the Family Office Exchange (FOX), a global network of wealth owners and their advisors.