All articles by Verdict Staff

Verdict Staff

F&C hires two members to its institutional business

F&C Investments has appointed two new members – Nick Woodward as structurer in the LDI team and Kristy Barr as director, sales and client relationships – as the firm plans to grow its institutional business.

Europe turns focus towards Switzerland as Austria agrees to share bank data

Europe moved closer to lifting banking secrecy on 22 May after Austria revealed it was ready to share data on foreign depositors by the end of 2013, but support from other countries could, reportedly, fade if efforts to strike a similar deal with Switzerland fall through.

Legal & General hires head of asset allocation from BNP Paribas Investment Partners

Legal & General Investment Management (LGIM) has hired Emiel van den Heiligenberg as head of asset Allocation.

New York the largest city for US UHNWIs

New York the largest city for US UHNWIs

Jamie Dimon to retain top two JPMorgan jobs

JPMorgan Chase shareholders voted down an initiative to strip Jamie Dimon of the dual roles of CEO and chairman at the firm’s annual meeting in Tampa, Florida.

Brooks Macdonald appoints new adviser in its Guernsey office

UK-based wealth management firm, Brooks Macdonald, has appointed Rod Sallis as investment adviser in its Guernsey office.

BlackRock appoints head of iShares Middle East, Africa

American asset management firm BlackRock has appointed Andrew MacKenzie as managing director and head of iShares Middle East and Africa.

Russia asks Interpol to place British hedge fund boss Bill Browder under surveillance

The Russian authorities have asked Interpol to place Bill Browder, the British hedge fund boss spearheading an anti-corruption campaign against the Kremlin, under surveillance.

Aberdeen Asset Management completes US$179 million acquisition of Artio

Scottish financial services firm Aberdeen Asset Management has acquired Artio Global Investors, a New York-based fund manager, for US$179.7 million in cash on 21 May 2013.

Capital Group opens new branch in Milan, makes more appointments

Capital Group, a US-based investment firm, has opened a new branch in Milan with the aim of developing its private wealth distribution capabilities in Europe.