All articles by Verdict Staff
Verdict Staff
CWB finalizes its investment in McLean & Partners Wealth Management
Canadian Western Bank has closed its previously announced investment of 55% ownership in McLean & Partners Wealth Management. The finalized transaction is effective 17 May 2013.
Notenstein Private Bank strengthens institutional clients division
Notenstein Private Bank has appointed Aris Prepoudis as head of Institutional Clients and Andreas Knörzer as head of Asset Management from 1 December 2013.
MAS board of directors makes re-appointments
The Monetary Authority of Singapore (MAS) has announced that Deputy Prime Minister and Minister for Finance, Tharman Shanmugaratnam, has been re-appointed as chairman of the MAS board of directors from 21 May 2013 to 31 May 2015.
T. Rowe Price appoints head of international fixed income
Investment management firm T. Rowe Price has appointed Arif Husain as its new head of international fixed income, effective from 30 August 2013.
Canaccord Financial swings to profit in Q4
Canadian investment firm Canaccord Financial has reported a net income of C$6.4 million, or C$0.04 per diluted share, for the fourth quarter ended 31 March 2013, compared to a net loss of C$31.8 million, or C$0.42 per diluted share, for the same period of 2012.
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Australian share investors growing cautious: ASX study
Australian Securities Exchange (ASX)’s 2012 Share Ownership Survey shows that 6.7 million people or 38% of the adult Australian population invested in the Australian share market, in 2012, this is a decline from 43% total share ownership when the study was last conducted in 2010.
BMO Investments announces proposed changes to its mutual fund lineup
BMO Investments has announced changes to its portfolio managers and investment strategies, as well as proposed changes to investment objectives.
Wealthy Americans prioritise gains over safety: Bank of America study
American millionaires have reversed their priorities in the past year to focus on making money rather than preserving it as they wait to move their cash into stocks, according to a study conducted by US Trust, a unit of Bank of America (BofA).
UK Investment Management strategy launched by ministers
Britain’s Economic Secretary to the Treasury, Sajid Javid and Financial Secretary to the Treasury, Greg Clark, have officially launched the government’s UK Investment Management strategy.