All articles by Verdict Staff

Verdict Staff

BlackRock to acquire $12bn real-estate investment firm MGPA

American asset management firm BlackRock has agreed to acquire MGPA, an independently-managed private equity real estate investment advisory company in Asia-Pacific and Europe, for an undisclosed sum.

Morningstar expands equity coverage with the launch of quantitative ratings, reports

Morningstar, Inc., a leading provider of independent investment research, has significantly expanded its equity coverage with the introduction of quantitative ratings and reports for approximately 28,000 companies globally.

Edelman Financial appoints new financial planning manager

Edelman Financial Services, an independent financial planning and investment management firm, has hired industry veteran James Barnash to serve as Financial Planning Manager.

Diapason Commodities Management to launch ForestCare Investment Fund

Diapason Commodities Management, a Swiss commodity investment firm, has said that it will launch ForestCare Investment Fund, an institutional product investing in tangible forestry assets.

Deutsche Bank appoints head of Asset & Wealth Management Americas

Deutsche Bank announced today that Jerry W. Miller has been appointed Head of Asset & Wealth Management Americas, effective immediately.

National Australia Bank introduces new private wealth brand in Asia

National Australia Bank (NAB) has launched new private wealth brand in Asia, according to The Asset magazine.

First Niagara Names Jeanneen Griffin to Lead Regional Commercial Real Estate Lending Team

First Niagara Financial Group, Inc. (Nasdaq:FNFG) named Jeanneen V. Griffin to serve as First Vice President and Team Leader, Commercial Real Estate Lending for the bank’s New England and Tri-State Regions.

Close Brothers to shut Beacon Investment, Special Situations funds on size concerns

Close Brothers Asset Management will shut down its Beacon Investment and Special Situations funds in August this year on size concern, according to the FT Adviser.

Credit Suisse (Channel Islands) Ltd formed

In recognition of Credit Suisse’s commitment and presence in Guernsey and Jersey the company has now changed name, with the following name changes taking effect from Friday 17 May 2013.

DFMs forced to drop underperformers post-RDR, says CoreData study

Fund managers can expect the axe from discretionary fund managers (DFMs) if they fail to perform within the first 12 months of being granted a mandate, according to new study by CoreData Research.