All articles by Verdict Staff

Verdict Staff

GM profit tops view as North America strong

General Motors Co posted stronger-than-expected quarterly profit on Thursday as the U.S. automaker kept a tight grip on costs in its North American and European businesses.

Investec announces new senior appointment Rhys Gwyn

Investec Bank (Australia) Limited (‘Investec’) is pleased to announce the appointment of Rhys Gwyn as head of Financial Markets within the Bank’s Corporate & Institutional Banking division.

SS&C to launch cloud based investment data service

US-based Technology Company, SS&C, will launch a cloud based investment data and analysis service, which aims to provide access and analysis of data from any source.

Promotions at Brewin Dolphin Midlands and Birmingham

Brewin Dolphin, one of the UK’s largest independently-owned private client wealth managers, has appointed Stephen Glazzard as the new Head of its Birmingham office. This appointment follows Stephen Jones’ promotion to Regional Director for Brewin Dolphin in the Midlands.

F&C Asset Management to launch global smaller cap equity fund

UK-based F&C Asset Management plc has said that it will launch a global smaller cap equity fund, in response to increasing investor demand for smaller companies-focused products.

Huntington Bank Names Michael W Anderson to Lead Treasury Management

Huntington Bank today named Michael W. Anderson to lead the expansion of its award-winning treasury management division and continued development of innovative products.

ANZ appoints Manfred Liechti as managing director

ANZ announced the appointment of Manfred Liechti as managing director global.

Advisers expressed “mounting frustration” over rising regulatory costs, FCA

The Financial Conduct Authority (FCA) has said that advisers vent anger on the over rising regulatory costs and the implementation of the RDR in a survey of all regulated firms.

Surge continues for foreign equity funds in April, Morningstar Canada data show

The month of April once again saw exceptional returns for foreign equity funds sold in Canada, while domestic equity funds found themselves in negative territory. Thirty-three of the 42 Morningstar Canada Fund Indices had positive results for the month, including increases of more than 2% for eight of the 23 equity fund categories, according to preliminary performance data released today by Morningstar Canada.

Schroder hires fund’s new manager

Cazenove’s Julie Dean as the fund’s new manager has been appointed Schroder UK Growth investment trust’s – worth GBP271.9 million (US$422.3 million) – fund manager by the board.