All articles by Verdict Staff
Verdict Staff
JTC Group (JTC) and Kensington Trust Group (KTG) create strategic alliance
JTC Group (JTC) and Kensington Trust Group (KTG) are delighted to announce a strategic alliance that was agreed in Kuala Lumpur, Malaysia, in March.
PIMCO appoints former Deutsche Bank director
PIMCO has appointed former Deutsche Bank director Ronie Ganguly as its new Asia credit/ emerging market corporate portfolio manager.
Credit Agricole Suisse’ full year 2012 net profits declines to CHF130.2 million
Credit Agricole Suisse has reported consolidated net profits of CHF130.2 million for the year 2012, compared with CHF 158.1 million in 2011.
White paper from Barclays Wealth and Investment Management on behavioural finance
Rational behaviour by individual investors against the theoretical best practice: Barclays wealth survey.
Independent Broker-Dealers and RIAs Continue to Outpace Wirehouse Firms in Long-Term Mutual Fund Asset Growth in Q1 2013,
Long-term mutual fund assets distributed by independent/regional broker-dealers (IBDs) and registered investment advisors (RIAs) continued to grow at a faster pace than the wirehouse channel in the first quarter of 2013, evidenced by new data released by Access Data, a Broadridge Financial Solutions (NYSE:BR) Company, and Strategic Insight, an Asset International company.
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Funded Status of U.S. Corporate Pensions Falls to 80.8 Percent in April, According to BNY Mellon ISSG
The funded status of the typical U.S. corporate pension plan fell 1.8 percentage points in April 2013 to 80.8 percent as liabilities posted their sharpest gains of the year, according to the BNY Mellon Investment Strategy & Solutions Group (ISSG). Year to date, the funded ratio is up 4.5 percentage points, ISSG said.
BNP Paribas’s wealth and asset management division reports rise in Q1 pre-tax income
The wealth and asset management division of French bank BNP Paribas has posted a pre-tax income of EUR197 million for the first quarter of 2013, up from EUR190 million reported a year ago.
Westpac Group H1 net income up 11%
Australian banking major Westpac Group has reported net income of AUD3.3 billion (US$3.4 billion) for the six months to 31 March 2013, up 11% compared to the same period last year.
Aditya Birla Sun Life AM launches India Dynamic Bond Fund
Singapore-based Aditya Birla Sun Life Asset Management Company (ABSLAMC) has launched its India Dynamic Bond Fund (IDBF) for foreign investors.
Northern Trust expands into Germany
Northern Trust has established an office in Frankfurt, Germany, as part of a continuing commitment to servicing clients as close to their home market as possible.