All articles by Verdict Staff

Verdict Staff

Banque SYZ acquires 64% stake in Banca Albertini Syz

Swiss-banking group Banque SYZ & CO has acquired 64.3% stake in Italian bank Banca Albertini Syz & C.

AXA Wealth Elevate hits £6bn

AXA Wealth’s Elevate wrap platform now has over £6bn of assets under management. Hitting £6bn in assets makes Elevate one of the fastest growing platforms in the UK market with March the biggest month for inflows to the platform since the platform was launched.

Cohen Steers Reports First Quarter 2013 Results

Cohen & Steers, Inc. (NYSE: CNS) reported income attributable to common shareholders of $15.1 million, or $0.34 per share (diluted and basic), for the quarter ended March 31, 2013,
compared with income attributable to common shareholders of $18.1 million, or $0.41 per share (diluted and basic), for the quarter ended March 31, 2012.

Genworth Financial Wealth Management to change name by September 2013

Genworth Financial Wealth Management, Inc., a subsidiary of Genworth Financial, Inc. will have a change in name by September 2013, following US-based private equity firms Aquiline Capital Partners’ and Genstar Capital’s acquisition of the firm for US$412.5 million.

Schroders appoints new manager for its key Schroder UK Alpha Plus Fund

Schroders Plc, a provider of wealth management, advisory and consultancy services, has appointed Philip Matthews as new manager for its key Schroder UK Alpha Plus Fund, which was managed by Richard Buxton before he announced plans last month to depart the firm for a role at Old Mutual.

Citi names new CEO for Philippines and Guam cluster

Citi has appointed Batara Sianturi as chief executive officer for Philippines and Guam cluster, taking the place of Sanjiv Vohra.

Janus Names Michael Stern As Sales Director For New York City

Janus Capital Group Inc. (NYSE: JNS) today announced the appointment of Michael Stern as Regional Sales Director. In his new role, Stern will spearhead the expansion of Janus’ intermediary distribution and sales in New York City.

Deutsche Bank hires chief governance officer

Deutsche Bank has hired Daniela Weber-Rey as chief governance officer and deputy global head of compliance.

Banque Havilland appoints Tina Brunetti as Group Head of Compliance

Banque Havilland S.A. the independent private bank established by the Rowland Family in 2009, has appointed Tina Brunetti as Group Head of Compliance.

HSBC adds new funds to ‘managed solutions series’

HSBC in Singapore has completed its ‘managed solutions series’ with the launch of two further funds aimed at aggressive and conservative investors.