All articles by Verdict Staff

Verdict Staff

Baring completes acquisition of SEI Asset Korea

Baring Asset Management, a UK-based global investment management firm, has completed the acquisition of SEI Asset Korea Co., Ltd (SEIAK), for an undisclosed amount.

Schroders completes acquisition of STW Fixed Income Management LLC

Further to the announcement on December 17, 2012, Schroders plc (Schroders) announces that its subsidiary, Schroder U.S. Holdings Inc, has today completed the acquisition of 100 percent of the share capital of STW Fixed Income Management LLC (STW), a value-orientated, US investment-grade fixed income manager.

Legg Mason’s CEO Names Executive Leadership Team

Legg Mason [NYSE: LM] today announced a series of appointments to align its executive leadership team with the Company’s growth objectives.

City Financial acquires OPM Fund Management

London-based fund manager City Financial has acquired OPM Fund Management Limited for an undisclosed sum.

Morningstar Announces China Fund Awards 2013

Morningstar Research (Shenzhen) Ltd., a subsidiary of independent investment research firm Morningstar, Inc. (NASDAQ: MORN), today announced the winning funds for the Morningstar China Fund Awards 2013.

BlackRock co-head of multi-asset strategies resigns

BlackRock co-head of global multi-asset strategies, Colin Graham, has stepped down and handed over management of his two funds.

RBC Global Asset Management Inc. announces changes to RBC Capital Class Funds

The recently released 2013 Federal Budget included a proposal to eliminate the tax benefits associated with forward agreements used by certain investment funds to achieve capital gains treatment on income that would otherwise be treated as ordinary income.

BofA hires head of capital strategy in Asia Pacific

Bank of America (BofA) has hired ex-Morgan Stanley executive Deepak Abraham as head of capital strategy in Asia Pacific.

Dynasty Financial poaches adviser team from Merrill Lynch

US-headquartered wealth management start up, Dynasty Financial Partners, has expanded in Missouri by adding on a team of advisers from Archford Capital Strategies, a Merrill Lynch breakaway team in the St. Louis suburbs.

Martin Currie appoints investment director for Asia

Martin Currie Investment Management has appointed Andrew Graham as its new head of Asia after Jason McCay’s exit.