All articles by Verdict Staff
Verdict Staff
BlackRock hires Swiss Re CIO as head of EMEA
BlackRock has appointed Swiss Re CIO, David Blumer, as its head of Europe, Middle East and Africa (EMEA) operations.
Energy issues are a growing concern among UHNW
Concern over energy costs and climate change appear to be motivating a significant share of Ultra High Net Worth Investors to take steps to reduce their energy consumption, according to the latest Spectrem Group research on the attitudes and behaviors of wealthy investors.
Momentum appoints two new executives for its UK retail sales market
UK-based Momentum Global Investment Management Limited, a wholly-owned subsidiary of Momentum Asset Management, has appointed David Thomas as head of retail sales and Rebecca Nkoane to lead UK IFAs and networks.
Waddell & Reed hires five Advisors
Broker-dealer Waddell & Reed has hired five financial advisors from wirehouses, banks, and independent firms, who will work in registered offices in communities from San Antonio, Texas, to Hartford, Conn.
LGT Capital opens first office in China
LGT Capital, a Switzerland-based alternative asset manager, has launched its first office in China in Beijing, reported Asian Investor.
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Citi appoints APAC head of client sales management
Citigroup (Citi) has appointed Jervis Smith as regional head of client sales management for securities and fund services (SFS) in Asia Pacific.
Challenging environment ahead for Wealth Management: UBS
UBS chairman Axel Weber has reportedly said the wealth management industry is experiencing a challenging environment as clients remain reluctant to invest on a large scale.
Increase in Sesame Bankhall Group’s trading profit
Sesame Bankhall Group (SBG) has increased trading profit to GBP4.1 million in 2012, from GBP2.2 million in 2011, according to its annual results.
Credit Suisse offers AES Options through Prime Trade
Credit Suisse will offer its AES Options single leg tactics for US listed equities, index and ETFs, through its Prime Trade platform.
Tough business climate and high investment expectations for Hedge Fund managers
Hedge fund managers will have to rethink their business models, provide tailored solutions, and offer multi-faceted client communications to get ahead in the future, research conducted by SEI in collaboration with Minard Capital LLC revealed.