All articles by Verdict Staff
Verdict Staff
Charlemagne suffers drop in profits, while AuM rises
UK-headquartered asset management group Charlemagne Capital’s operating profits fell, in the year to the end of December 2012, to US$5.1 million, a decrease from US$6.1million in 2011.
Van Eyk buys Perpetual NZ Co
Investment research provider van Eyk has completed the purchase of Perpetual New Zealand Companies, including Perpetual Asset Management and Perpetual Portfolio Management.
SEC charges hedge fund manager and brokerage CEO with fraud
The US federal agency, Securities and Exchange Commission (SEC), has charged a Houston-based hedge fund manager and his firm with defrauding investors in two hedge funds and steering bloated fees to a brokerage firm CEO, who has also been charged.
IFG reports 22% drop in operating profits
Financial services group IFG has reported a 22% decrease in operating profits of GBP6.2 million for 2012, a decrease from GBP8 million in 2011.
GenSpring ranked top competitor within multi-family office industry: FWA survey
GenSpring Family Offices, the multi-family office affiliate of SunTrust Banks, Inc., has been ranked as the number one competitor by firms within the multifamily office industry, according to a Family Wealth Alliance (FWA) survey.
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Calypso Technology opens new Madrid office
US-based software provider Calypso Technology has opened a new office in Madrid, with the aim to service the Spanish and Portuguese markets.
BNY Mellon Wealth Management appoints new senior director
BNY Mellon Wealth Management has appointed Michael Cabanas, former managing director at Fiduciary Trust International, as senior director, to strengthen its presence in Florida.
Baring Asset Management launches new fund for European investors
Baring Asset Management, a UK-based global investment management firm, has launched Euro Dynamic Asset Allocation fund, to meet the specific needs of European investors seeking growth.
BMO Bank of Montreal Increases Mortgage Rates
As previously announced, BMO’s limited time offer on 5-year residential mortgage rates ends this week.
Credicorp has been awarded as Best Managed Company in the Banking and Finance Sector in Latin America
Credicorp (NYSE: BAP) has been awarded by Euromoney as:
Best Managed Company in the Banking and Finance Sector in Latin America
Best for Shareholder Value in Latin America
Best Managed Company in Peru