All articles by Verdict Staff
Verdict Staff
Andrew Caspersen Joins Park Hill in Secondary Advisory Business
The Park Hill Group, a division of Blackstone announced that Andrew Caspersen has joined as a Managing Principal, with a focus on its secondary advisory business.
AMP appoints new head of Horizons
AMP Financial Services (AFS) has appointed Amelia Constantinidis as Director of Horizons, reporting to AMP Director, Advice and Client Solutions Steve Helmich.
Genstar Capital and Aquiline Private Equity under negotiations to buy Genworth businesses
Private equity firms Genstar Capital and Aquiline Private Equity LLC are jointly negotiating ato buy Genworth Financial Inc’s wealth management business and its San Francisco-based alternative investment business, Reuters reported.
Berenberg continues expansion
“The banking sector faces a multitude of challenges in 2013, says Dr. Hans-Walter Peters, spokesman of the managing partners at Berenberg. More than ever, it is essential for banks to offer their customers visible benefits. This is the objective of our mission as a competent, responsible service provider: we aim to support our customers.”
RBS Group appoints new regional director of Corporate Banking for East of England
RBS has appointed Jonathan Barrow as Regional Director for the East of England Corporate & Institutional Banking (CIB) Coverage team.
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Collectibles: Popular Alternatives Among Millionaires
REITs are the most popular alternative investment product among Millionaire investors, but collectibles run a close second, according to a fourth quarter Spectrem Group study on financial product ownership among wealthy investors.
PMI Release February 2013
Januarys PMI report from Bank of Scotland showed that growth of Scottish private sector activity gained momentum at the start of 2013, with both output and new work increasing at faster rates than in December.
BNY Mellon Adds Six Insight-Managed Funds to RDR-ready Fund Range Newly-Created Range Will Enhance UK Offering
BNY Mellon today confirmed the addition of six new RDR-ready sub-funds to its BNY Mellon Investments UK wholesale funds range. The funds, which are managed by Insight Investment, draw on Insights investment expertise to reinforce BNY Mellons on-going commitment to providing the highest and broadest range of investment strategies to UK intermediaries.
Northern Trusts Ultra-Short Fixed Income Funds Surpass $3 Billion in Assets
As investors search for yield beyond traditional money market funds, Northern Funds Ultra-Short Fixed Income Fund (NUSFX) and Tax-Advantaged Ultra-Short Fixed Income Fund (NTAUX) have recently drawn assets from investors seeking opportunities for their investments that cover longer term spending needs. Northern Trust, which sponsors and manages the two funds, announced that together they have exceeded $3 billion in assets
Keith Gertsen to Join Citi Private Bank
Citi Private Bank announced today that Keith Gertsen will join the firm as a Managing Director and the Team Leader in Greenwich, Connecticut, effective March 18 and reporting to Paul Hubert, Global Market Manager for the Eastern region.