All articles by Verdict Staff

Verdict Staff

Standard Life appoints head of platform proposition

Standard Life has appointed David Tiller as the head of platform proposition, which is a newly created role.

CSWM receives Defaqto 5 Star Rating for a Second Year in a Row

Defaqto has recently released formal ratings on bespoke Discretionary Propositions and Managed Portfolio Services for 2013 and Collins Stewart Wealth Management (CSWM) is pleased to have been awarded a Defaqto 5 Star Rating for its Discretionary Portfolio Management Service.

Threadneedle adds Asian equity income fund to its dividend fund Range

Threadneedle has launched the Threadneedle (Lux) Asian Equity Income Fund, a Luxembourg SICAV, to complement its existing range of dividend funds.

Schroders Global Strategic Solutions senior appointments

Schroders is pleased to announce that Scott Lothian has joined Schroders as Senior strategist, Global Strategic Solutions.

Morningstar Named Best Investment Data Provider at the Professional Adviser Awards 2013

Morningstar UK Ltd, a subsidiary of independent investment research firm Morningstar, Inc., today announced it has won the Best Investment Data Provider award at the Professional Adviser Awards 2013.

About performance of ABLV open-end mutual funds in January

In January, most financial markets were elated. The surge of optimism and consequent high demand for risky assets was due to partly solving the “fiscal cliff” problem. In early January, the US president Barack Obama approved the law supposed to alleviate the “fiscal cliff” impact on the economy.

RBS settles LIBOR issue

RBS has settled the LIBOR scam by paying a penalty of GBP390 million (US$612 million) to the Financial Services Authority, Commodity Futures Trading Commission and Department of Justice.

Banco Latinoamericano de Comercio Exterior NET INCOME INCREASES 12% TO $93.0 MILLION

Bladex’s Full-Year 2012 Net Income (*) totaled $93.0 million, or $2.46 per share, compared to $83.2 million, or $2.25 per share, in 2011. The $9.8 million, or 12%, increase reflected an improved core business in the Commercial Division ($96.3 million, +80% vs. 2011), partially offset by lower contributions from the Treasury Division and from discontinued operations in the Asset Management Unit, which is no longer reported as a separate Bladex business segment, pending completion of its divestiture.

Midland States Bank selects Innovest Systems as its trust and wealth management platform

US-based Midland States Bank, a community bank specialized in wealth management and trust, has selected Innovest Systems’ InnoTrust platform to provide a robust, scalable, and innovative solution to support its trust and wealth management offerings.

David Driver appointed Managing Director of Standard Life Wealth

David Driver has been appointed as Managing Director of Standard Life Wealth, the investment specialist for private clients and charities.