All articles by Verdict Staff

Verdict Staff

Royal Bank appoints two new persons for its healthcare and pharmaceuticals teams

Royal Bank of Scotland Corporate & Institutional Banking (RBS CIB) is growing its market-leading healthcare and pharmaceuticals team with the appointments of Emily Makinson and Paul Weeks as associate director and director respectively.

Coutts launches multi-asset funds

Coutts has announced the launch of its Coutts multi-asset line of funds. Comprising seven, UK and global, RDR-compliant UCITS funds, the range of funds aim to deliver attractive long-term returns by investing in a broad range of asset classes including cash, bonds, equities, commodities and property.

Gimv becomes majority shareholder of the ProxiAD Group

Gimv, one of the main investment companies in Europe, invests in ProxiAD, a French software engineering services company specialising in new object technologies and business intelligence systems.

Smith & Williamson appoints head of sales team

Smith & Williamson Investment Management (S&W), a UK-based provider of investment management services to private clients, has appointed Mickey Morrissey as the head of its sales team.

Richmond Fiduciary Group opens office in China

Guernsey-headquartered Richmond Fiduciary Group has opened its own representative office in Shanghai, China, three years since the Chairman of Richmond, Alan Chick, made his first visit to the region to explore the potential of the Asian market.

The number of Polish millionaires is forecast to grow by 40% by 2017

This press release is part of WealthInsight’s upcoming report on Poland entitled: Poland 2012 Wealth Book: The rising star of Europe

Sanlam UK appoints head of wealth management

Sanlam Private Investments UK has appointed Ian Porter to the newly created role of head of wealth management.

OCM Wealth Management launches Platform Plus for advisors

UK-based OCM Wealth Management has launched a new DFM platform called, Platform Plus, which is centered on discretionary fund management that claims to reduce costs for advisers.

French Court rules 75% tax rate on rich unconstitutional

The French Constitutional Court has ruled the move by Socialist government’s 2013 budget to impose a 75% tax on annual income in excess of EUR1 million (US$1.3 million) as unconstitutional.

Carlyle Group to acquire Duff & Phelps for US$665.5 million

A consortium of financial services firm, which includes private equity firm Carlyle Group LP and Swiss private bank Pictet & Cie, has agreed to buy Duff & Phelps Corporation, a New York financial advisory and investment banking firm, for approximately US$665.5 million.