All articles by Verdict Staff

Verdict Staff

Columbia Threadneedle Investments unveils new liquid alternatives fund

Columbia Threadneedle Investments has rolled out a new liquid alternatives UCITS fund. The fund is intended for distribution aimed at institutional investors, high net worth individuals and sophisticated wholesale investors such as private banks and family offices.

Goldman Sachs net earnings surges 73% in Q2

Goldman Sachs has posted a net income of $1.82bn for the second quarter of 2016, a surge of 73% compared $1.05bn in the year-ago quarter. Diluted earnings per common share were $3.72 compared with $1.98 for the second quarter of 2015.

AES International receives chartered status from UK’s CII

AES International, a UK-based provider of financial advice to expats across the Middle East, has received corporate chartered financial planner status from the UK Chartered Insurance Institute (CII).

Leadership vacuum in UK financial sector post-Brexit leaves one million jobs at risk: CISI

There has been a complete leadership vacuum in UK financial services sector since the EU referendum on 24 June 2016, which is affecting the sector’s competitiveness and threatening jobs, according to Chartered Institute for Securities & Investment (CISI).

Abu Dhabi and China regulators sign MoU to improve regulatory collaboration

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and the China Securities Regulatory Commission have signed a memorandum of understanding (MoU) to support cross-border activities and regulatory collaboration.

Brexit may slowdown UK’s GDP and house price growth: PwC

Britain’s vote to quit the European Union is expected to result in a slowdown of UK’s GDP growth, and a significant slowdown in house price growth, according to a report by PricewaterhouseCoopers (PwC).

BNY Mellon to offer fund administration services to Nomura Asset Management Deutschland

BNY Mellon has signed an agreement with Nomura Asset Management Deutschland to offer fund administration and middle office services to Nomura’s German domiciled funds managing nearly EUR2bn in assets.

Lloyds rolls out mentoring scheme for fintech start-ups

Lloyds Banking Group has launched a new mentoring scheme to support start-ups in the financial technology space.

Julius Baer reshuffles management structure in Monaco

Bank Julius Baer (Monaco) has promoted its current CEO Alain Ucari to the role of chairman and named Albert Henriques as its new CEO.

Ironshore expands private insurance portfolio to affluent clients in Connecticut

Specialty insurer Ironshore Private Client Group has expanded its Private Insurance Portfolio offering for HNW homeowners in Connecticut with immediate effect.