All articles by Verdict Staff

Verdict Staff

Deutsche Bank receives fund administration mandate in Singapore

Deutsche Bank Singapore has secured mandate to offer transaction and fund administration services for Astrea III’ private equity assets in Southeast Asia.

Tremblant Capital Group names new partner and co-president

Tremblant Capital Group, a New York-based asset management firm, has appointed Daniel Waters as its new partner and co-president.

Planner Holdings acquires stake in Queensland-based advice firm

Planner Holdings, a subsidiary of managed discretionary account operator Managed Accounts Holdings, has bought a minority interest in Queensland-based advice firm Holman McGregor Financial Services (HMFS).

BlackRock Q2 net income drops 3.7%

American fund manager BlackRock has reported attributable net income of $789m for the second quarter of 2016, down 3.7% compared to $819m in the year-ago quarter.

American Beacon takes minority stake in ARK Investment Management

American Beacon Advisors has acquired a minority stake in ARK Investment Management, a New York-based federally registered investment adviser.

Wells Fargo wealth arm income slides marginally in Q2

The wealth and investment management (WIM) arm of Wells Fargo has reported a net income of $584m for the second quarter of 2016, marginally down compared to $586m a year ago.

UBS Business University opens its third campus in Shanghai

Swiss banking giant UBS has opened a new campus of UBS Business University in Shanghai to meet rising demand for financial talent that can support the bank’s growth in China.

Kayne Anderson Capital Advisors names new CEO

Kayne Anderson Capital Advisors (Kayne), a US-based alternative asset manager, has appointed Mike Levitt as its new CEO.

Deutsche Bank names new Asia Pacific CEO

German banking group Deutsche Bank has appointed Werner Steinmueller as the new CEO of Asia Pacific.

BizEquity to integrate Advisor Office service with Sawtooth’s wealth platform

BizEquity, a provider of cloud based business valuation and performance big data, has entered into a strategic partnership with technology-focused wealth management platform Sawtooth Solutions.