All articles by Verdict Staff

Verdict Staff

UBS launches global programme to unearth social innovators

Swiss banking giant UBS has launched a global programme in partnership with Ashoka – a global network of social entrepreneurs – to select high-potential social enterprises that address some of society’s most pressing challenges.

Schroders, Indus Capital collaborate to launch pan–Asian equity fund

British fund manager Schroders has teamed up with Indus Capital to launch a long/short pan–Asian equity fund on its Gaia hedge fund platform.

Abu Dhabi Global Market, Paris EUROPLACE sign MoU to support financial collaboration

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has inked a memorandum of understanding (MoU) with Paris EUROPLACE to foster collaboration on joint financial activities and support growth of financial industry in France and Abu Dhabi.

UBS ordered by Swiss tax authority to hand over French clients’ data

Swiss banking major UBS has been ordered by Switzerland’s tax authority to hand over France information on French clients.

CARRET Private Investments to merge Hong Kong business with QL Asset Management Company

CARRET Private Investments (Asia) has agreed to merge its Hong Kong private wealth management unit with Hong Kong-based QL Asset Management Company.

JP Morgan appoints new Private Bank Middle East head

JP Morgan has appointed Tara Smyth as the new head of its Private Bank Middle East market, replacing Jonathan Conner.

HighTower takes over multi-family office Acacia Wealth Advisors

HighTower has snapped up Los Angeles-based boutique multi-family office Acacia Wealth Advisors, which manages over $500m in assets.

Legg Mason to buy majority stake in online advisor Financial Guard

Legg Mason has agreed to purchase an 82% majority equity interest in online investment advisor Financial Guard for an undisclosed sum.

Ascot Lloyd sets up new private office in Harrogate

British advice firm Ascot Lloyd has opened a new private office in Harrogate to offer bespoke wealth management solutions for both families as well as individuals.

PIMCO bolsters emerging markets team in London

PIMCO has appointed Gene Frieda as the new executive vice president and global strategist for its emerging markets and global strategies and Yacov Arnopolin as the new executive vice president and emerging markets portfolio manager.