All articles by Verdict Staff

Verdict Staff

Wealth management least tech-literate sector: PwC

The wealth management industry is one of the least technology-savvy sectors in the financial services industry, according to a report by PricewaterhouseCoopers (PwC).

New fund governance venture launched in Cayman Islands

Highly experienced directors Ronan Guilfoyle and Wade Kenny have launched a new fund governance venture, dubbed Calderwood, in the Cayman Islands.

Schroders, Hartford Funds sign partnership deal

British fund manager Schroders has teamed up with US-based asset manager Hartford Funds to accelerate growth plans in the US.

The Carlyle Group invests $400m in ION Investment Group

The Carlyle Group has invested about $400m in ION Investment Group, a provider of mission-critical trading and workflow automation software solutions to financial institutions, central banks, and corporates.

Pictet poaches Goldman Sachs executive as new Singapore CEO

Bank Pictet & Cie (Asia), the private banking arm of Pictet Group, has hired Goldman Sachs banker Dominique Jooris as the new CEO for Singapore, effective 11 July 2016.

State Street research reveals asset owners, managers lack readiness for blockchain

Even though majority of asset owners and managers anticipate widespread adoption of blockchain in the investment industry in the next five years, few have the readiness to support the technology, a new research from State Street has revealed.

Fairstone Group buys minority stake in McParland and Partners

Fairstone Group, a UK-based chartered financial planning firm, has acquired a minority stake in advice firm McParland and Partners for an undisclosed sum.

HMRC withdraws APNs following judicial review

HM Revenue & Customs (HMRC) has withdrawn hundreds of accelerated payment notices (APNs) issued to offshore trusts’ users after a legal challenge.

COMMENT: Robo-revolution under way – Can it solve the advice gap in the UK?

Laura Balkarova, analyst at the Insurance Intelligence Centre, comments on the growth of the UK robo-advise market

Paul Pagnato and David Karp launch independent wealth specialist firm

Family office advisors Paul Pagnato and David Karp have launched their independent wealth specialist firm, known as PagnatoKarp.