All articles by Verdict Staff

Verdict Staff

Alliance Trust confirms merger approach from Rothschild’s RIT Capital Partners

Scottish investment firm Alliance Trust has confirmed that it has received an informal merger approach from RIT Capital Partners, a London-based investment trust largely controlled by the Rothschild family.

EU Commission approves UniCredit, Santander asset management merger

The European Commission has given the go-ahead to the merger of UniCredit’s and Santander’s fund managment businesses.

Abu Dhabi Global Market, Flat6Labs sign agreement for fintech development in UAE

Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has inked a memorandum of understanding (MoU) with start-up accelerator Flat6Labs to support the country’s development in the financial technology sector.

Bulkley Valley partners with Qtrade to offer investment services

Canada-based Bulkley Valley Credit Union has formed wealth management partnership with Qtrade Financial Group to offer investment services.

Invesco Canada rolls out two new funds

Invesco Canada has introduced a pair of new funds- Invesco Global Bond Fund and Trimark Global Diversified Income Fund.

Wealth manager Jupai launches subsidiary in Hong Kong

Chinese wealth manager Jupai has expanded its overseas services by launching a subsidiary in Hong Kong, known as Jupai Hong Kong.

KKR names new head of Greater China real estate team

KKR, a global investment firm that manages investments across multiple asset classes, has appointed Rob Yang as its new managing director and head of Greater China in its real estate team.

Tech Mahindra to acquire Target Group in £112m deal

Indian IT provider Tech Mahindra has agreed to purchase Target Group, a UK-based BPO and software provider to financial institutions, for £112m.

FCA names new permanent investment supervision head

The UK’s Financial Conduct Authority (FCA) has appointed Megan Butler as the permanent director of supervision – investment, wholesale and specialists (SIWS).

Tilney Bestinvest posts £17.6m profit in 2015

British wealth manager Tilney Bestinvest has reported a profit of £17.6m, before tax and other costs, for 12 months to 31 December 2015.