All articles by Verdict Staff

Verdict Staff

Centuria buys 15.2% stake in GPT Metro Office Fund

Centuria Capital and its listed property funds have together snapped up a 15.2% stake in Australian real estate investment trust GPT Metro Office Fund (GMF).

Hargreaves Lansdown net inflows dip 16% to £2.3bn

British investment manager Hargreaves Lansdown has disclosed net new inflows of £2.3bn in the four months to 30 April 2016, down 16% from £2.75bn during the same period a year ago.

Voya Financial introduces wealth portfolios product

Voya Financial Advisors has expanded its suite of turnkey offerings by rolling out Voya Wealth Portfolios product.

Cordium, Knadel form strategic partnership to offer consulting services

Cordium, a London-based provider of governance, risk and compliance services, and Knadel, a specialist management consultancy, have formed a strategic alliance to provide regulatory, business and technology consulting services to the investments industry in the UK.

deVere survey reveals investment mistakes HNW investors make

Failing to appropriately diversify portfolios is the top investment mistake high-net-worth (HNW) investors make before they sought financial advice, according to an international poll conducted by deVere Group.

Avaloq names new group CMO and deputy CEO

Swiss banking solutions provider Avaloq has appointed Jurg Hunziker as its new group chief markets officer (group CMO) and deputy CEO.

Credit Suisse launches wealth management set up in Thailand

Swiss private banking giant Credit Suisse has established a client relationship coverage team in Thailand to bolster the new money it attracts from high-net-worth individuals (HNWIs) in the region.

Goldman Sachs weighs sale of Australian fund management business

Goldman Sachs Asset Management is mulling the sale of its Australian investment business, which include equities and fixed income.

Julius Baer AuM increase 2% to CHF305bn in first four months of 2016

Julius Baer Group’s assets under management (AuM) stood at CHF305bn at the end of April 2016, an increase of CHF6bn, or 2% since the end of 2015.

Union Bank expands private wealth management team in California

Union Bank has expanded its private wealth management team in California by hiring Simone Branigan, Ralph Dickman and Mary Murray as vice presidents and private wealth advisors.