All articles by Verdict Staff

Verdict Staff

Investec Private Banking simplifies mortgage range for HNWs

Investec Private Banking has created the new Investec Private Banking Mortgage range by merging its professional and million plus mortgages.

BlackRock to axe about 400 jobs

American investment manager BlackRock is planning to shed about 400 jobs, which is considered to be its biggest round of redundancies ever.

Nikko Asset Management names new EMEA CEO

Nikko Asset Management has appointed Udo von Werne as the CEO of Nikko Asset Management Europe, which covers Europe, the Middle East, and Africa (EMEA).

Israel cracks down on bank executives’ salaries

In a bid to narrow the pay gap between employees and bosses, the government of Israel has adopted a new law to cap salaries of bank executives.

TD Asset Management rolls out six ETFs

TD Asset Management (TDAM), the manager of TD Pools, has introduced six passive exchange traded funds (ETFs).

Manulife Asset Management names new distribution head for EMEA ex UK

Manulife Asset Management has named Marco Zanuso as its new head of distribution for EMEA ex UK.

Australia experiences highest millionaire inflows in 2015: Report

Australia topped the list of millionaire inflows in 2015, with as many as 8,000 millionaires moving to the country, according to New World Wealth’s annual Millionaire Migration report.

SEI renews contract with Bordier & Cie for five years

The UK Private Banking business of SEI has extended its contract with the wealth management firm Bordier & Cie for another five years, until 2022.

Carrhae Capital taps Eze Software for portfolio accounting solution

London-based asset manager Carrhae Capital has selected Eze Software Group’s Portfolio Accounting solution to manage its portfolio accounting needs.

State Street to take over GE Asset Management for $485m

State Street has agreed to acquire GE Asset Management (GEAM), the investment management unit of GE, in a cash deal valued up to $485m.