All articles by Verdict Staff
Verdict Staff
HSBC Private Bank appoints wealth planning head for UK and CEMEA
HSBC Private Bank has named Stephen Skelly as head of wealth planning for UK and Continental Europe, Middle East and North Africa (CEMEA), and Russell Prior as head of family governance and family enterprise succession for the UK.
eMoney Advisor appoints new CEO
Wealth planning software firm eMoney Advisor has appointed Edward O’Brien as its new CEO, effective immediately.
Brooks Macdonald underlying pre-tax profit up 6%
British wealth manager Brooks Macdonald Group has posted an underlying pre-tax profit of £7.13m for the six months ended 31 December 2015, a rise of 6% compared to £6.72m a year ago.
Raiffeisen Bank International swings to profit in 2015
Austrian lender Raiffeisen Bank International has reported a net profit of EUR379m for 2015, compared to a loss of EUR617m in the prior year.
MFS Investment Management rolls out new equity fund
MFS Investment Management, a US-based investment manager, has unveiled a new global long/short equity fund that targets total returns with less volatility than the broad global equity market.
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AssetMark unveils new portfolio construction framework for financial advisors
AssetMark, a provider of investment and consulting solutions serving financial advisors, has introduced a new Investing Evolved portfolio construction framework to help advisors build portfolios based on investor needs.
Neuberger Berman Trust Company hires new CIO
Neuberger Berman Trust Company, a subsidiary of US-based investment manager Neuberger Berman, has appointed Richard Gardiner as CIO.
LGIM operating profit up 11% in 2015
British asset manager Legal & General Investment Management (LGIM) has posted an operating profit of £355m for the year ended 31 December 2015, an increase of 11% compared to £321m a year ago.
Principal Financial forms asset management partnership with China Construction Bank
American investment manager Principal Financial Group has signed a strategic partnership agreement and MoU with China Construction Bank (CCB) to develop pension and asset management business in China.
EFG International opens onshore business in Chile
Swiss private bank EFG International has launched a new onshore business in Chile following the receipt of all regulatory approvals.