All articles by Verdict Staff
Verdict Staff
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.
London, New York top realty hotspots for wealthy Middle Eastern investors
Wealthy Middle Eastern investors rank London alongside New York as their top real estate investment destination location outside the region, according to a survey conducted by real estate consultancy, Cluttons.
AIMA to establish network in Bermuda
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has said that it will establish a new volunteer network in Bermuda.
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.
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.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
Australias BT Investment launches global equities boutique
BT Investment Management (BTIM), a subsidiary of Westpac, has set up a global equities boutique, which will be headed by Ashley Pittard – one of the founding shareholders of PM Capital.