All articles by Verdict Staff

Verdict Staff

Salient Partners taps SS&C for accounting, regulatory and middle office services

Salient Partners, a US-based asset management firm, has selected SS&C Technologies to run its outsourced middle office and accounting and regulatory processes.

Prudential closes purchase of Deutsche Bank’s asset management unit in India

PGIM, the investment management arm of US-based Prudential Financial has closed its acquisition of Deutsche Bank’s Indian asset management business through its Mumbai-based affiliate, DHFL Pramerica Asset Managers.

EVB creates private banking division for HNW clients

Eastern Virginia Bankshares (EVB), an independent, full-service community bank serving eastern and central Virginia, has created a new private banking division to offer comprehensive banking and wealth management solutions for HNW customers.

IBOSS launches asset management arm for new risk-rated multi-manager funds

UK-based investment services provider IBOSS has established an asset management business, which will house its recently launched range of four-risk rated multi-manager funds.

VP Bank Group annual net income surges to CHF64.1m

VP Bank Group has posted a group net income of CHF64.1m for the 2015 financial year, a surge of 220.5% compared to CHF20m in the prior year.

BlackRock rolls out new absolute return multi-asset fund

BlackRock has rolled out a new absolute return multi-asset fund, which will focus on factor investing to drive returns.

Lombard Risk Management launches new tool for regulatory reporting

Lombard Risk Management, a provider of integrated regulatory reporting, compliance and collateral management solutions for the financial firms, has introduced a new next generation agile solution for regulatory reporting.

Rothschild names new director for UK wealth management business

Financial advisory group Rothschild has hired Katharine Brace as new director for its wealth management business in London.

Deutsche Bank names CIO for private, wealth & commercial clients

Deutsche Bank has named René Keller as chief information officer (CIO) for private, wealth & commercial clients (PW&CC), effective from 1 June 2016.

COMMENT: FinTech and Big Data: the friend of the Financial Advisor?

Michael M. Carter, CEO of BizEquity, comments on how advisors are embracing technology