All articles by Verdict Staff
Verdict Staff
Standish Mellon Asset Management hires new chief economist
Standish Mellon Asset Management, a US-based fixed income investment boutique of BNY Mellon, has appointed Vincent Reinhart as its new chief economist, replacing Tom Higgins.
Novia Global introduces new overseas pension scheme
UK-based Novia Global has launched a new global retirement account that will be administered by Dominion Fiduciary Services in Malta.
Ex-Canaccord Genuity CEO launches new fintech start-up in UK
Former Canaccord Genuity Wealth Management CEO Neil Darke has launched a fintech start-up called The Lifehouse.Co in UK.
Azimuts Australian subsidiary to acquire advice firm Wealthwise
AZ Next Generation Advisory (AZ NGA), the Australian arm of Azimut, has agreed to purchase the entire capital of Perth-based financial planning practice Wealthwise for A$9.5m.
Morgan Stanley unveils new investment management tool for financial advisors
Morgan Stanley Wealth Management has introduced a new portfolio management and trading application that allows financial advisors to manage client accounts across models within the select unified managed account (UMA) program.
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UBS’ French unit under investigation for witness tampering
French authorities have placed Swiss banking giant UBS under formal investigation for alleged witness tampering following a complaint filed by a former employee against the bank.
Global UHNW count rose 61% over last 10 years: Knight Frank
The numbers of ultra-high-net-worth individuals (UHNWIs) with $30m or more in net assets are now around 187,500 across the world, up 61% from a global UHNWI population of 116,800 in 2005, according to data provided by New World Wealth for the Knight Frank Wealth Report.
Northern Trust’s 50 South Capital Advisors to buy Aurora Investment Management
50 South Capital Advisors, a subsidiary of Northern Trust, has agreed to acquire Aurora Investment Management, a hedge fund solutions provider and subsidiary of Natixis Global Asset Management, for an undisclosed amount.
TCAM hires former Barclays Wealth Scotland head as investment director
Turcan Connell Asset Management (TCAM) has hired former head of Barclays Wealth Scotland Mark Little as its new investment director.
Standard Chartered rolls out private investment programme for HNW investors
British banking major Standard Chartered has introduced a new programme that allows private banking clients to invest in leading private investment funds.