All articles by Verdict Staff

Verdict Staff

Guernsey Finance opens office in Hong Kong

Guernsey Finance has opened a representative office in Hong Kong to help Asian fund managers access the UK and European markets via Guernsey fund structures.

M&A quantum in wealth management industry surges in 2015: Scorpio Partnership

The count of mergers and acquisition in wealth management hit 124 in 2015, a surge of nearly 49% compared to 83 a year ago, according to Scorpio Partnership’s latest M&A assessment report.

Wealth Enhancement Group to acquire wealth manager HHG & Company

Wealth Enhancement Group, an independent wealth management firm in Minneapolis, has agreed to acquire HHG & Company, a wealth management firm based in Connecticut with over $1bn in assets under management.

Jyske Bank deploys Vermilion Software’s reporting solution

Danish private bank Jyske Bank has implemented Vermilion Software’s reporting solution to automate the production of client valuations, fund commentaries and PowerPoint presentations, at varying frequencies, for its client base.

Legal & General Investment appoints new product head

Legal & General Investment Management (LGIM) has named Rhodri Mason as new head of product, subject to regulatory approval.

Schroders pre-tax profit up 14% in 2015

British fund manager Schroders has posted a pre-tax profit of £589m for the year ended 31 December 2015, a rise of 14% from £517.1m a year earlier.

BOK Financial closes acquisition of Weaver Wealth Management

BOK Financial has closed the acquisition of Weaver Wealth Management from Texas based-Weaver and Tidwell Financial Advisors.

JPMAM appoints new head of UK adviser sales

JPMorgan Asset Management (JPMAM) has hired Dale Erdei as head of adviser sales for its UK funds business replacing Mike Parsons, who has quit the firm in the start of 2016.

Banque Havilland buys 100% stake in Banco Popolare Luxembourg

Luxembourg-based private bank Banque Havilland and Banco Popolare Societa Cooperative have purchased 100% of the share capital of Banco Popolare Luxembourg following the receipt of approval from appropriate supervisory authorities.

Nikko AM hires new chief risk management officer

Japan-based Nikko Asset Management (Nikko AM) has named Mark de Vries as new chief risk management officer.