All articles by Verdict Staff

Verdict Staff

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.

Lombard International Assurance unveils new wealth planning solution for UK market

Lombard International Assurance, a provider of wealth structuring solutions for HNW clients, has rolled out a new wealth planning solution aimed to meet the needs of US taxpayers and US residents currently residing in the UK.

New Silkroutes buys 51% stake in Singapore family office Stamford Management

New Silkroutes Group (NSG) has agreed to acquire 51% equity stake in Stamford Management, a Singapore-based family office managing about $250m, for about SG24.48m ($17.47m) to expand its asset management business.

Scotiabank Q1 net income rises 5% to C$1.81bn

Canadian lender Scotiabank has posted a net income of C$1.81bn for the first quarter of fiscal year 2016, up 5% compared to C$1.72bn in the year-ago quarter.

GAM Holding underlying net profit falls 11% in 2015

Swiss money manager GAM Holding has registered underlying net profit of CHF158.4m for the year ended 31 December 2015, a fall of 11% from CHF177.2m a year ago.

RTD Financial Advisors buys Pinnacle Financial Advisors

RTD Financial Advisors (RTD), a Philadelphia based firm, has acquired Pinnacle Financial Advisors, a financial planning and wealth management firm, for an undisclosed sum.

Kames Capital forays into the Swedish market

UK fund management group Kames Capital has forayed into the Swedish investment market by launching 10 of its funds for Swedish investors.

Jupiter Fund Management’s AuM rises by 12% in 2015

Jupiter Fund Management’s total assets under management (AuM) rose to £35.7bn during the year ended 31 December 2015, up 12% compared with £31.9bn a year ago due to net inflows and market appreciation across the year.

Anderson Strathern appoints new senior investment manager

UK-based wealth manager Anderson Strathern Asset Management has appointed Donald Barlow as new senior investment manager.

Barclays adjusted attributable profit dips 3% in 2015

British banking giant Barclays has posted an adjusted attributable profit of £2.69bn for the full-year 2015, a decline of 3% compared to £2.78bn in the prior year.