All articles by Verdict Staff
Verdict Staff
Custom House Global Fund Services unveils new brand interface
Custom House Global Fund Services, a London-based hedge fund administration specialist, has unveiled a new brand interface and officially moved to independent ownership following the receipt of regulatory and government approvals.
Vanguard unveils four low-cost fixed income ETFs
American investment management firm Vanguard has bolstered its exchange traded fund range by launching four low-cost fixed income ETFs on the London Stock Exchange.
Man Group adjusted pre-tax profit drops 17%
Man Group, a London-based hedge fund firm, has reported an adjusted pre-tax profit of $400m for 2015, down 16.8% compared to $481m in the prior year.
AXA Wealth FUM rises 13% to £31.8bn in 2015
AXA Wealth’s overall funds under management (FUM) rose by 13% to £31.8bn in 2015, from £28.2bn a year ago driven by strong new business as a result of the recent pension freedom reforms.
RBS private banking operating profit dips 40% in 2015
The private banking business of RBS has registered an adjusted operating profit of £113m for the full year ended 31 December 2015, down 40% compared to £190m a year ago reflecting lower income and higher impairment losses.
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Merrill Lynch names new vice chairman
Merrill Lynch Wealth Management has named Sabina McCarthy as its vice chairman. She will report to Bank of America Merrill Lynch Wealth Management head John Thiel.
NelsonHall rolls out new vendor evaluation tool for wealth & asset management services
BPO and outsourcing analyst firm NelsonHall has rolled out a new tool that will help strategic sourcing managers to evaluate vendor ability in wealth & asset management services.
Amey OS Pension Scheme selects SEI as fiduciary manager
Amey OS Pension Scheme has selected SEI as a fiduciary manager to its £135m defined benefit (DB) pension scheme.
Robo-advisor MoneyFarm forays into UK market
Italian online wealth manager MoneyFarm has launched its services for investors in the UK.
Family first: Growing significance of family offices in the Middle East
According to the RBC Capgemini World Wealth Report, the high net worth individuals population in the Middle East rose by 7.7% between 2013 and 2014 and their wealth rose 8.2%. The regional family office sector has some catching up to do quantitatively and qualitatively, writes Paul Golden