All articles by Verdict Staff

Verdict Staff

Standard Life Investments hires new head of stewardship and ESG Investment

UK-based Standard Life Investments has appointed Euan Stirling as the head of stewardship and ESG Investment replacing Guy Jubb.

Leonteq ends partnership with DBS for distribution of structured investment products

Swiss financial technology firm Leonteq has terminated a co-operation agreement with DBS and two other firms, Avaloq and Numerix, to develop and implement an integrated multi-issuer investment products distribution system.

BNY Mellon’s Pershing appoints new CEO

Pershing, a US-based subsidiary of BNY Mellon, has appointed Lisa Dolly as its new CEO, replacing Ron DeCicco.

Advisor Software introduces new white-label robo advisory platform

Advisor Software, a US-based provider of wealth management cloud platforms for financial advisors, has introduced a new white-label robo advisory platform that will allow financial advisors to enter the automated digital advice marketplace.

ING Group underlying net profit jumps 23%

Dutch banking major ING Group has reported underlying net profit of EUR4.21bn for 2015, a 23.2% increase compared to EUR3.42bn in 2014.

Mitsubishi UFJ Trust to acquire Capital Analytics from Neuberger Berman

Mitsubishi UFJ Trust and Banking (MUTB) has agreed to acquire 100% of the issued shares of Neuberger Berman Group’s overseas fund management company, Capital Analytics II (CA).

Waddell & Reed partners with Envestnet, Docupace to create integrated advisor platform

Waddell & Reed has entered into a strategic partnership with Envestnet and Docupace Technologies to build a custom platform that will enhance its advisors’ portfolio management capabilities.

Hargreaves Lansdown net inflows up 23% in H1

British investment manager Hargreaves Lansdown has recorded strong net business inflows of £2.77bn for the six month period ended 31 December 2015, a jump of 23% compared to £2.25bn a year ago.

Nomura’ asset management arm registers 21% surge in pre-tax profit

Nomura’s asset management business has reported income before income taxes of JPY30.9bn for the nine months ended 31 December 2015, an increase of 21.5% compared to JPY25.4bn a year earlier.

SEI’s Institutional Group gets new chief

SEI has appointed Paul Klauder and new head of the SEI Institutional Group, which offers outsourced investment management services.