All articles by Verdict Staff

Verdict Staff

Profile Software launches new front-end wealth management solution

Profile Software, a Dubai-based financial solutions provider, has launched a new cloud-based wealth management platform called Axia for relationship mangers.

Credit Suisse posts CHF2.44bn pre-tax loss; to slash 4000 jobs

Swiss banking giant Credit Suisse has reported a pre-tax loss of CHF2.44bn for full year 2015 compared to a pre-tax profit of CHF3.6bn in the year ago period.

First Names Group hires new Asia head

First Names Group, a trust, fund and corporate services provider, has named Jean Pierre (JP) Koolmees as new head of its Asian operations.

UBS AM expands alternative beta ETF range

UBS Asset Management (UBS AM) has launched eight new currency-hedged ETFs as part of its alternative beta range.

Robertson Stephens expands investment management group

Robertson Stephens, a wealth advisory and investment management firm, has hired four new executives for Robertson Stephens Partners LLC, the firm’s investment management group.

UBP reports 11.5% rise in assets under management

Swiss private bank Union Bancaire Privée (UBP) said that its assets under management (AuM) for the year ended 31 December 2015 stood at CHF110bn, a rise of 11.5% compared to a year ago.

New Silkroutes Group forms assets management JV with CG Capital

Singapore-based New Silkroutes Group (NSG) has formed a joint venture CG Capital Partners, a New York-based fund manager, to offer fund management services, including financial products and asset-class-specific funds, to Asian investors.

First Names Group names new CFO

First Names Group, a trust, fund and corporate services provider, has hired Eric Fady as its new CFO, effective immediately.

RBC Wealth teams up with BlackRock’s FutureAdvisor for robo-advisor pilot program

The US arm of RBC Wealth Management has partnered with BlackRock-owned digital wealth management provider FutureAdvisor on a pilot program called RBC Investor Gateway for select clients in the US.

Old Mutual hires new client services head

Old Mutual Global Investors (OMGI), part of Old Mutual Wealth, has hired Sharon Power as new head of client services.