All articles by Verdict Staff

Verdict Staff

Tilney Bestinvest unveils new multi-asset income fund for UK investors

Tilney Bestinvest, a UK-based investment and financial planning firm, has unveiled a new multi-asset UCITS OEIC fund called the IFSL Tilney Bestinvest British Enhanced Income (BEI) fund targeted at UK investors.

ANZ partners with Macquarie for new wrap platform

Macquarie Investment Management has inked an agreement with Australia and New Zealand Banking Group (ANZ) to develop a new wrap platform for ANZ’s advice partners.

Mattioli Woods posts 20% rise in revenue for six months ended November 2015

British wealth manager Mattioli Woods has reported a 20% rise in its revenue to £19.9m for the for the six months ended 30 November 2015, compared to £16.59m in the same period a year ago.

Avaloq opens new BPO centre in Singapore, adds Deutsche Bank WM as major client

Avaloq, a technology-driven financial services provider for wealth management and retail banks, has launched its new business process outsourcing (BPO) centre in Singapore as part of the company’s continued growth in the APAC region.

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.

Standard Life Wealth appoints new charities specialist

UK-based Standard Life Wealth has hired Julie Hutchison for a newly created role of charities specialist.

UBS wealth arm Q4 pre-tax profit slumps 47%

The wealth management arm of UBS has registered profit before tax of CHF344m in the fourth quarter of 2015, a decline of 47% compared to CHF646m a year ago.

Old Mutual Wealth to acquire Singapore-based AAM Advisory

Old Mutual Wealth has agreed to acquire a 100% stake in AAM Advisory, a Singapore-based expat-focused financial advisory firm.

Western Asset Management unveils new fixed income funds

Western Asset Management, an affiliate of Legg Mason, has rolled out a pair of new fixed income funds.

Bravura unveils new module within its wealth platform Sonata

Bravura Solutions has rolled out a new module, known as Sonata CPPI, within its Sonata wealth management platform.