All articles by Verdict Staff

Verdict Staff

StatPro buys hedge fund risk solutions provider Investor Analytics

StatPro Group, a UK-based provider of cloud-based portfolio analysis solutions for the asset management industry, has purchased Investor Analytics, a US-based provider of cloud-based advanced risk analytics services to hedge funds and asset managers.

Boston Private Wealth bolsters wealth management presence in California and Florida

Boston Private Wealth has expanded its wealth management presence in California and Florida by hiring executives from wealth advisory firms, Filigree Advisors and Mikus Capital Management.

BTG Pactual axes 350 staff in Brazil

Brazilian investment bank BTG Pactual has axed 305 or 18% of its 1,653 workforce in Brazil as part of its strategy to slash costs.

VP Bank Group net income rises to CHF64m in FY2015

Liechtenstein-based private bank VP Bank Group has posted a net income of CHF64m for the 2015 financial year, compared to a net income of CHF20m in 2014.

Northern Trust Asset Management unveils new generation of target date retirement funds

Northern Trust Asset Management, the US-based investment manager to institutional and private investors, has introduced a new generation of target date retirement funds, called Life Engineered Funds.

Oracle Capital partners with IndusView UK to foray into Indian market

Oracle Capital Group, an independent multi-family office and wealth management firm, has signed a deal to form a joint venture with IndusView UK, the London-based India advisory firm, and financial services professional Rudra Dalmia to foray into the Indian market.

Brewin Dolphin total funds rises to £33.2bn

British wealth manager Brewin Dolphin’s total funds stood at £33.2bn at end of December 2015, compared to £33.1bn a year ago.

Morgan Stanley names chief digital officer for wealth management

US investment bank Morgan Stanley has hired Naureen Hassan as new chief digital officer for wealth management.

Crédit Agricole combines wealth management operations under single brand

Credit Agricole Private Banking has integrated its operations across Europe, the Middle East, Asia-Pacific and the Americas under one single entity, which will be known as Indosuez Wealth Management.

Aberdeen Asset Management AuM reaches £290.6bn

Aberdeen Asset Management saw its assets under management (AuM) rise by 2.4% to £290.6bn for the three months to 31 December 2015, compared to £283.7bn as of 30 September 2015.