All articles by Verdict Staff

Verdict Staff

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.

Senior People Moves: January

This month, deputy governor for prudential regulation at the Bank of England and head of the Prudential Regulation Authority (PRA), Andrew Bailey, has been appointed the chief executive of the Financial Conduct Authority (FCA). Here are other big people moves that recently made news

Thomas Miller Investment (Isle of Man) hires new chairman

Thomas Miller Investment (Isle of Man) has named David Thomas as new chairman replacing Ian Jarrett, who will step down from the firm in July 2016.

Deutsche AWM pre-tax income falls 23% in Q4

Deutsche Asset & Wealth Management (Deutsche AWM) has reported fourth quarter income before income taxes of EUR274m, down 23% compared to EUR358m for the same period a year ago.

Legal & General Investment Management bolsters index funds range

UK-based Legal & General Investment Management (LGIM) has rolled out two new index funds namely the Legal & General Global Real Estate Dividend Index Fund as well as the Legal & General Emerging Markets Government Bond (Local Currency) Index Fund.

Thomas Miller hires ex-Brown Shipley private banking head as new CEO

Thomas Miller Investment (TMI), a UK-based asset manager, has appointed former Brown Shipley head of private banking Hugh Titcomb as its new CEO.

Northstar Financial to start operations in Middle East and Africa

Northstar Financial Services (Bermuda) is planning to start its operation in Middle East and Africa by opening a new office in the DIFC.

Brooks Macdonald’s discretionary FuM grow 5.5%

British wealth manager Brooks Macdonald Group said that its discretionary funds under management (FuM) for the half year ended 31 December 2015 increased 5.52% compared to the same period a year ago.

Tilney unveils passive multi-asset range for advisors

Tilney for Intermediaries, a UK-based adviser outsourcing division of Tilney Bestinvest, has introduced a range of five risk-rated, multi-asset funds for advisors.

Banque Heritage buys majority stake in Meridian Wealth Management

Swiss private banking group Banque Heritage has acquired a majority stake in asset manager Meridian Wealth Management.