All articles by Verdict Staff
Verdict Staff
Brooks Macdonald partners Glacier to expand discretionary services in South Africa
Brooks Macdonald International (BMI) has partnered with Glacier International, a specialist division within Glacier by Sanlam, to offer discretionary investment management services to offshore investors in South Africa.
AZ Next Generation Advisory buys financial planner Harvest Wealth
AZ Next Generation Advisory (AZ NGA), the Australian unit of Azimut, has agreed to acquire 51% of the capital of Harvest Wealth (HW) for A$2.6m ($1.89m).
JSC Galt & Taggart outsources trading technology to Saxo Bank
Saxo Bank, the multi-asset trading and investment specialist, has signed white label partnership with JSC Galt & Taggart, a wholly owned investment banking subsidiary of Bank of Georgia.
Unigestion expands equities team with new hire
Swiss asset manager Unigestion has expanded its equities team by appointing David Latto as senior vice president and portfolio manager.
Morgan Stanley lures $5bn advisory team from Credit Suisse
Morgan Stanley has lured a team of three private wealth advisors from Credit Suisse that managed more than $5bn in client assets.
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Japan Post Bank to launch private equity investment arm
Japan Post Bank is set to launch a new private equity (PE) investment unit to further expand its asset allocation capabilities.
8AM Global unveils new managed portfolio service
Multi-asset fund house 8AM Global has unveiled a model portfolio service, which will be managed by Richard Philbin and Tom McGrath.
Standard Chartered hires new CEO for Islamic banking business
Standard Chartered has hired Rehan Shaikh as new chief executive of its global Islamic banking business, Standard Chartered Saadiq, replacing Sohail Akbar.
Swiss private bank IHAG reaches tax evasion deal with US
Swiss-based Privatbank IHAG Zurich has reached resolution with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.
UK Power Networks Pension Scheme appoints SEI as fiduciary manager
The trustee of UK Power Networks Pension Scheme has appointed SEI as fiduciary manager following a competitive process, involving nine providers.