All articles by Verdict Staff
Verdict Staff
Washington Trust names new senior vice president for wealth management
Washington Trust Wealth Management has named Kathleen Ryan as new senior vice president for wealth management client services, trust and estate services, effective from December 2015.
Manulife Q3 income down 43%; wealth and asset management arm sees positive net flows
Manulife Financial Corporation has posted a net income attributed to shareholders of C$622m for the third quarter of 2015, down 43% compared with C$1.1bn for the corresponding period in 2014.
Nippon Capital Asset Management to double headcount
Nippon Capital Asset Management has announced plans to hire additional personnel to cope with a surge in institutional and private client numbers.
Prudential Investment Management to be renamed as PGIM
Prudential Investment Management, the $947bn investment management arm of Prudential Financial, has unveiled plans to change its name to PGIM on 4 January 2016 in a move to expand its businesses across the world.
Broadridge Financial buys QED Financial Systems
Broadridge Financial Solutions has purchased QED Financial Systems, a privately-held investment accounting solutions provider.
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Northern Trust names new Asia-Pacific hedge fund services head
Northern Trust has hired Ali Sheikh as new head of hedge fund services for Asia-Pacific.
Envestnet, CAIS offer advisors access to hedge funds and private equity funds
Envestnet | PMC, the portfolio management consultants group of Envestnet, has joined forces with CAIS to offer independent advisors access to third-party hedge funds and private equity funds.
BNY Mellon opens EMEA Innovation Centre in London
American financial services firm BNY Mellon has established a new EMEA Innovation Centre based in London.
UniCredit, Santander to merge asset management units
Italian bank UniCredit and Spanish banking giant Santander have entered into a binding agreement to combine their asset management units, Pioneer Global Asset Management and Santander Asset Management.
Liontrusts pre-tax profit up 16%
Liontrust Asset Management has recorded an adjusted pre-tax profit of £5.9m for the six months ended 30 September 2015, an increase of 16% compared to £5.1m in the same period last year.