All articles by Verdict Staff
Verdict Staff
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.
Sun Global, Zyfin Funds to launch first UK-listed Indian bond ETF
British wealth management firm Sun Global Investments has partnered with Zyfin Funds to launch the first Indian fixed income ETF for UK investors.
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.
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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.
BMO Global Asset Management rolls out first ETFs in Europe
BMO Global Asset Management, a part of BMO Financial Group, has rolled out its first Exchange Traded Funds (ETFs) in Europe in a bid to meet the evolving needs of investors.
JTC names new head for its British Virgin Islands (BVI) office
JTC, a provider of fund, corporate and private client services, has hired Michelle Le Herissier as new head for its British Virgin Islands (BVI) office to expand its range of private client and corporate administration services.