All articles by Verdict Staff
Verdict Staff
Northern Trust names new country head for Nordics
Northern Trust has appointed Bo Thulin as new country head for its Nordic business.
ABN Amro’s private banking arm sees 43% fall in Q3 underlying profit
State-owned Dutch lender ABN Amro’s private banking arm has posted an underlying profit of EUR28m for the third quarter of 2015, a 43% dip compared to EUR50m a year ago.
Maybank AM teams up with Hastings to tap into ASEAN infrastructure sector
Malaysias Maybank Asset Management (Maybank AM) has partnered with Hastings Management, infrastructure fund manager in Australia, to offer Shariah-compliant infrastructure investment opportunities for investors in the Asian region.
UAE inks tax information exchange agreement with Sweden
The UAE and Sweden have signed an agreement on the exchange of information for tax purposes in Stockholm.
Investcorp buys SSARIS Advisors hedge fund of funds arm
Investcorp, a Bahrain-based provider and manager of alternative investment products, has acquired the hedge fund of funds business of SSARIS Advisors, an investment manager of absolute return hedge fund strategies and hedge fund of funds strategies.
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Financial Engines to buy The Mutual Fund Store for $560m
Financial Engines, a US-based investment advisory firm, has agreed to acquire The Mutual Fund Store from private-equity firm Warburg Pincus and management for about $560m in cash and stock.
RBC Wealth hires new chief of staff for fiduciary services unit
RBC Wealth Management International has hired Daniel Bisson as new chief of staff for its fiduciary services division.
GenSpring Family Offices names new MD for Florida East region
GenSpring Family Offices, a wealth management firm for UHNW families, has hired Carlos Carreno as managing director for its Florida East region.
UBS Asset Management sets up subsidiary in Shanghai
UBS Asset Management has set up a wholly-owned foreign enterprise (WFOE) in the Shanghai Free Trade Zone.
La Française inks fund distribution deal with Gonet&Cie in Switzerland
French asset manager La Française has partnered with Swiss private bank Gonet&Cie for fund distribution in Switzerland.