All articles by Verdict Staff
Verdict Staff
Morgan Creek sets up new private wealth advisory team
Morgan Creek Capital Management, a US-based investment manager, has launched a new private wealth advisory team, which will be headed by Michael Forstl.
St. James’s Place unveils new income funds for pension investors
British wealth manager St. James’s Place (SJP) has launched new bond and income funds aimed at the retirement market.
HSBC Q3 pre-tax profit surges 32%
British banking giant HSBC has posted pre-tax profit of $6.09bn for the third quarter of 2015, a surge of 32% compared with $4.61bn in the parallel quarter of 2014.
Nomura’s asset management arm reports 15% dip in Q2 revenues
Nomura’s asset management business has reported net revenues of JPY22.9bn for the second quarter of fiscal year ending 31 March 2016, down 15% compared the year ago quarter.
Fimax AMS rolls out new software for asset managers and family offices
Swiss-based Fimax AMS has rolled out new software, called Assetmax, for independent asset managers and family offices.
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ANZ records marginal rise in annual cash profit; wealth unit profit up 11%
Australia and New Zealand Banking Group (ANZ) has reported a cash profit of A$7.21bn for the year ended 30 September 2015, a rise of 1% compared to compared to A$7.11bn a year ago.
Banco Santander nine-month attributable profit rises 17%
Spanish lender Banco Santander has reported ordinary attributable profit of EUR5.12bn in the nine months to 30 September 2015, a 17% increase compared to EUR4.36bn a year ago.
Schroders unveils onshore version of global recovery fund
Schroders has unveiled an onshore version of Schroder ISF Global Recovery fund, following increasing demand from UK clients.
SEI extends leadership development programme to UK
SEI has launched its associates programme to the UK Private Banking business, the SEI business unit behind the SEI Wealth Platform.
Four more Swiss banks reach tax evasion deal with US DoJ
Swiss banks Luzerner Kantonalbank, Habib Bank Zurich (HBZ), Banque Heritage and Hyposwiss Private Bank Genève (Hyposwiss Geneva) have reached resolutions with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.