All articles by Verdict Staff
Verdict Staff
Prescott Securities forays into family office market
Prescott Securities, an Australia-based stockbroking and financial advisory firm, is planning to establish a new family office division following increasing demand for a broader range of financial services.
Swiss private bank BBVA Suiza reaches tax evasion deal with US
Swiss private bank BBVA Suiza S.A. has reached resolution with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.
Chinese asset manger GF Fund Management opens office in London
Chinese asset manger GF Fund Management has expanded its presence into Europe by opening an office in London.
Boston Private hires new vice presidents of private banking and specialty lending team
Boston Private, a provider of wealth management, trust and private banking services, has hired Adam Bakhash and Iram Parvez as new vice presidents of private banking and specialty lending team for its Beverly Hills office.
Nuveen Investments, TIAA-CREF launch three new UCITS funds
US-based asset manger Nuveen Investments and TIAA-CREF Asset Management (TCAM) have launched three UCITS funds to non US investors.
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LGIM unveils new range of multi-asset income funds
Legal & General Investment Management (LGIM) has bolstered its multi-index income range by launching three risk-targeted multi-asset funds.
Quilter Cheviot names new investment fund research head
British wealth manager Quilter Cheviot has appointed Nick Wood as its new head of investment fund research.
Ashmore AuM drops to $51.1bn in Q1
British fund manager Ashmore Group has said that its assets under management (AuM) declined 13% to $51.1bn at the end of September 2015 from $58.9bn in the previous quarter.
Citigroup Q1 profit surges 51%; private bank revenues up 8%
American banking giant Citigroup has reported net income of $4.3bn for the third quarter 2015, an increase of 51% compared to $2.84bn a year ago.
Investment managers less confident in US outlook: Northern Trust survey
Investment managers are less optimistic on the prospects for US economic growth in the near term and more concerned about the potential impact of an emerging markets slowdown on stock prices, according to a survey by Northern Trust Asset Management.