All articles by Verdict Staff
Verdict Staff
Rathbone Brothers to buy remaining 80.1% stake in Vision
Rathbone Brothers has signed a deal to acquire the remaining 80.1% stake in Vision Independent Financial Planning and Castle Investment Solutions (Vision Group).
Northern Trust introduces new FX platform for investment managers
Northern Trust has launched a new foreign exchange product for investment managers called, CompleteFX.
Vontobel Asset Management enters into Swiss retirement market
Vontobel Asset Management has forayed into Swiss private pension provision business by launching two actively managed retirement solutions under the Vontobel brand.
SEC, FINRA fine UBS $34m over sales of risky Puerto Rican mutual funds
US regulators have fined Swiss banking giant UBS nearly $34m for selling risky Puerto Rico bond funds, which plunged in value in recent years, to conservative clients.
Old Mutual Global Investors forms new multi-asset division
Old Mutual Global Investors (OMGI) has created a new multi-asset division which will include personnel from Quilter Cheviot, which was acquired by OMGI parent company Old Mutual Wealth in October 2014.
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Franklin Templeton unveils new multi-manager fund
Franklin Templeton Investments has launched a new multi-manager fund that will invest in a variety of credit strategies sub-advised by institutional-quality hedge fund managers.
Mizuho Financial to buy 16% stake in Matthews International
Japan’s Mizuho Financial has agreed to acquire nearly 16% stake in Matthews International Capital Management, a US asset management company with a focus on Asia.
AXA Wealth launches new online planning toolkit for advisers
AXA Wealth has launched a new online toolkit to enable advisers offer their clients a clearer view of their financial well-being.
Butterfield appoints new head of wealth management in Guernsey
Butterfield Bank (Guernsey) has appointed Richard Saunders as interim managing director and head of wealth management for Guernsey, effective 1 October 2015.
Irish asset manager Mediolanum selects Options as managed application provider
Ireland-based Mediolanum Asset Management has selected private financial cloud provider Options as its new managed application and hosting provider.