All articles by Verdict Staff
Verdict Staff
Julius Baer transfers Merrill Lynch’s IWM business in India
Swiss private banking group Julius Baer has completed the asset transfer of Merrill Lynch’s International Wealth Management business (IWM) in India.
JLT EB to buy corporate arm of Close Brothers Asset Management
JLT Employee Benefits (JLT EB), a UK-based pension and benefit consultancy, has agreed to purchase the corporate business of Close Brothers Asset Management (CBAM) for an undisclosed sum.
LGIM introduces new range of defined contribution offerings
Legal & General Investment Management (LGIM) has unveiled its new range of defined contribution (DC) offerings, called L&G Pathway Fund Range.
MSCI to buy data aggregator Insignis
MSCI, a research-based indexes and analytics provider, has agreed to purchase Insignis, a data collection and aggregation service for the financial industry.
BNPP IP bolsters institutional business line with new hires
BNP Paribas Investment Partners (BNPP IP) has bolstered its institutional business line by hiring Guy Williams as new chief investment officer to boost investment expertise, research and thought leadership capabilities.
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Fairstone launches new online training academy for financial advisors
Fairstone Financial, a UK-based financial management firm, has launched new online training academy to support advisors who want to achieve individual chartered status.
Tilney Bestinvest extends contract with SEI Wealth Platform
Tilney Bestinvest, a UK-based investment and financial planning firm, has extended its contract with SEI Wealth Platform, which began in May of 2011.
Empaxis Data Management forays into European market
Empaxis Data Management, a provider of middle and back-office outsourcing for investment management firms, has expanded into the European market by opening an office in London and launching Empaxis Europe Limited.
Fidelity Investments unveils new multi-asset income fund
Fidelity Investments has unveiled a new multi-asset income fund aimed to meet the increasing demand among American investors for income.
Brooks Macdonalds annual discretionary FuM up 13%
British wealth manager Brooks Macdonald Group said that its discretionary funds under management (FuM) for the year ended 30 June 2015 increased 13% to £7.41bn from £6.55bn a year ago.