All articles by Verdict Staff
Verdict Staff
GSAM unveils new global absolute return fund
Goldman Sachs Asset Management (GSAM) has rolled out a new global absolute return fund aimed to provide returns that are less dependent on the direction of traditional markets.
Ashmore co-founder unveils new emerging market investment manager
Ashmore Group co-founder Jerome Booth has launched a specialist emerging market investment manager.
Aberdeen Asset Management to buy Parmenion Capital Partners
Aberdeen Asset Management has agreed to purchase Parmenion Capital Partners, a provider of risk graded portfolios to UK financial advisors, and its sister company, Self Directed Holdings, in a move to strengthen its financial technology offering.
GAM Holding names new group chief economist
Swiss asset manager GAM Holding has hired Larry Hatheway as new group chief economist.
Muscat Capital selects Northern Trust as global custodian
Muscat Capital, the Saudi Arabia-based investment banking arm of Bank Muscat, has selected Northern Trust to provide global custody and fund valuation and accounting services for its Saudi equity fund called the Muscat Capital IPO fund.
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Canaccord Genuity Wealth Management unveils global equity portfolio service
Canaccord Genuity Wealth Management has introduced a new high conviction GPS Global Equity Portfolio Service in the UK, Guernsey, Jersey, and the Isle of Man.
Glenmede appoints director for family wealth practice
Glenmede, a US-based wealth management firm, has named Brian Green as director of its family wealth practice.
Delen Private Bank selects ICTroom to build data centre in Antwerp
Belgium-based Delen Private Bank has chosen ICTroom, a Netherlands-based provider of data centre solutions, to design and construct its new Tier III corporate data centre in Antwerp, Belgium.
First National Bank to buy Fifth Third Banks branches in Pittsburgh
First National Bank of Pennsylvania, a subsidiary of Pittsburgh-based FNB, has agreed to acquire 17 branches of Cincinnati, Ohio-based Fifth Third Bank in the Pittsburgh region.
Schroder Bank reaches deal with US to settle tax evasion probe
Swiss-based Schroder & Co. Bank has reached resolution with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.