All articles by Verdict Staff

Verdict Staff

Manulife AM names new head of affiliate wealth for Asia

Manulife Asset Management (Manulife AM) has named Shirley Lam as new Asia head of wealth, affiliate wealth, and asset management.

AXA Group selects AXA Wealth as European multi-manager investment centre

French investment banking firm AXA Group has selected AXA Wealth as its European multi-manager investment centre.

Mirabaud registers 12% rise in H1 net income

Mirabaud, a Swiss wealth and asset management group, has posted consolidated net income of CHF19.6m for the first half of 2015, up 12% compared to CHF17.5m in the year ago period.

Nomura names financial products & solutions head for Asia wealth management

Nomura has named Lee Chee Pin as head of financial products & solutions for wealth management, Asia ex- Japan.

Colonial First State grants $55m small-cap mandate to 8IP

Australia-based wealth manager Colonial First State has awarded a $55m mandate to investment manager Eight Investment Partners (8IP) to manage its Australian small-cap portfolio.

RLAM head of wholesale to step down

Royal London Asset Management (RLAM) head of wholesale Ian Goulsbra is set to leave the firm to join Canada Life Investments on 1 September 2015.

Pictet H1 profit up 11%

Swiss private bank Pictet has posted a consolidated net profit of CHF226m for the first half of 2015, an increase of 11% compared to CHF202m in the year ago period.

Arabesque Partners names new vice chairman

Arabesque Partners, an Anglo-German asset management firm, has named Georg Kell as new vice chairman, subject to FCA approval.

Aberdeen unveils new $500m liquid alternative strategies fund

Aberdeen Asset Management has unveiled a new Liquid Alternative Strategy fund aimed to offer investors exposure to a portfolio of alternative strategies.

UBS Wealth Management lures $950m advisory team from Morgan Stanley

UBS Wealth Management Americas has lured a team of four financial advisers from Morgan Stanley that who managed $950m in client assets.