All articles by Verdict Staff

Verdict Staff

Global gold demand plummets in Q2

Global gold demand fell by 12% during the second quarter of 2015 primarily due to a decline in demand from consumers in India and China, the World Gold Council said.

Sanlam Private Wealth unveils retirement income service

Sanlam Private Wealth, the wealth management arm of South African insurer Sanlam Group in the UK, has launched a retirement income service, which allows a portfolio to be unbundled between as many tax wrappers as needed.

Markit unveils new RFA service for asset managers

Markit, a provider of financial information services, has unveiled a new request for amendment (RFA) service for asset managers.

Thomas Miller partners SuMi Trust, Tregunter to launch UCITS funds

Thomas Miller Investment has partnered with SuMI TRUST Global Asset Services and Ireland based Tregunter Management to launch three new UCITS compliant funds on the GlobalReach New Vision Strategies Fund.

AXA Wealth adds AllianceBernstein’s funds to its wrap platform

UK-based AXA Wealth has added 11 AllianceBernstein funds to its wrap platform following the pension reforms of 2015.

SEB deploys Axioma’s risk management platform

Skandinaviska Enskilda Banken (SEB) has implemented Axioma’s multi-asset class risk-management platform Axioma Risk.

City Financial to buy multi-asset range from Investec Wealth & Investment

City Financial has agreed to acquire the Assetmaster fund range from Investec Wealth & Investment, adding 10 funds with total assets of £204m.

Macquarie executives launch new wealth advisory firm

A team of four senior executives have quit Macquarie Private Wealth (MPW) to start their own boutique wealth advisory firm, which backed by Bennelong Wealth Partners (BWP).

Switzerland signs tax information sharing accord with Belize

Switzerland and Belize have signed an agreement for automatic exchange of tax information in London on 10 August 2015.

Manulife AM hires Fidelity’s Asia head of retail

Manulife has reportedly hired Bruno Lee as Asia head of partnership, product and platform development for wealth and asset management team.