All articles by Verdict Staff
Verdict Staff
EFG International to set up onshore business in Chile
Swiss private bank EFG International is planning to set up an onshore business in Chile, which will operate as a local brokerage firm.
Prydis opens office in London
Prydis, a wealth management and accountancy group, has opened a new office in London as well as appointed six new staff including an investment manager and a trainee investment manager.
AFH Financial buys Davisons Financial Management
AFH Financial, a UK-based financial planning led wealth management firm, has acquired Devon-based advice firm Davisons Financial Management (DFM) for £2.9m.
FolioMetrix completes merger with American Independence to form RiskX Investments
FolioMetrix has completed its merger with American Independence Financial Services (AIF) to create a new company, called RiskX Investments.
Maybank AM selects Standard Chartered as trustee for Shariah-compliant ASEAN passport fund
Malaysia’s Maybank Asset Management (Maybank AM) has selected Standard Chartered Bank Malaysia as its trustee for the recently launched Maybank Bosera Greater China Asean Equity-I Fund.
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Aberdeen to buy hedge fund specialist Arden Asset Management
Aberdeen Asset Management has agreed to acquire Arden Asset Management, a US-based hedge fund specialist, to bolster its alternatives footprint in the US.
Former UBS wealth manager to start new boutique for entrepreneurs-report
UBS wealth manager Paul Tanner, who managed nearly, has quit the Swiss group with colleagues to set start his own boutique, which will manage fiancés mostly for entrepreneurs, Bloomberg has reported.
Another Swiss private bank reaches deal with US to settle tax evasion case
Switzerland-based Bank EKI Genossenschaft has reached resolution with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.
Ascot Lloyd Financial merges with PFP Group
UK-based Ascot Lloyd Financial Services has merged with wealth manager PFP Group to form a nationwide wealth management firm.
Schroders bolsters multi-asset team with two new hires
Schroders has bolstered its multi-asset investment and portfolio solutions (MAPS) team by hiring Chris Hsia as product manager and Mei Huang as quantitative analyst.