All articles by Verdict Staff
Verdict Staff
Mediobanca to buy majority stake in credit asset manager Cairn Capital
Italian investment bank Mediobanca has agreed to acquire a majority stake in Cairn Capital Group, a London-based credit asset management and advisory firm.
Credit Suisse names new head of EMEA and Swiss asset management distribution
Swiss wealth manager Credit Suisse has named Harald Reczek as head of EMEA and Swiss distribution for its asset management business.
EQ Investors rolls out new investment service for HNWIs
EQ Investors, a UK-based wealth manager led by Bestinvest founder John Spiers, has rolled out a new investment service for high-net-worth individuals (HNWIs), companies and charities with over £750,000 to invest.
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.
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.
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JPMorgan Asset Management names new Asia Pacific CEO
JPMorgan Asset Management has named Michael Falcon as new CEO of Asia Pacific, global investment management.
UCA Funds Management selects Northern Trust for custody services
UCA Funds Management has selected Northern Trust to provide global custody services for its range of Australian fund products.
Standard Life Investments pre-tax operating profit up 6% in H1
Standard Life Investments has posted an operating profit before tax of £290m for the first half of 2015, an increase of 6% compared to £274m a year ago.
Investec Wealth & Investment expands research team
Investec Wealth & Investment has appointed four new members to its research team to broaden its coverage to include an additional range of sophisticated collective and fixed income instruments.
Credit Agricole private banking sees 6.9% rise in H1 AuM
Credit Agricole’s private banking business assets under management (AuM) stood at EUR151.2bn at end of June 2015, up 6.9% from end of December 2014.