All articles by Verdict Staff

Verdict Staff

Northern Trust names new IRAS head for Asia Pacific

Northern Trust has named Simon Willcox as new head of investment risk and analytical services (IRAS) for the Asia Pacific region, effective 3 August 2015.

Brewin Dolphin records 8% rise in FuM

British wealth manager Brewin Dolphin has reported that its total discretionary funds under management (FuM) increased to £25.6bn for the third quarter ended 30 June 2015, up 8% compared to £23.7bn in the year ago period.

State Bank of India to foray into wealth management business-report

State Bank of India (SBI) is set to foray into wealth management business to tap young professionals between 25 and 35 years, The Economic Times has reported.

Standard Life Investments appoints two multi-asset investment specialists in Asia

Standard Life Investments has appointed Jason Yu and Dongyue Zhang as investment directors within its global investment specialist team in Hong Kong.

Bank of the West names new chief fiduciary officer for wealth arm

Bank of the West, a subsidiary of BNP Paribas, has appointed Doug Sherry as chief fiduciary officer within its Wealth Management Group.

Platinum AM launches Asia-focused LIC portfolio

Australia’s Platinum Asset Management (PAM) has launched Platinum Asia Fund listed investment company (LIC) to invest in Asia, outside of Japan.

St. James’s Place FuM up 16% in H1

British wealth manager St. James’s Place (SJP) said its funds under management (FuM) in the first half of 2015 increased 16% to £55.5bn from £47.6bn in 2014.

EFG International net profit falls 12% in H1

Swiss private bank EFG International has reported an underlying net profit of CHF51m for the first half of 2015, down 12% compared to CHF57.7m a year ago.

RBC GAM rolls out new emerging markets foreign exchange fund

RBC Global Asset Management (RBC GAM) has rolled out a new RBC Emerging Markets Foreign Exchange Fund that provides investors exposure to a portfolio of emerging market currencies.

Rathbone Brothers FuM up 4% in H1

British wealth manager Rathbone Brothers’ funds under management (FuM) stood at £28.3bn at the end of June 2015, up 4% compared to £27.2bn at 31 December 2014.