All articles by Verdict Staff
Verdict Staff
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.
Ex-Merrill Lynch executives set up new investment advisory firm
Ex-Merrill Lynch executives Bob Andres, Ted Palatucci, and Fred Offenberg have teamed up to set up a new investment advisory firm that specializes in managing US fixed income portfolios for independent financial advisors, family offices and HNW investors.
Ingenious Asset Management expands business development team
UK-based Ingenious Asset Management has hired George Moorey-Denham from UBS as its new business development manager for the South.
UBP net earnings down 3% in H1
Swiss private bank Union Bancaire Privée (UBP) has reported net earnings of CHF79.5m for the first half 2015, a decrease of 3% compared to CHF82m a year ago.
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AFH Financial acquires two IFAs
Consolidator AFH Financial Group has acquired Quest Financial Management and Phoenix Independent Financial Services in a deal worth more than £1m.
Bellpenny buys Croydon-based IFA Trustee Asset Management
British wealth manager Bellpenny has acquired Croydon-based IFA firm Trustee Asset Management (TAM) for an undisclosed sum.
Charles River relocates to new Tokyo office
Charles River, an investment management solution provider, has moved to a new office in Tokyo to support continued growth in the Japanese market and meet growing client demand for Charles River IMS offered as a hosted service.
netwealth launches managed account service in collaboration with GPS Wealth
netwealth, a Australia-based non-institutional platform provider, has partnered with GPS Wealth to launch its first private label managed account.
DBS Group records 15% jump in Q2 profit
Singapore-based lender DBS Group has posted a net profit of SGD1.117bn for the second quarter of 2015, a rise of 15% from SGD969m a year ago.