All articles by Verdict Staff

Verdict Staff

M&G Investments selects SimCorp for investment book of record

M&G Investments has selected SimCorp’s Investment Book of Record (IBOR) to provide real-time position information across all asset classes.

Sun Life Financial to acquire investment manager Prime Advisors

Canadian insurer Sun Life Financial has agreed to acquire American investment manager Prime Advisors, as part of strategy to strengthen its bolsters its asset management business.

CCB, Euroclear Bank partner to develop offshore RMB financial products

China Construction Bank (CCB) has entered into a memorandum of understanding (MoU) with Euroclear Bank to cooperate in the development of offshore RMB financial products, financial infrastructure, and client resources.

Nippon Wealth impalements Temenos’ core banking solution T24

Nippon Wealth, a restricted licence bank, has deployed Temenos’ core banking solution, T24, to better serve its affluent customer base across Japan and Asia.

Findex acquires Melbourne-based wealth advisory firms

Findex Group has acquired Melbourne-based private client accounting and wealth advisory firms Martin Goodrich and Associates (MGA) and Goodrich Financial Services.

HawsGoodwin Financial launches new business line to tap young clients

HawsGoodwin Financial, a wealth management and advisory firm based in Cool Springs, Tennessee, has launched a new business unit called, Prosper, to tap into Middle Tennessee’s growing population of millennial workers.

Schroders names new global research head for multi-asset business

Schroders has appointed Ashley Lester as new global head of research within its multi-asset investments and portfolio solutions business.

PIMCO collaborates with Research Affiliates to launch four new RAE equity funds

Investment management firm PIMCO in collaboration with Research Affiliates has unveiled four Research Affiliates Equity (RAE) Fundamental equity funds, which will be available for investors in several European countries.

Merrill Lynch lures $750m advisory team from Barclays

Merrill Lynch has lured a team of three more financial advisers from Barclays’ US wealth and investment management unit, which managed about $750m in assets.

JPMorgan appoints new head of defined contribution for global strategic relationships

JPMorgan Asset Management has expanded its US funds team by appointing Don MacQuattie as new head of defined contribution for global strategic relationships (GSR).