All articles by Verdict Staff

Verdict Staff

New Investment Opportunities: Impact Investments

Impact Investments have emerged as a new investment option among millionaires and multimillionaires worldwide. Despite its development in 2007, JP Morgan and Global Impact Investing Network estimated the market size of impact investments to be worth approximately $46bn in 2014. However, different investment types make the asset complex and difficult to value, writes Roselyn Lekdee, economist, WealthInsight

SGSS launches global fund distribution hub in Luxembourg

Societe Generale Securities Services (SGSS) has launched its global fund distribution hub in Luxembourg in order to support asset management firms seeking to distribute UCITS and alternative investment funds internationally.

Capital Group looking to build retail investment business in Asia

American asset manger Capital Group is looking to build a retirement-focused retail investments business in Asia, the company’s chairman told AsianInvestor.

VAM Funds inks partnership agreement with Close Brothers Asset Management

VAM Funds, a Luxembourg-domiciled fund manager, has partnered with UK-based Close Brothers Asset Management (CBAM) to meet international advisers’ rising demand for discretionary fund management services.

Hargreaves snaps up $582m client book from JP Morgan

British stockbroking giant Hargreaves Lansdown has signed a deal to buy a client book of 7,000 investors with a combined £370m ($582m) of assets from JP Morgan Asset Management.

Natixis names new chief economist for Asia Pacific

French asset manager Natixis has appointed BBVA Research’s Alicia Garcia Herrero as chief economist for Asia Pacific.

John Hancock Investments forays into UCITS business

American asset manager John Hancock Investments has launched John Hancock Worldwide Investors, a Dublin-domiciled UCITS platform.

Bank of the West names new lead for UHNW business

Bank of the West Wealth Management Group has selected Steve Prostano to head its ultra high net worth (UHNW) business.

Knights of Columbus’ investment arm taps SEI for turnkey operating platform

Knights of Columbus Asset Advisors, the investment arm of Knights of Columbus, has selected SEI’s Advisors’ Inner Circle Fund (AIC) III as a turnkey operating platform for a new family of six mutual funds designed for Catholic institutional investors.

Julius Baer names former FSA chief as new chairman of its UK business

Julius Baer has appointed former head of the Financial Services Authority (FSA) Sir Hector Sants as new chairman of its UK business.