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.