All articles by Verdict Staff

Verdict Staff

Goldman Sachs names new product development head for ETF unit

Goldman Sachs Group has appointed Tony Kelly as new head of product development for its ETF business.

Gottex Asset Management rolls out new multi-asset growth fund

Hedge fund firm Gottex Asset Management has introduced a new multi-asset UCITS growth fund, with an external seed investment of $50m.

Lyxor ETF partners JP Morgan to launch new risk-oriented ETF suite

Lyxor ETF has struck an alliance with JP Morgan to roll out a new risk factor ETF suite, which aims to offer investors risk diversification solutions and targeted tools to improve a portfolio’s long-term performance.

Charles Stanley posts loss; to sell securities arm

British wealth manager Charles Stanley has posted loss before tax of £6.1m for the year ended 31 March 2015 as against profit of £6.1m a year ago.

Maitland receives FCA approval for Phoenix Fund Services acquisition

Maitland, an advisory, fund administration and fiduciary services firm, has received approval from the Financial Conduct Authority for its 100% acquisition of Phoenix Fund Services, a UK based company offering outsourced fund administration services to investment managers in the UK and offshore.

New British private bank Hampden & Co opens for business

Hampden & Co, the UK’s first new private bank in 30 years, has formally commenced business in Edinburgh and London.

Brooks Macdonald names new marketing head

Brooks Macdonald Group has appointed Ghislaine Perry from Brewin Dolphin as new head of group marketing.

Australia and Germany set to negotiate new double taxation deal

Australia and Germany are set to start talks to update their update their double taxation agreement (DTA), which was first signed between the two countries in 1972.

Natixis restructures emerging markets business

French fund house Natixis Global Asset Management has restructured its emerging markets business by launching a Singapore-based subsidiary, named Emerise.

Mercer, CAIS partner to bring institutional private equity solution to wealth management

Investment consultant Mercer has expanded its strategic relationship with CAIS, an alternative wealth management platform provider, by adding institutional private equity to the CAIS platform.