All articles by Verdict Staff
Verdict Staff
Evercore names new managing director for private capital advisory unit
Evercore has hired Lea Lazaric Calvert as the new managing director for its private capital advisory business.
RBC wealth unit Q2 income down 3%
The wealth management business of Royal Bank of Canada (RBC) has registered a net income of C$271m for the second quarter of 2015, a drop of 3% or C$7m compared to a year ago.
Australian investor opens family office to welcome outsider money
A Melbourne-based investor and entrepreneur Peter Scanlon has opened up his family office to welcome investments from outside wealthy families.
BNY Mellon introduces US multi-asset fund for European investors
BNY Mellon Investment Management has rolled out a Ucits-compliant Dynamic Total Return fund, aimed at European investors.
BlackRock appoints head of Australian fundamental equities team
Fund manager BlackRock has appointed two senior investment professionals, Charlie Lanchester and Madeleine Beaumont, in its newly created Australian fundamental equities team.
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USA ranks first in the world for competitiveness in annual IMD study
The USA remains as the worlds top most competitive economy as a result of its strong business efficiency and financial sector, its innovation drive and the effectiveness of its infrastructure, according to an annual report by the IMD.
European Wealth to close proposed IFA acquisition
Financial planner wealth manager European Wealth is set to acquire London-based independent financial advisor Greensnow Limited, which trades under the name ISM Solutions, in a deal valued at £3m.
Bordier UK names new business development manager
Asset management firm Bordier UK has hired Paola Forsberg as its new business development manager.
CIMB debuts global SMA for Malaysia’s HNWIs
CIMB Private Banking, the wealth management unit for high-net worth individuals of CIMB Group, has appointed UOB Asset Management Malaysia to launch the first global separately managed accounts (SMA) to high-net worth individuals in Malaysia.
ETFs surpasses mutual funds as preferred investment vehicle by financial advisors: survey
As an investment vehicle that advisors use and recommend, exchange-traded funds (ETFs) now surpass mutual funds in popularity, according to a survey by the Journal of Financial Planning and the FPA Research and Practice Institute, a program of the Financial Planning Association (FPA).