All articles by Verdict Staff

Verdict Staff

Amundi rolls out Europe’s first USD floating rate ETF

Amundi has rolled out Europe’s first ETF to track floating rate notes denominated in USD, with an aim to help investors protect their portfolios from interest rate changes.

EU inks tax transparency deal with Switzerland

The European Union (EU) has signed an agreement with Switzerland for the automatic exchange of banking information, in a bid to phase out Swiss bank secrecy for EU residents.

AZ Next Generation Advisory buys financial planner Pride Advice

Azimut has entered into an agreement to acquire the entire capital of Pride Advice (Pride) via its Australian subsidiary, AZ Next Generation Advisory (AZ NGA).

responsAbility Investments selects eFront’s FrontPM solution

eFront, a software provider of financial solutions for managing alternative investments, has said that responsAbility Investments, a provider in development investments, has chosen eFront’s FrontPM portfolio monitoring solution.

RMB Capital expands wealth management business to Washington, DC

RMB Capital has expanded its wealth management business by opening a new office in Washington, DC.

Lyxor names new head of Asia ex-Japan

Lyxor Asset Management, a fully-owned asset manager of Societe Generale Group, has named Andrew Au as its new managing director and head of Asia ex-Japan.

Barclays Wealth and Investment names new UK distribution head

Barclays Wealth and Investment has named Eric Pinn as the head of UK distribution in the global investments and solutions (GI&S) team.

Brewin Dolphin’s FuM rises 15.4% in H1

British wealth manager Brewin Dolphin has reported that its total discretionary funds under management (FuM) increased to £26.2bn for the half year ended 31 March 2015, a 15.4% rise from £22.7bn a year earlier.

Jersey’s finance industry sees steady performance in Q1 2015: JFSC

Banking deposits have reached their highest level since last summer and while there was a small fall in the value of funds, this has followed a period of consistent growth each quarter, so overall the economic picture is very stable, according to data from the Jersey Financial Services Commission (JFSC) for the first quarter ended 31 March 2015.

Acadian buys Colonial First State’s 50% stake in its Australian arm

Fund manager Acadian Asset Management has acquired Colonial First State’s (CFS) 50% stake in Acadian’s Australian unit.