All articles by Verdict Staff
Verdict Staff
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 eFronts 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 eFronts 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.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
Jerseys 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 States 50% stake in its Australian arm
Fund manager Acadian Asset Management has acquired Colonial First States (CFS) 50% stake in Acadians Australian unit.
Aberdeen to buy FLAG Capital, expands alternatives footprint in US
Aberdeen Asset Management has agreed to acquire FLAG Capital Management (FLAG), a private equity manager with US and Asia-focused investment capability.
92% of hedge fund industry capital concentrated among top 11% of fund managers: Preqin
The hedge fund industry has now reached $3.16tn in assets as of the end of Q1 2015, but a growing proportion of these assets are concentrated among a small pool of large managers, according to a report by Preqin.