All articles by Verdict Staff
Verdict Staff
Cim Fund Services goes live with eFronts FrontInvest solution
Cim Fund Services, a fund administrator in Mauritius, has gone live with the implementation of eFronts flagship FrontInvest solution.
European Wealth Management Group’s FuM rises 59% in 2014
European Wealth Management Group has seen a 59% surge in its funds under management (FuM) to £1.03bn for the year 2014 from £629m a year ago.
SFC and CSRC sign agreement on mainland-Hong Kong mutual recognition of funds
The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) have signed a memorandum of regulatory cooperation on mainland-Hong Kong mutual recognition of funds, which will allow eligible Mainland and Hong Kong funds to be distributed in each others market through a streamlined vetting process.
UBP alternative investments head to exit amid plan to absorb unit
Geneva-based lender Union Bancaire Privee’s (UBP) alternative investments head Arie Assayag is set to depart from the bank.
Barclays names new offshore funds head
Barclays has appointed Steve Rickards as head of offshore funds, after 30 years with Barclays in corporate banking and international finance centres.
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Ariel Investments chooses Australia to make offshore foray
Ariel Investments, a US-based funds management firm, has made its offshore foray by opening its first offshore office in Sydney.
Close Brothers sees 9% rise in AuM
Close Brothers’ assets under management (AuM) saw a rise of 9% for the year to date to 30 April 2015, as its asset management arm benefited from solid net inflows and positive market movements.
Bordier (UK) hires new client relationship manager for international desk
Bordier (UK), part of the Swiss private banking group Bordier & Cie, has hired Trevor Turner as the new client relationship manager for its international desk.
Affluent Canadians’ average home price tops $1.5m: BMO Private Banking
Wealthy Canadians’ primary residences are worth, on average, $1.5 million, according to a BMO Private Banking study, which examines real estate and high-net worth Canadians (those with investible assets of $1 million or more).
BNY Mellon Wealth Management appoints new CEO
BNY Mellon Wealth Management has appointed Donald Heberle as its new CEO, replacing Lawrence Hughes.