All articles by Verdict Staff
Verdict Staff
Davy Private Clients UK to buy wealth manager Graham Corry Cheevers
Davy Private Clients UK, a wealth manager based in Northern Ireland, has agreed to acquire Belfast-based wealth manager Graham Corry Cheevers.
RLAM net inflows plummet 88% in Q1
Royal London Asset Management (RLAM) has reported net new external business inflows of £111m in the first quarter of 2015, a fall of 88% compared to £902m in the prior year quarter.
RBC Global Asset Management adds three new funds to its SICAV range
RBC Global Asset Management has added of the RBC Funds (Lux) – Emerging Markets Value Equity Fund, RBC Funds (Lux) – Emerging Markets Small Cap Equity Fund and RBC Funds (Lux) – European Equity Focus Fund to its Luxembourg-domiciled SICAV range, RBC Funds (Lux).
US set to scrap non-prosecution accord with UBS
The US Justice Department is considering scrapping its agreement to not prosecute UBS for allegedly manipulating benchmark interest rates, Bloomberg has reported.
RBC poaches JPMorgan executive for client coverage in London
RBC Investor & Treasury Services has recruited Francis Jackson to manage client coverage for asset managers, pensions and sovereign wealth in London.
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Former Barclays executives to form new advisory firm in Asia
Barclays’ four former Asia-based investment bankers are set to launch a new cross-border advisory firm, Reuters reported citing undisclosed sources.
Just Retirement hires State Street to mange multi-asset funds
Retirement income specialist Just Retirement has selected State Street Global Advisors (SSGA) to manage range of risk graded multi-asset funds for its Flexible Pension Plan customers.
Swedish fund manager launches new sustainable frontier fund
Tundra Fonder, an independent Swedish fund manager, has launched a frontier markets fund that focuses on sustainable investment.
Columbia Pacific Wealth Management buys Kibble & Prentice Private Investment Advisory Group
Columbia Pacific Wealth Management (CPWM) has acquired Kibble & Prentice Private Investment Advisory Group, both of which are comprehensive wealth management platforms based in Seattle.
Fed bars five ex-Credit Suisse private bankers from banking sector for aiding tax evasion
The US Federal Reserve has barred five former private bankers and senior managers of Credit Suisse employees from the banking sector over their role in tax evasion.