All articles by Verdict Staff
Verdict Staff
Man Group FuM up 7% in Q1
Man Group, a UK-based specialist alternatives investment manager, has reported that its funds under management (FuM) reached to $78.1bn in the first three months of 2015, an increase of 7% compared to $72.9bn a year earlier.
Pengana ties up with Lizard Investors to run small caps fund
Pengana Capital, a funds management group specialising in listed equities, has reportedly launched a joint venture with global small caps specialist Lizard Investors to run the Pengana Global Small Companies Fund.
Crest Capital to buy stake in wealth startup Credence
Indian investor Vikram Kotaks company Crest Capital is planning to buy 25% stake in Bangalore-based family office Credence Capital, reported The Times of India.
AXA Wealths FUM up 13% in Q1
AXA Wealths funds under management (FUM) increased 13% to £29.1bn in the first quarter of 2015 from £25.7bn a year earlier.
Lawson Conner launches offshore investment management platform for Cayman Islands
Lawson Conner, a provider of investment management and compliance solutions to the alternative investment fund industry, has rolled out an AIFM integrated offshore investment management platform.
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Natixis private banking arms AuM up 15% in Q1
The private banking unit of French bank Natixis assets under management (AuM) of EUR26.7bn in the first quarter of 2015, up 15% compared to the corresponding quarter of 2014.
British asset manager forays into Switzerland
British asset management company Old Mutual Global Investors has launched an opened an office in Zurich, Switzerland as part of its strategy to build up its presence in Europe.
Vanguard introduces new personal advisor services
Vanguard has rolled out a new hybrid personal advice service for individual investors with assets of $50,000 or more available for a managed portfolio.
Portfolio management and international surge as top concerns for advisors: Fidelity
Fidelity Financial Advisor Solutions has reported the Q1 2015 results of the Fidelity Advisor Investment Pulse, which revealed a significant increase in financial advisors focus on portfolio management and international investing.
T Rowe Price names new CEO and president
T Rowe Price Group, a US-based asset management firm, has named its head of global equity and global research William Stromberg as its new CEO and president, effective 2016.