All articles by Verdict Staff
Verdict Staff
JPMorgan to merge UK funds following strategic review
JPMorgan Asset Management is planning to merge its underperforming UK Focus fund with its UK Dynamic fund as a part of its strategic review to simplify the firm’s fund range.
EY makes new hire to boost anti-money laundering practice
Audit firm EY has appointed Rick Small as the executive director in its financial services organization, focusing on anti-money laundering and financial crimes at a global level.
Thousands of Swiss asset managers breaching new FINMA rules, MPL says
Managing Partners (MPL), the boutique alternative fund management company, has launched a new service to help the thousands of Swiss asset management firms it believes are now struggling to meet and are already breaching – new rules introduced by regulator FINMA.
Henderson offloads £80m stake real estate fund management JV
Henderson Global Investors has agreed to sell its 40% stake in joint venture (JV) TIAA Henderson Real Estate (TH Real Estate) for £80m to its JV partner TIAA-CREF.
Asian fund managers to remain cautious in face of expected increase in regulations: RBC
The majority of asset managers in Asia currently believe it is better to avoid first mover status when it comes to tackling multiple new regulations and the potential opportunities they represent, according to an RBC-sponsored poll of industry participants at this years FundForum Asia.
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European Islamic Investment Bank transitions into asset management model
European Islamic Investment Bank (EIIB) has transitioned into an asset management business model and unveiled plans to close a proposed GBP20m ($30.5m) tender offer for its own shares in May.
AMP Capital boosts Londons infrastructure equity team
AMP Capital has appointed Damian Stanley as prinicipal of investments for its infrastructure equity team.
Heightened retirement concerns having greater impact on investment plans: Spectrum
Retirement is the primary factor affecting the investment plans of 20 percent of affluent investors in April, up from 13 percent in January, according to a report by Spectrem Group.
London & Capital bolsters legal and compliance team
Wealth manager London & Capital has appointed Thomas Donlon as its new general counsel for its legal and compliance team, in an effort to drive regulatory change and business growth.
Deutsche Bank aims to boost wealth and asset management unit
Deutsche Bank has unveiled plans to boost growth in its asset and wealth management unit as part of a major restructure of its business strategy.