All articles by Verdict Staff

Verdict Staff

Schroders rolls out catastrophe bond fund

Investment management group Schroders has unveiled a new flexible catastrophe bond fund, which aims to invest in the private catastrophe bond market or cad bond lites.

Association of Swiss Private Banks names new chairman

The Association of Swiss Private Banks (ASPB) has named Yves Mirabaud, senior partner of Mirabaud, as its new chairman with immediate effect.

Citigroup Q1 profit surges 21%; private bank revenues up 6%

Citigroup has reported net income of $4.77bn for the first quarter 2015, an increase of 21% compared to $3.94bn a year ago.

Why Labour’s non-dom plans could lead to shattering consequences for Britain

Ed Miliband’s promise to scrap the non-domicile tax status should Labour get into power at the general election in May is naïve, reckless and ill-conceived

Italy removes Guernsey from tax blacklist of tax havens

The Italian Ministry of Finance has removed Guernsey from its revised tax blacklist of tax havens by amending the 2015 Finance Act.

Asset Control goes mobile with data service manager

Asset Control, a provider of financial data management solutions and services, has launched Data Service Manager for AC Plus – an enterprise data management platform.

Northern Trust establishes asset management sales and client service team in Melbourne office

Northern Trust has established an asset management sales and client servicing team in its Melbourne, Australia, office to offer its full range of customizable asset management solutions to institutional investors across Australia and New Zealand.

BlackRock Q1 profit up 9%, AuM rises to $4.77 trillion

American money manager BlackRock has posted a net income of $822m, or $4.84 per share, for the first quarter of 2015, an increase of 8.7% compared to $756m, or $4.40 per share, a year ago.

Aspiriant expands presence in Southern California with opening of Orange County location

Aspiriant, an independent wealth management firm, has opened its new office in Irvine, California, bringing the total number of locations across the US to eight.

Mass affluent relying on self more for financial decisions: Spectrum

Despite a modest perception of their own financial knowledge, non-millionaires are increasingly relying on their own investment acumen to make financial decisions, according to a new Spectrem Group wealth level study of households with a net worth of at least $100,000 (not including primary residence).