All articles by Verdict Staff
Verdict Staff
Lombard Odier targets Asia growth with new hire
Swiss banker Lombard Odier has hired David Loo from Citi Private Bank as head of private clients for North Asia, a new role the firm has created.
Cantor Fitzgerald appoints new global head of portfolio solution business
Cantor Fitzgerald, a global financial services firm, has expanded its asset management business with the appointment of Michael Gardner as senior managing director and global head of portfolio solutions.
VAM forays into South Africa with 11 funds
VAM Funds, a Luxembourg-domiciled fund manager, has rolled out 11 funds in South Africa, marking its foray into the region.
UBS dilutes stake in China Cinda Asset Management
Swiss lender UBS has trimmed its stake in China Cinda Asset Management, a Chinese state-owned bad debt manager.
Bellpenny acquires Winchester-based wealth firm
UK-based wealth manager Bellpenny has acquired Winchester-based City Wealth Management Independent Financial Advisers continuing its acquisition spree following the purchase of Farnham-based advisor Legal and Professional Services in March 2015.
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BMO InvestorLine enhances its Market Pro Platform
BMO InvestorLine has enhanced its trading platform, BMO Market Pro, for self-directed active traders and investors.
Polar Capital AuM slides to $12.3bn
Investment firm Polar Capital’s total assets under management at the end of March this year stood at $12.3bn, a decline of more than 6% compared with $13.2bn a year ago.
Nippon Life mulls acquisition of overseas asset managers-report
Japan-based Nippon Life Insurance is reportedly mulling acquisitions in developed and emerging markets, including asset managers in the US to diversify its sources of income.
Envestnet invests in AlphaHedge Capital Partners
Envestnet has made a strategic investment in AlphaHedge Capital Partners, which provides access to long/short equity strategies through separately managed accounts (SMAs).
Artorius Wealth to open headquarters in Manchester
Financial management company Artorius Wealth, which has offices in London and Zurich, has reportedly decided to set up its headquarters in Manchester.