All articles by Verdict Staff

Verdict Staff

IMF seeks stress tests for asset managers

The International Monetary Fund (IMF) is seeking a regulatory crackdown on asset managers, which includes introduction of stress tests for asset managers.

Swiss private banking still has plenty to offer, says UBP chief

Swiss private bank UBP’s CEO Guy de Picciotto rejected the claims that Swiss private banking is dead and argued that Switzerland still has plenty to offer clients.

Majority of companies help financial professionals with social media: LIMRA

New LIMRA research has revealed that six in 10 financial services companies have programs in place to assist their financial advisors and representatives with social media.

BlackRock to close or consolidate some funds to comply with new regulations

American money manager BlackRock is set to close or consolidate some money-market funds and add new features to others to in response to recent regulatory reforms, the Wall Street Journal has reported.

Tilney Bestinvest names new investment MD

Tilney Bestinvest has hired Martin King of Signia Wealth as its new managing director for investment management.

LGIM expands emerging markets team with new hires

Legal & General Investment Management (LGIM) has bolstered its fixed income emerging market debt team with two new hires.

U.S. Bank names market leader for The Private Client Reserve in Cincinnati

U.S. Bank has appointed Brad Scott as its market leader for The Private Client Reserve in Cincinnati, a unit of the bank’s wealth management business.

Man GLG launches UCITS fund for European mid-cap equities

Man GLG, the discretionary investment management business of Man Group, has launched a new UCITS compliant fund named Man GLG European Mid-Cap Equity Alternative Fund.

Atlantic Trust opens office in Florida

Atlantic Trust, the US private wealth management arm of CIBC, has opened a new office in West Palm Beach, Florida.

ING Investment Management renamed as NN Investment Partners

Dutch asset manager ING Investment Management, which manages approximately EUR186bn in assets, has rebranded itself as NN Investment Partners.