All articles by Verdict Staff

Verdict Staff

Eurasia Group, Nikko Asset Management pair strengths in emerging markets investment

Eurasia Group and Nikko Asset Management have joined forces to bring together Eurasia Group’s proprietary geopolitical risk indicators within Nikko’s multi-asset investment management process.

Ameriprise unifies asset management businesses under single brand

Ameriprise Financial has relaunched its asset management businesses as Columbia Threadneedle Investments.

Edmond de Rothschild names UK CEO

Swiss asset management firm Edmond de Rothschild has appointed Eric Coutts as the new CEO of its UK business, effective April 1.

StanChart global Islamic banking head departs

Standard Chartered Saadiq, the global Islamic banking business of Standard Chartered, has confirmed the departure of its CEO Afaq Khan.

UK’s offshore tax havens asked to deliver timetable on central register

Britain’s government has asked British Virgin Islands and the Cayman Islands to set out specific timetables for implementing a central register of companies unveiling companies’ ultimate owners.

Target date funds, US equities attract flows in defined contribution plans: Northern Trust

Defined Contribution (DC) retirement plan participants continued their move toward target date funds in 2014, with nearly 33% of cash flows invested in the multi-asset class funds during the year, according to Northern Trust’s third annual DC Tracker.

UK advisers taking on responsibility for pension transfer business from overseas advisers: Old Mutual Wealth

A significant number of overseas advisers have taken steps to link up with UK advisers in preparation for the new pension changes, according to a survey by Old Mutual International, part of Old Mutual Wealth.

Cofunds pre-tax profits surges 83%

UK investment platform Cofunds has registered a pre-tax profits of £7.7m for 2014, up 83% compared to £4.2m a year ago.

Gentoo Fund Services buys Luxembourg’s SHRM Financial Services

Gentoo Fund Services has acquired SHRM Financial Services, a Luxembourg-based provider of fund administration and domiciliation services, to bolster footprint in Europe.

BHF Kleinwort Benson’s 2014 operating income rises

BHF Kleinwort Benson Group, a Belgium-based financial services group, has registered an operating income of EUR334.6m for the year ended 31 December 2014, up 1.4% compared to EUR330m a year earlier.