All articles by Verdict Staff

Verdict Staff

Multrees Investor Services selects Babel Systems’ securities processing platform

Babel Systems has signed contracts with Multrees Investor Services to provide its securities processing software as a key component of Multrees’ custody and investment administration service for wealth managers and private investment offices.

Azure Capital forms alliance with China Asset Management Company

Australia-based Azure Capital has inked an agreement with China Asset Management Company (ChinaAMC) to create an investment fund tapping growth in Chinese economy.

FCA proposes increase in adviser regulatory levy

UK’s Financial Conduct Authority (FCA) has unveiled plans for a hike in adviser regulatory levy by 10% to almost £75m for 2015/16 from the £68m set for 2014/15.

UBS Fund Services selects SunGard to improve reporting experience

UBS Fund Services has deployed SunGard’s Investran Insight to deliver investment managers and investors interactive reporting, advanced analytics, as well as data visualization across its private equity value chain.

IFG Group 2014 pre-tax profit dips to £4.6m

Financial services company IFG Group has posted a pre-tax profit of £4.6m for the year ended 31 December 2014, down from £5m a year ago.

QROPS changes creates inconsistencies but opportunities still exist: Old Mutual Wealth

The recent Statutory Instrument has confirmed QROPS (Qualifying Recognised Overseas Pension Schemes) will temporarily be unable to benefit from the full UK pension flexibilities.

UBS to target Asia Pacific to boost wealth management business

Swiss bank UBS is targeting Asia Pacific to deliver as much as 30% of its assets under management within a decade, says CEO Sergio Ermotti.

Russell Investments bolsters global team of strategists

American asset manager Russell Investments has appointed Paul Eitelman in its global team of investment strategists.

Dexion names new distribution head for US, Canada

Dexion Capital, an alternative asset investment bank, has appointed Trevor Barnett as the new head of distribution for the US and Canada.

Northern Trust names Greater China region head

Northern Trust has appointed Michael Wu to the newly created role of head of its Greater China region.