All articles by Verdict Staff

Verdict Staff

Canaccord Genuity to snap up C. Hoare & Co’s dealing and custody business

Canaccord Genuity Wealth Management UK & Europe has agreed to acquire the investment dealing and custody business of British private bank C. Hoare & Co for an undisclosed sum.

Goji unveils diversified P2P lending proposition

Peer-to-peer lending platform (P2P) Goji has rolled out a diversified P2P lending bond for financial advisers and wealth managers in the UK.

Sanlam to buy majority stake in PineBridge Investments East Africa

Sanlam Emerging Markets, part of the Sanlam Group, has agreed to acquire a majority stake in Kenya-based PineBridge Investments East Africa (PIEAL) for an undisclosed sum.

Mirabaud registers 17% jump in annual net income

Mirabaud, a Swiss wealth and asset management group, has reported a consolidated net income of CHF31.6m for the year ended 31 December 2016, an increase of 16.7% compared to CHF27.1m a year ago.

UOB Asset Management, T. Rowe Price partner for technology fund

UOB Asset Management (UOBAM) has teamed up with T. Rowe Price, a US-based asset manager, to allow retail investors in Singapore to tap into technology fund.

AMP Capital reshuffles leadership team

AMP Capital has made several changes to its leadership team in a bid to drive its growth in key asset classes and regions.

Deutsche Bank sets up innovation lab in New York City

German banking group Deutsche Bank has launched an innovation lab in Lower Manhattan’s Fulton Center in New York City.

Ex-Merrill Lynch director launches new advisory business

Xerxes Mullan and his team have left Merrill Lynch to launch an independent advisory firm in association with Dynasty Financial Partners.

WSFS names senior vice president for wealth management

WSFS Financial, the parent of WSFS Bank, has appointed Lisa Chorlton as a senior vice president in its wealth management group.

Cantor Fitzgerald acquires Efficient Market Advisors

Cantor Fitzgerald Investment Advisors (CFIA), a unit of Cantor Fitzgerald, has acquired the businesses of San Diego ETF investment firm Efficient Market Advisors (EMA) for an undisclosed sum.