All articles by Verdict Staff

Verdict Staff

Mercer strengthens US Responsible Investment team with new appointment

Building on its strength as a global leader in the field of environmental, social and governance (ESG) investing, Mercer, a wholly-owned subsidiary of Marsh & McLennan Companies, has announced the appointment of Alex Bernhardt as a senior responsible investment consultant to lead its Responsible Investment (RI) team in the US market.

Signia Wealth rehires ex-executives in senior roles

UK’s Signia Wealth has rehired its former executives Carnegie Smyth, Etienne de Merlis and Greg Malone in senior positions.

Berkshire Hathaway to debut euro-denominated bond

US conglomerate Berkshire Hathaway is planning to launch its first ever euro-denominated bond.

Temenos buys Multifonds for EUR235m

Temenos Group has acquired fund administration software provider Multifonds for EUR235m ($262.35m) from a shareholder group led by growth equity investor Summit Partners.

Europe to remain the region with the highest number of ultra wealthy by 2024

The number of multimillionaires in Europe will continue to be higher than anywhere else in the world over the next 10 years, finds Knight Frank’s new Wealth Report, in collaboration with WealthInsight.

GAM to simplify brand structure

GAM Holding has revealed its plans to discontinue its Swiss & Global Asset Management name to emphasize and focus on its growth in the multi-asset space.

Schroders 2014 pre-tax profit up 11%

British fund manager Schroders has registered a profit before tax and exceptional items of £565.2m for the year ending 31 December 2014, a rise of 11% from £507.8m a year ago.

Axa Investment Managers names new structuring head

Axa Investment Managers, the asset management arm of AXA, has appointed Christophe Fritsch as its new head of structuring.

UBS launches new philanthropy offering for US wealth management clients

UBS Financial Services has launched a new philanthropic donations scheme for the firm’s wealth management clients in the US enabling them to contribute to the UBS Optimus Foundation.

Deimos Asset Management launches hedge fund management business

Deimos Asset Management, a multi-strategy hedge fund manager, has launched operations of its new hedge fund management business. Ares Management, a global alternative asset manager, has made a strategic investment in the company.