All articles by Verdict Staff
Verdict Staff
GAM Holding underlying net profit down 16%
Swiss money manager GAM Holding has registered underlying net profit of CHF177.2m for 2014, a fall of 16% as against 2013.
Switzerland signs tax information exchange agreement with Australia
Switzerland and Australia have inked an agreement for automatic exchange of tax information on a reciprocal basis.
Apex acquires Pinnacle Fund Administration
Apex Fund Services, an independent fund administrator, has acquired North Carolina-based Pinnacle Fund Administration to expand its market position in US and Canada.
Singapore named most expensive city in the world twice in a row
Singapore has retained its position as the most expensive city in the world for the second year in a row, according to a survey by the Economist Intelligence Unit (EIU).
Broadridge expands wealth and advisor solutions suite with acquisition of Direxxis
Broadridge Financial Solutions has acquired Direxxis, a provider of cloud-based marketing solutions and services, to expand its suite of solutions for wealth and asset managers. Financial terms were not disclosed.
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Morgan Stanley restructures wealth management team
Morgan Stanley has announced the restructuring of the executive team of its wealth management business through an internal memorandum.
Morningstar launches investment management business in South Africa
Morningstar, an independent investment research firm, has launched an investment management business in South Africa branded as Morningstar Investment Management South Africa.
JP Morgan launches new Global Capital Structure Opportunities fund
J.P. Morgan Asset Management (JPMAM) has rolled out a new Global Capital Structure Opportunities fund that will invest in equities, bonds as well as convertible bonds.
Bank REYL & Cie expands its partners’ group
Bank REYL & Cie has expanded its partners’ group with the appointment of Nicolas Duchêne, currently in charge of Reyl Singapore and Reyl Private Office.
RBC Wealth Management International appoints new fiduciary services head
RBC Wealth Management has named David Foster as fiduciary services head of RBC Wealth Management International, which is the groups Channel Islands-based fiduciary unit.