All articles by Verdict Staff
Verdict Staff
Sanlam Private Investment renamed to support globalisation push
Sanlam Private Investment, part of South Africa-based Salam Group, has been rebranded Sanlam Private Wealth to incorporate the parent companys wealth ambitions.
AFH Financial Group buys CIB Wealth Management
AFH Financial, a UK-based financial planning led wealth management firm, has acquired the assets of Rochester-based IFA CIB Wealth Management in a deal worth up to £973,350.
Old Mutual Wealth records 5% rise in annual profit
Old Mutual Wealth has reported an adjusted operating profit of £227m for the year ended 31 December 2014, an increase of 5% compared to £217m a year earlier.
Wells Fargo Asset Management rolls out new US equity fund
Wells Fargo Asset Management has rolled out a new Luxembourg-domiciled high conviction US equity fund in the UK.
ANZ consolidates Asian private banking, wealth operations
The Australia and New Zealand Banking Group (ANZ) has merged its Asian private banking and wealth units to boost operational efficiency.
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Northern Trust to open new operating centre in Arizona
Northern Trust has revealed plans to expand in Arizona by opening a new operating center in Tempe to meet long-term global growth needs.
DBS hires new CEO for Indian unit
DBS, a Singapore-based bank, has named Surojit Shome as new chief executive officer for India, effective April this year, replacing Sanjiv Bhasin.
Expert views: WealthInsight
Welcome to the monthly instalment of news and views from PBI’s sister company, WelathInsight – the leading provider of business intelligence for the wealth sector
Yuanta SITC to inject $15m into AmCapital Indonesia-report
Yuanta Securities Investment Trust Company (Yuanta SITC), a Taiwan-based asset manager, is planning to inject as much as $15m into the Indonesian brokerage AmCapital Indonesia (AMCI), which it agreed to buy last year.
JPMorgan names new head for global alternative investment services unit
JPMorgan Chase has named James Ferguson as the new head of its global alternative investment services (AIS) unit replacing Stephanie Miller.