All articles by Verdict Staff
Verdict Staff
RHB Asset Management’s AUM to reach MYR58bn in 2015
RHB Asset Management, the asset management unit of RHB Banking Group, is planning to boost its assets under management (AUM) across the region to MYR58bn by the end of this year.
RBC Wealth lures $200m advisory team from UBS
RBC Wealth Management has lured a team of three advisors from UBS Wealth Management Americas that managed $200m in client assets.
Defaqto partners with IFP to offer practical resources for advisors
Defaqto, an independent financial research company, has partnered with the Institute of Financial Planning (IFP) to provide advisors with a wider range of practical resources to support their advice process.
HMRC income rises 60% from tax crackdown on mass affluent: Pinsent Masons
The amount of extra tax collected by HMRC in its new campaign against tax avoidance by the “mass affluent” has jumped to £137.2m in 2013/14, up 60% from £85.7m in 2012/13, according to a report by law firm Pinsent Masons.
Dions FATCA TRAC goes global
After signing its 13th FATCA deal, Dion Global Solutions (Dion), can now boast total global coverage, with sales to international banks across 4 continents and supporting FATCA compliance in 80 jurisdictions.
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AMG Wealth Partners acquires majority interest in Baker Street Advisors
AMG Wealth Partners, a subsidiary of the asset management company Affiliated Managers Group, has entered into a definitive agreement to acquire a majority equity interest in Baker Street Advisors (Baker Street).
Motif Investing launches two new products; partners with Pershing to extend global reach
Motif Investing, an online broker pioneering thematic investing, has launched two new products for its advisor platform — Motif AutoPilot and Motif GenerationConnect — to complement its core portfolio management offering.
Brewin Dolphin records 5% rise in FuM
British wealth manager Brewin Dolphin has reported that its total funds under management (FuM) increased to £37.9bn for the first quarter ended 31 December 2014, 5% higher than the £36bn recorded at 29 December 2013.
Barclays names new wealth management head for Europe
Barclays Wealth and Investment Management has named Francesco Grosoli as new wealth management head for Europe, replacing Henry Fischel-Bock.
BNY Mellon reports 57.3% rise in Q4 income
The Bank of New York Mellon (BNY Mellon) has reported fourth quarter net income applicable to common shareholders of $807m, or $0.70 per diluted common share, an increase of 57.3% compared to $513m, or $0.44 per diluted per common share a year ago.