All articles by Verdict Staff
Verdict Staff
UBP registers 8.6% rise in annual net earnings
Swiss private bank Union Bancaire Privée (UBP) has reported net earnings of CHF165m for the year ended 31 December 2014, a rise of 8.6% compared to a year ago.
Wealth manger Pool House Professional Advisers buys DC Wealth
UK-based wealth manger Pool House Professional Advisers has purchased DC Wealth for an undisclosed sum.
World Bank to open new office in Malaysia
The World Bank Group is set to open new office at Sasana Kijang in Kuala Lumpur, Malaysia.
CI Investments to launch new research office in Hong Kong
Canada-based CI Investments and its subsidiary Signature Global Asset Management have joined forces to launch a new research office in Hong Kong.
Credit Suisse may mull purchase of private-banking businesses in Italy
Swiss lender Credit Suisse Group may consider purchase of private-banking businesses in Italy that serve the ultra-rich, said Credit Suisse’s Italy CEO Federico Imbert.
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ETF business opportunities expand as new generation of funds emerge: SEI
Twenty years after their introduction in the investment industry, Exchange Traded Funds (ETFs) are evolving and gaining momentum more rapidly than in the past, according to a report by SEI titled ETF 2.0: Six Trends Shaping the Next Generation.
Azimut to acquire 70% stake in Bosphorus
Italian asset manager Azimut has entered into an investment and shareholders agreement to acquire a 70% stake in Bosphorus for EUR7.4m (US$8.3m) through AZ International Holdings.
Global assets under management to exceed $100tn by 2020: PwC
Global assets under management (AuM) will rise to around $101.7 trillion by 2020, from a 2012 total of $63.9 trillion, predicts a PwC report titled Asset Management 2020: A Brave New World.
The Feldman Group joins Snowden Lane Partners
The Feldman Group has joined wealth advisory firm Snowden Lane Partners, and will operate from Snowden Lanes newly-opened Pittsburgh office.
Succession acquires Finch Financial Services for £3m
National advice firm Succession has acquired Reading-based advisor Finch Financial Services for £3m.