All articles by Verdict Staff
Verdict Staff
SEI names new commercial director for UK private banking business
SEI has named Martin Steer as commercial director for its private banking business in the UK.
National Pension Service of Korea plans to open Asian investment office
The National Pension Service of Korea (NPS) has reportedly unveiled plans to open an Asian investment office in 2015, likely to be based in Hong Kong or Singapore at a committee meeting led by chairman Moon Hyungpyo.
Aviva Investors names new fixed income CIO
Aviva Investors has named Mark Connolly as chief investment officer of fixed income, replacing Jean-François Boulier.
SEC proposes rules to curb risks in asset management sector
The Securities and Exchange Commission (SEC) chairman Mary Jo White has unveiled a set of plans to address potential risks in the US asset management industry.
Swiss private banks restrained in their IT investment, EY study
Swiss private banks restrained in their IT investment reveal a survey conducted by the audit and advisory firm EY, in which almost 30 representatives of private banks in Switzerland, Singapore and Luxembourg participated.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Pattern of outflows for actively managed US funds continue: Morningstar
Among US equity funds, the pattern of outflows for actively managed funds and inflows for passive funds continued. Over the trailing one-year period, active US equity funds lost $91.9bn, and passive US equity funds gathered $156.1bn, according to Morningstars US mutual fund and ETF asset flow report for November 2014.
HSBC’s Swiss private banking unit not for sale – report
HSBC’s Swiss private banking arm chief in an interview to Swiss publication said the unit is not for sale.
Higher costs on the horizon as tax and regulatory change continues to bite, says BNY Mellon
Asset managers, pension funds, banks and insurers expect to be spending more on tax and regulatory-related change in 2015 and for some years beyond, according to a new poll by BNY Mellon.
BGC Partners to buy UK assets and subsidiaries of RP Martin Group
US interdealer broker BGC Partners (BGCP) has inked a deal to purchase the UK assets and subsidiaries of RP Martin Group, a wholesale broking firm.
Santander UK names new chairman
Santander UK has named Shriti Vadera, a minister in Gordon Browns government during the financial crisis, as its new chairman.