All articles by Verdict Staff

Verdict Staff

Lebenthal Asset Management buys Aurora Investment Counsel

New York-based Lebenthal Asset Management has purchased Atlanta-based Aurora Investment Counsel, a SEC-registered investment advisor for an undisclosed sum.

RBS formally kick starts auction for Coutts International

Royal Bank of Scotland (RBS) has formally launched the sale of international operations of its private banking arm Coutts, Reuters has reported, citing a person with knowledge of the matter.

Global ETF/ETP industry reaches a new record of $2.76trn, says ETFGI

ETFGI’s research finds 2014 is proving to be a very good year for the Global ETF/ETP industry. The global ETF/ETP industry has reached a new record of US$2.76 trillion in assets.

Matthews Asia names new head of business development for UK

Investment firm Matthews Asia has named Neil Steedman as new head of business development in the UK.

Danske Bank to launch new family office business in January

Danske Bank Private Banking is planning to launch a new family office business focusing on individuals with larger and more complex economy in January next year.

Good overall performance for Jersey’s finance industry as funds figures reach five year high

The latest figures for all sectors of Jersey’s finance industry reflect an overall good performance, led by the funds sector where the value of funds business in Jersey reached the highest level in five years.

EU may scrap plan to force banks to separate out risky trading

The European Union may scrap plan to compel banks to keep high-risk trading activities separate from their main businesses following concerns raised by some member states.

Temasek to acquire stake in Virtu Financial

Temasek, an investment firm based in Singapore, has agreed to acquire stake in Virtu Financial, a technology enabled market maker and liquidity provider to the global financial markets.

Investment outlook in 2015 will improve, says Coutts

Coutts has launched its ‘2015 Investment Outlook: On And Off The Beaten Track’, highlighting ten investment themes for the year ahead, framed by articles on profiting from unconventional ideas and our approach to risk.

UBS Global Asset Management expands fixed income ETF range

UBS Global Asset Management has bolstered its fixed income ETF range by launching three new fixed income ETFs that provide exposure to the Barclays US Liquid Corporates index on the London Stock Exchange.