All articles by Verdict Staff

Verdict Staff

Strong gains for US, European equity funds in November, Morningstar Canada data show

Following a very volatile month in October US, European Equity Funds posted strong results in November, helped by the accommodative policies of central banks.

Investment trends suggest affluent investors not bullish on investment in November: Spectrem

For the second consecutive month, there was an increase in affluent investors who, when asked how they would invest in the coming month, indicated they would hold on the sidelines, according to a monthly investment preferences survey conducted by Spectrem Group.

SBI Mutual Fund to launch Shariah-compliant equity fund

SBI Mutual Fund, part of India’s largest public sector lender State Bank of India (SBI), will be launching a Shariah-compliant diversified equity fund next week.

Woodford hires new compliance head & chief risk operations officer

Woodford Investment Management (WIM) has bolstered its back office team by appointing Simon Osborne as head of compliance and Gavin St. John-Heath as chief risk operations officer.

Aria Capital Management unveils new wealth management platform

Aria Capital Management, a UK-based boutique private client investment manager, has unveiled a new multi-jurisdictional wealth management platform focusing at intermediaries.

AMP Capital reshuffles leadership team to drive growth

AMP Capital has made an array of changes to its leadership team in line with client needs and the business’ updated growth strategy.

Charles Stanley reports 4% rise in revenue

British wealth management and brokerage firm Charles Stanley has logged revenues of £72.9m for the six months ended 30 September 2014, an increase of 4.1% from £70m a year ago.

Intesa Sanpaolo eyes new private banking and asset management deals-report

Italian lender Intesa Sanpaolo is looking to boost its private banking, asset management and insurance businesses, including through acquisitions, the bank’s CEO told newspaper Corriere della Serain an interview.

First Foundation Bank signs agreement to merge with Pacific Rim Bank

First Foundation (FFI), a US-based provider of investment management, wealth planning, consulting, trust, and banking services, has entered into an agreement to merge with Pacific Rim Bank, a full-service community bank located in Hawaii.

Coutts sees senior departures in Asia amid sell-off talk

Coutts, the wealth management unit of RBS, has seen the departure of two more senior executives from the Asian business as it seeks a buyer for its overseas business.