All articles by Verdict Staff
Verdict Staff
Schroders annual pre-tax profit rises 5%
British fund manager Schroders has posted a pre-tax profit of £618.1m for the year ended 31 December 2016, a 5% increase compared to £589m in the prior year.
Indosuez Wealth Management bolsters Middle East team
Indosuez Wealth Management, the global wealth management arm of French banking group Credit Agricole, has appointed Nancy Sebaali and Rolf Schilde as Middle East team leaders.
Man Group slips to loss in 2016
Man Group, a London-based asset manager, has posted has loss before tax of $272m for the financial year ended 31 December 2016, compared to a profit of $184m in the prior year.
National Bank of Canada net income surges to C$497m in Q1
The National Bank of Canada has posted a net income of C$497m for the first quarter of 2017, an increase of 90% compared to C$261m a year ago.
Cheyne Capital, Novus to develop fixed income analytics platform
London-based alternative asset manager Cheyne Capital Management has collaborated with Novus, a US-based portfolio analytics and intelligence platform, to build a fixed income analytics platform for both allocators and managers.
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Estera snaps up Morgan Sharpe Administration
Global fiduciary and administration provider Estera has purchased Morgan Sharpe Administration, a Guernsey-based fund administration provider, for an undisclosed sum.
Eaton Vance Asia Pacific opens new Tokyo office
Eaton Vance Asia Pacific, a subsidiary of Eaton Vance Management (EVM), has opened a new representative office in Tokyo, Japan.
Wealth consultant Alpha FMC sets up office in Geneva
Alpha FMC, a UK-based provider of asset and wealth management consulting, has launched a new office in Geneva, Switzerland.
GAM hires head of equities
Swiss money manager GAM has appointed Matthew Beesley to the newly created position of head of equities.
BMO Financial wealth unit net income surges to C$266m in Q1
BMO Financial’s wealth management unit has posted net income of C$266m for the first quarter of fiscal 2017, an increase of 81% compared to C$147m for the same period in the previous year.