All articles by Verdict Staff

Verdict Staff

Barclays Wealth and Investment Management strengthens Palm Beach office

Barclays Wealth and Investment Management has strengthened its Palm Beach office by appointing Josh Crossman and Ginny Neal as new directors and investment representatives.

French prosecutors probe BNP Paribas officials over insider trading

French prosecutors have launched a preliminary investigation into suspected insider-trading by several senior officials at BNP Paribas.

Psigma unveils new Cautious Income MPS strategy

Psigma Investment Management has introduced a new Cautious Income strategy for investors to meet the need arising from the pension reforms.

Rowan Dartington to open new branch in Taunton

UK-based wealth manager Rowan Dartington is planning to open a new branch in Taunton to further boost its presence in the country.

Singapore investors settle legal battle with Morgan Stanley for S$26m

Singapore investors have settled a legal battle for S$26m ($20m) with US-based investment bank Morgan Stanley over alleged fraud of the latter selling rigged financial products that were designed to fail.

NLP Financial Management merges with Birchwood Investment Management

London-based NLP Financial Management has merged with Hertfordshire-based IFA Birchwood Investment Management to form a new group that manages over 2,000 clients and £550m of assets under advice.

State Street to divest stake in hedge fund business

State Street Corp (STT) is planning to divest its hedge fund investing business, SSARIS Advisors, to the unit’s senior management.

Pictet hires multi-asset team from Barings to launch new fund

Swiss private bank Pictet Asset Management has appointed former multi-asset team at Barings to launch a new product aimed at UK institutional investors.

EY appoints new member to its board

Swiss-based audit and advisory firm EY has named Marcel Stalder as new member to its board of directors replacing Stephan Kuhn.

Wine Owners partners with Knight Frank to launch new fine wine index

Wine Owners, a fine wine portfolio management platform, has partnered with global property consultancy Knight Frank to launch a new Knight Frank Fine Wine Icons Index (KFFWI Index).