All articles by Verdict Staff

Verdict Staff

COMMENT: The home bias puzzle

Economists can’t explain why investors everywhere overweight their home market; psychologists, however, just might have the answer, writes Stefan Van Geyt, Group Chief Investment Officer at KBL European Private Bankers (operating in the UK as Brown Shipley)

Link Group partners with Stone & Chalk to support fintech start-ups

Link Group, a provider of technology-enabled administration solutions, has collaborated with fintech innovation hub Stone & Chalk to support the start-up community to encourage innovation in financial services.

Schroders strengthens multi-asset team

Schroders has appointed Chris Paine as a fund manager in its global income portfolio management team that manages global income funds on behalf of its clients.

Invesco Perpetual unveils new emerging market bond fund

UK-based investment firm Invesco Perpetual has rolled out a new global emerging market bond fund aimed at investors looking for income and capital growth over the medium to long term.

Clime Investment Management forms strategic alliance with Futuro

Australia’s Clime Investment Management has joined forces with Brisbane-based non-bank financial advisory group Futuro Financial Services to extend its wholesale client offering into a broader retail advisory service.

RBC wealth unit net income surges 42% in Q1

The wealth management unit of Royal Bank of Canada (RBC) has reported net income of C$430m for the first quarter of 2017, a 42% surge compared to C$303m in the prior year.

Former UBS and Morgan Stanley advisers launch new advisory business

Advisory teams from UBS and Morgan Stanley, which collectively managed $750m in assets, have left the firm to create an independent advisory firm in partnership with Dynasty Financial Partners.

Harvest Global Investments bolsters sales and marketing teams

Harvest Global Investments (HGI), the Chinese and Asian markets specialist asset manager, has strengthened its sales and marketing teams with the appointments of Ruiqi Wang, Yuki Nishio, Sirinda Flik, Angela Wang, and Joyce Lui.

BNP Paribas Investment Partners strengthens multi asset solutions team

BNP Paribas Investment Partners has appointed Guillermo Felices to the newly created role of senior market strategist in its multi asset solutions team.

Standard Chartered net loss shrinks to $478m in 2016

Standard Chartered has reported a net loss of $478m for the year ended 31 December 2016, a huge improvement compared to a loss of $2.36bn in 2015.