All articles by Verdict Staff
Verdict Staff
BNY Mellon appoints new global head of investor relations
BNY Mellon has announced that Valerie Haertel has joined BNY Mellon as global head of investor relations, with responsibility for managing relationships with the company’s shareholders and analysts.
AllianceBernstein AuM rises 6% to $473bn in Q3
AllianceBernstein has reported $473bn in assets under management as of 30 September 2014, up $27.8bn, or 6.2%, from a year earlier.
CNB Bank names new wealth & asset operations officer
CNB Bank has named Andrew Franson as its new wealth & asset operations officer.
Luxembourg reaches record assets under management of over 3 trillion
The Association of the Luxembourg Fund Industry (ALFI) announces that assets under management of Luxembourg domiciled funds reached over 3 trillion at the end of September 2014.
JTC Group expands private capabilities in Switzerland
JTC Groups Swiss arm has expanded its private client capabilities through appointments of Jonathan Kirby and Sebastien Hayoz.
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Bank of China set to secure approval for yuan clearing in Australia-report
The Sydney division of Bank of China is reportedly set to bag regulatory approval for starting clearing trades in Chinese yuan.
UAE advisors say investor behaviour and emotional reactions to markets are top challenges to success
While UAE advisors remain confident about the growth of their businesses, projecting an average of 24% annual growth in the coming year, managing client emotions is posing a challenge, according to a new global survey of financial advisors from Natixis Global Asset Management.
Piper Jaffray Q3 net income surges
Piper Jaffray, a US-based asset management and investment banking firm, has posted an adjusted net income from continuing operations of $16.9m in the third quarter of 2014, compared to $11.6m a year ago.
Baillie Gifford European fund sees exit of co-manager
Paul Faulkner, the co-manager of £177m Baillie Gifford European fund, is departing the company.
Amundi acquires Austrian lender BAWAGs asset management division
French asset manager Amundi has acquired Austrian bank BAWAGs asset management arm, BAWAG PSK INVEST.