All articles by Verdict Staff

Verdict Staff

Ashmore AuM shrinks to $71.3bn in Q1

British money manager Ashmore Group’s assets under management shrank to $71.3bn in the first quarter, a decline of 5% from $75bn in the previous quarter.

WH Ireland names new wealth management head for Manchester office

WH Ireland has named Robert Race as new head of wealth management for its Manchester office.

ProShares launches ProShares Morningstar Alternatives Solution ETF

ProShares, a premier provider of alternative ETFs, has launched the ProShares Morningstar Alternatives Solution ETF.

CPR Asset Management selects CACEIS as asset servicing partner for CPR Invest

Paris-based CPR Asset Management has selected asset servicing provider CACEIS as the asset servicing partner for its first Luxembourg law UCITS fund dubbed CPR Invest, for which the first two sub-funds were launched on 29th August.

US draft deal seeks total cooperation from Swiss banks over tax evasion – report

In a draft agreement related to tax evasion, the US Department of Justice (DOJ) is seeking “total cooperation” from Swiss banks to stop banks from aiding wealthy Americans evade taxes.

DeVere opens second office in Zimbabwe

DeVere, a UK-based financial advisory firm, has expanded its footprint in Zimbabwe by opening a second office in Bulawayo, following the launch of its first office in Harare in September 2010.

Arbuthnot Latham’s CEO expects further consolidation UAE’s wealth management sector

The wealth management sector in UAE is on course for increasing consolidation in the coming years, as a booming economy and increased infrastructure spending attract local and international operators, according to James Fleming, the global CEO of the British private bank Arbuthnot Latham.

Dutch asset manager PGGM to slash 200 jobs

Dutch asset manager and pension provider PGGM is planning to slash 200 jobs in an attempt to drive down costs.

Liquid Holdings unveils beta version of LiquidMobile app for fund managers

Liquid Holdings Group, a provider of cloud-based investment management solutions for the financial community, has started rolling out the beta version of LiquidMobile to select users of the Liquid platform earlier this month.

BT Financial Group launched three major initiatives to improve client experience

BT Financial Group (BT) has announced a new era for the financial advice industry, launching three major initiatives that focus on improving the client experience, adviser professionalism and transparency.