All articles by Verdict Staff

Verdict Staff

Brooks Macdonald International names new CEO

Brooks Macdonald International (BMI) has named Darren Zaman as its new chief executive, replacing John Davey.

Closed-end private real estate funds have $220bn of uncalled capital, says Preqin

Closed-end private real estate funds have a record $220bn in dry powder available to invest, up from $186bn in December 2013, representing the highest amount on record, according to Preqin.

Switzerland hands over French authorities documents on 300 UBS customers-report

Switzerland has reportedly handed over documents on 300 customers of UBS to French authorities suspected of evading tax.

Northern Trust selects SunGard’s asset arena control center for fund accounting

Northern Trust has selected SunGard’s Asset Arena Control Center to increase operational efficiency and reduce risk.

Liberty Street launches Robinson Tax Advantaged income fund

Liberty Street Advisors, an SEC registered investment advisor, has launched the Robinson Tax Advantaged Income Fund, the fourth in its series of funds focused on income production and inflation protection.

Julius Baer to slash 150 more jobs-report

Julius Baer is reportedly planning to slash a further 150 jobs by 2015 following its acquisition of Merrill Lynch’s international wealth unit in 2012.

Falcon Private Bank names global private banking head

Falcon Private Bank has named Erich Pfister as new global head private banking, effective 1 January 2015.

Unigestion expands cross asset solutions team

Swiss asset manager Unigestion has expanded its cross asset solutions team by hiring Guilhem Savry and Olivier Blin as investment managers.

DBS completes acquisition of Societe Generale’s private banking unit in Asia

DBS Bank has completed the acquisition of private banking business of Societe Generale in Singapore and Hong Kong.

Alvarez & Marsal acquires German real estate asset manager Captiva

Alvarez & Marsal (A&M) has acquired a Germany-based real estate asset management firm, Captiva Capital Management (CCMG).