All articles by Verdict Staff

Verdict Staff

EFG Asset Management rolls out new US small cap fund

EFG Asset Management (EFGAM) has expanded its US equities range with the launch of a new small caps fund that will invest in 60-80 companies with a market cap of typically $5bn and below.

Hong Kong’s Offshore Incorporations rebrands to Vistra

Vistra, a provider of trust, fiduciary and fund administration services, has announced that Hong Kong-based company formation specialist Offshore Incorporations (OIL) has rebranded to Vistra.

Ignition Wealth collaborates with SiResearch for goals-based investing

Australian digital financial advice provider Ignition Wealth has teamed up with research and investment house SiResearch to offer goals-based investing.

Global Alliance Wealth Management to open new office in Tokyo

Global Alliance Wealth Management has secured a licence from the Japanese government’s Financial Services Agency to open a new office in Tokyo.

ANZ names new CIO for Wealth Australia

Australia and New Zealand Banking Group (ANZ) has named Mark Rider as the new CIO for its Wealth Australia business, replacing Stewart Brentnall who will depart from the group to take up another senior CIO role in Australia.

Suitability still a major concern for UK wealth management firms

Suitability has become a major challenge for the UK wealth management industry mainly due to the fact that majority of firms do not understand the requirements, according to a survey by business performance benchmarking and research specialist Compeer and fintech firm JHC.

Amundi net income surges 16.5% in Q4

French asset manager Amundi has reported net income – group share of €153m for the fourth quarter of 2016, a 16.5% rise compared to €131m in the year ago.

Rowan Dartington hires new COO

British wealth manager Rowan Dartington has appointed Adrian Clark as its new COO, replacing Ben Cooper who will now become commercial director at the firm.

Manulife Q4 net income plunges 74%

Manulife Financial has reported a net income attributed to shareholders of C$63m for the fourth quarter of 2016, a 74% decrease compared to C$246m for the same period in 2015.

Planet of Finance launches new tool to match investors with wealth managers

Planet of Finance (PoF), a Monaco-based online wealth network, has introduced a new service that will connect private investors with wealth managers and financial advisers.