All articles by Verdict Staff
Verdict Staff
Amundi launches new subsidiary in Thailand
French asset manager Amundi has opened a new subsidiary in Bangkok, Thailand to expand its presence in southeast Asia.
Wellesley Investment Partners appoints new president
Wellesley Investment Partners, a wholly owned subsidiary of Wellesley Bank, has appointed Louis Crosieras the new president.
Multi-family office LJ Group names new trust & fiduciary head
British multi-family office group LJ Group has named Marc Farror as new head of trust & fiduciary.
Border controls imposed by domestic regulators inhibit cross-border fund marketing: CMS
Domestic regulations in Europe are inhibiting the cross-border benefits of the European Commission’s Alternative Investment Fund Managers Directive (AIFMD), according to analysis by law firm CMS.
Bessemer Trust names new principal and investment strategist
Bessemer Trust, a US-based wealth and investment management firm, has named Joseph Tanious as new principal and investment strategist.
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Debt management firms must raise their game, says FCA
The UK Financial Conduct Authority (FCA) says debt management firms must demonstrate they provide appropriate advice, do not charge unfair fees, and have adequate processes for handling client money when assessments for consumer credit authorisation start next month.
Auriga Global Investors selects SGSS for fund administration services
Spanish asset manager Auriga Global Investors has selected Societe Generale Securities Services (SGSS) in Luxembourg to provide custody, fund administration and registrar services for its range of UCITS and specialised investment funds (SIF).
UBS announces co-heads of global equities
UBS has named Roger Naylor and Robert Karofsky as co-heads of global equities at its investment bank.
SunGard launches APT Enterprise for integrated risk management
SunGard has introduced a new APT Enterprise platform which includes an interactive risk dashboard for the buy-side to offer integrated risk management.
Aberdeen AM signs distribution deal with Banca Generali in Italy
Aberdeen Asset Management (Aberdeen AM) has signed a distribution deal with Banca Generali to sell its Luxembourg-domiciled fund range in in Italy.