All articles by Verdict Staff

Verdict Staff

Canaccord Genuity Wealth Management appoints new CIO

Canaccord Genuity Wealth Management (CGWM), a division of Canaccord Genuity Group, has hired Michel Perera as the new chief investment officer, replacing Nigel Cuming, who will be retiring from the role in May 2017.

Lyxor partners with Sandler to launch new equity fund

France’s Lyxor Asset Management has joined forces with US-based Sandler Capital Management to introduce a new long/short equity strategy.

Ignition Wealth to establish new XPLAN consultancy division

Australian digital financial advice provider Ignition Wealth has collaborated with integrated financial planning software service provider XPLAN’s customisation specialists PlanFocus to form a new division that will help advisers in preparing for robo-scale.

Hawksford names new head of fund services team

Hawksford, an international corporate, private client and funds business, has appointed Simon Page as the new head of its fund services team.

Brewin Dolphin rolls out passive portfolio range for IFAs

British wealth manager Brewin Dolphin has expanded its managed portfolio service (MPS) offering by launching a new passive portfolio range for IFAs.

Five UK DFMs form alliance to educate advisers on outsourcing

Britain’s five discretionary fund managers (DFMs) have teamed up to create an alliance to help financial advisers enhance client outcomes through education and collaboration.

BNP Paribas wealth arm pre-tax income drops 5% in Q4

BNP Paribas’ wealth & asset management unit has posted pre-tax income of €176m for the fourth quarter of 2016, a 4.8% decrease compared to €185m in the corresponding quarter of 2015.

KKR to merge hedge fund business with PAAMCO

Investment firm KKR has agreed to merge its hedge fund unit KKR Prisma with Pacific Alternative Asset Management (PAAMCO) to create a new liquid alternatives investment firm.

Fiserv partners with Marstone to launch digital investment advice solutions

Financial services technology provider Fiserv has partnered with advisory firm Marstone to deliver new digital investment advice solutions to its wealth management network.

Bank of Singapore enters into strategic agreement with Vontobel

Bank of Singapore has signed a strategic agreement with Swiss asset manager Bank Vontobel to allow its Asian UNHW and HNW customers to place their assets in the Vontobel’s booking centre in Zurich.