All articles by Verdict Staff

Verdict Staff

JPMorgan Asset Management hires new country head for France

JPMorgan Asset Management has named Pietro Grassano as new country head for France.

MSCI expands ESG offering with in-depth corporate governance product

MSCI, a provider of investment decision support tools worldwide, has announced the expansion of its environmental, social and governance (ESG) research offering through MSCI ESG Research with the launch of MSCI ESG GovernanceMetrics.

Transparency International France suspends BNP Paribas membership

Transparency International France has suspended BNP Paribas membership after the bank accepted that its oil and gas commodity-trading business willingly concealed illegal transactions of several billion dollars with Sudan, Cuba and Iran between 2004 and 2012.

John Hancock launches online tool to help advisors with plan management

John Hancock Retirement Plan Services (JH RPS) is helping advisors simplify 401(k) plan management by introducing an interactive website called JH Plan Manager that creates and calendarizes a customized service approach and then helps implement it.

Threadneedle Investments restructures UK equities team

Threadneedle Investments said that Simon Brazier, head of UK equities, and co-manager Blake Hutchins have resigned.

Morgan Stanley lures US$1.3 billion advisory team from Merrill Lynch

Morgan Stanley Wealth Management has lured a team of financial advisors from Merrill Lynch that managed more than US$1.3 billion in client assets.

Funded status of US corporate pensions falls to 90.1%: BNY Mellon ISSG

Falling interest rates precipitated by geopolitical tensions led to higher liabilities and a lower funded status for the typical U.S. corporate pension plan in August, while rising asset values benefited public plans, foundations and endowments, according to the BNY Mellon Investment Strategy and Solutions Group (ISSG).

Fidelity to launch new high conviction Asia Pacific equities fund

Fidelity Worldwide Investment is set to launch a new Fidelity Asia Pacific Opportunities fund on 24 September.

HSBC Private Bank to merge its European Trust business in Jersey

HSBC Private Bank is planning to merge its European private trust and fiduciary administration services business into a single hub based in Jersey.

Bank of the West names new chief investment advisor

Bank of the West, a subsidiary of BNP Paribas, has named Wade Balliet as new chief investment advisor.