All articles by Verdict Staff

Verdict Staff

DeAWM hires new head of strategy & business development for liquid real assets platform

Deutsche Asset & Wealth Management (DeAWM) has appointed Chuck Fiedler as head of strategy & business development, a new role for its Liquid Real Assets platform and part of its Alternatives and Real Assets business.

Law firm MJ Hudson expands presence in Asia

MJ Hudson, a London-based asset management and funds boutique, has opened a new office in Hong Kong.

Canaccord Genuity Group adds new investment advisory teams

Canaccord Genuity Group has added new investment advisory teams in a bid to expand its Canadian wealth management division.

Coutts names new head of private client trust services

Coutts has named Miles Le Cornu as new head of private client trust services at Coutts Trustees, effective 8 September 2014.

LGT Group registers 19% rise in H1 profit

LGT Group, the wealth and asset management group of the princely House of Liechtenstein, has said that its total group profit in the first half of 2014 rose 19% to CHF102.8 million.

IFG Group to sell Irish pension and advisory businesses to Willis Ireland

IFG Group, an Ireland-based financial services company, has agreed to sell its Irish pension and advisory business to Willis Ireland, part of Willis Group Holdings, in a deal worth for EUR13.5 million.

Infrastructure transactions valued at an average of $523 million in 2014: Prequin

Preqin’s latest analysis of investment activity within the global infrastructure space has shown that more than one-third of transactions completed in 2014 YTD were valued at more than $500 million, with the average investment valued at $523 million.

Hong Kong signs tax information exchange agreement with six Nordic nations

Hong Kong Government has singed a tax information exchange agreement (TIEA) with six Nordic jurisdictions including Denmark, the Faroes, Greenland, Iceland, Norway and Sweden.

SEC adopts asset-backed securities reform rules

The US Securities and Exchange Commission (SEC) has adopted revisions to rules governing the disclosure, reporting, and offering process for asset-backed securities to enhance transparency, better protect investors, and facilitate capital formation in the securitization market.

BMO Financial wealth arm sees 12% dip in Q3 income

BMO Financial’s wealth management business has posted a net income of C$190 million for the third quarter of 2014, a decline of 12% compared to C$217 a year ago.