All articles by Verdict Staff

Verdict Staff

Silver Management enters into strategic partnership with Interactive Data

Silver Management Group, a US-based provider of investment services and wealth management technology solutions, has entered into a strategic partnership with Interactive Data Corporation to deliver fully automated, end-to-end cost basis reporting solutions to clients.

Fidelity to merge its International fund into Open World fund

Fidelity Worldwide Investment is planning to merge its £209 million Fidelity International fund into the £9 million Fidelity Open World fund.

Broadridge names new president of global sales, marketing and client solutions

Broadridge Financial Solutions appoints Christopher J. Perry as new president of global sales, marketing and client solutions, effective September 2014.

Alexander House Financial joins CAERUS Capital Group

Alexander House Financial Services, a UK-based financial advisory business, has joined the CAERUS Capital Group.

SuMi TRUST Global Asset Services completes consolidation of Asian operation

SuMi TRUST Global Asset Services has completed the enhancement of its Asian business, in line with the organisation’s ambition to focus on three global hubs: London, New York and Tokyo.

ABN AMRO’s private banking unit Q2 underlying profit down 11%

ABN AMRO’s private banking unit has reported underlying profit of EUR44 million for second quarter of 2014, down 11% compared to EUR5o million a year earlier.

ProShares launches MSCI EAFE dividend growers ETF

ProShares has launched the ProShares MSCI EAFE Dividend Growers ETF, the first ETF that invests in the companies in the MSCI EAFE Index with the best track record of consistent year-over-year dividend growth.

Wells Fargo Advisors taps US$350 million advisory team from Morgan Stanley

Wells Fargo Advisors has lured a team of two financial advisors from Morgan Stanley that managed more than US$350 million in client assets.

Redwood Asset Management launches Redwood Global Macro Class

Redwood Asset Management, a Toronto-based investment fund manager, has announced the launch of the Redwood Global Macro Class.

Swiss private banks gear up for increase in acquisitions: KPMG

Swiss private banks are gearing up for an increase in acquisitions following a fall in profits as well as a US tax program that prompted more than one-third to report a loss last year, according to a study by KPMG.