All articles by Verdict Staff
Verdict Staff
UBS net profit slumps 22% in Q4
Swiss wealth manager UBS has reported a net profit of CHF738m for the fourth quarter of 2016, a 22% decrease compared to CHF949m for the same quarter of 2015.
UBP annual net profit surges to CHF176.4m
Swiss private bank Union Bancaire Privee (UBP) has reported a net profit of CHF176.4m for the full year ended 31 December 2016, a huge surge compared to CHF25.2m in the previous year.
UBS devises new plan to woo female investors
UBS Wealth Management has launched a five- year plan to better serve female clients, whose wealth is expected to grow from $13 trillion to $18 trillion by 2021.
Manulife Asset Management names CEO for Thailand
Manulife Asset Management has appointed Michael Reed as the new CEO for its Thailand business.
Optimism about US growth prospects rises among investment managers
Investment managers are holding a more positive outlook about the prospects of the US economy as the Trump administration comes into power, according to a survey by Northern Trust.
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Malaysian HNW population dips, but growth forecasts are promising
Malaysias rapidly emerging economy provides a fertile ground for wealthy individuals. Although there was a dip in the wealthy population in 2015, WealthInsight forecasts growth in HNWI numbers over the coming years. PBI takes a closer look at the findings
Northern Trust bolsters Florida wealth management team
Northern Trust has appointed Rick Fernandez as managing director and Xavier Martinez as senior portfolio manager for its wealth advisory team in Miami.
Cornerstone Family Office taps Private Wealth Systems for investment reporting platform
Cornerstone Family Office, a US-based multi-family office, has selected Private Wealth Systems for account aggregation, data management, and consolidated client reporting.
Credit Suisse unveils new trend-tracking fund
Credit Suisse Asset Management has launched a new liquid alternatives fund that aims to generate positive returns by exploiting trends on various markets and investment classes.
Mount Street snaps up EAAs portfolio management arm
Mount Street has agreed to acquire EAA Portfolio Advisors (EPA), the portfolio management subsidiary Erste Abwicklungsanstalt (EAA).