All articles by Verdict Staff
Verdict Staff
Alger Associates to take over growth equity manager Weatherbie Capital
Alger Associates, the parent of Fred Alger Management, has agreed to acquire Boston-based equity growth specialist Weatherbie Capital for an undisclosed sum.
Trump, trade policy and tweets will dominate investor concerns: UBS Wealth Management
With Donald Trump now officially sworn in as the 45th president of the United States, investors and wealth managers alike must begin to take what he says seriously, writes Geoffrey Yu, Head of the UK Investment Office, UBS Wealth Management
Optimism among UK financial services firms continue to decline
Optimism among financial services firms about the overall business situation in the UK has dropped for the fourth consecutive quarter, which is the longest period of declining sentiment since the 2008 financial crunch and the sharpest fall since December 2008, according to a survey by the Confederation of British Industry (CBI) and PwC.
YCAP Asset Management to snap up FOURPOINTS Investment Managers
French boutique YCAP Asset Management has agreed to acquire the investment management business of Franco-American firm FOURPOINTS Investment Managers for an undisclosed sum.
AFH snaps up two UK advisory businesses
AFH Financial Group, a UK-based financial planning led wealth management firm, has acquired the assets of independent financial advisory (IFA) firms Aberdeen Wealth Management and Shield Direct.
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Savills IM names Australia head of investment
Real estate investment manager Savills Investment Management (Savills IM) has appointed Lee Tredwell as its new head of investment in Australia.
Schroders selects Capriza to power digital drive
British fund manager Schroders has chosen technology firm Capriza to enhance digitisation across the firm.
Decoding the future affluent customer may be a recipe for success
Growing market volatility and reduced profit margins have forced private banks to target client segments providing the largest profits. However, some private banks and wealth mangers have also been targeting individuals with the potential to move into a higher wealth bracket, and that may be the recipe for long-term success, writes Ouliana Smith, Head of Content at WealthInsight
BNY Mellon net income surges 29% in Q4
The Bank of New York Mellon (BNY Mellon) has reported net income applicable to common shareholders of $822m for the fourth quarter of 2016, up 29% compared to $637m in the corresponding quarter of 2015.
US, Hong Kong regulators ink cross-border cooperation agreement
The US Securities and Exchange Commission (SEC) has signed a memorandum of understanding (MoU) with the Hong Kong Securities and Futures Commission (SFC) to strengthen cross-border cooperation.