All articles by Verdict Staff
Verdict Staff
Legg Mason to unveil Brandywine global credit fund
US-based Legg Mason Global Asset Management is reportedly planning to roll out a global credit fund for one of its affiliates.
Morningstar Korea names new CEO
Morningstar Korea, a subsidiary of Morningstar Inc, has named Jung-Tae Chae as the new chief executive officer, replacing Jason Yoon.
ANZ names new CFO for international and institutional banking
The Australia and New Zealand Banking Group (ANZ) has named Mary MacLeod as new CFO for international and institutional banking, effective October 2014.
Meketa Investment Group opens new office in Portland
Meketa Investment Group, a US-based investment consulting and advisory firm, has opened a new office in Portland, Oregon.
Guaranty Bank and Trust buys Cherry Hills Investment Advisors
Guaranty Bank and Trust Company has acquired privately held Cherry Hills Investment Advisors, a Greenwood Village-based investment management firm serving the financial planning and investment management needs of individuals and families.
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Sothebys Asia auction sales achieve HK$3.82 billion / US$490 million
Sotheby’s Asia auction sales achieve HK$3.82 billion / US$490 million leading all international auction houses in the region up nearly 50% on the same period last year.
PIMCO names new head of Asia Pacific
PIMCO has appointed its former global head of PIMCO Advisory as its new head of Asia Pacific, an area that includes the Hong Kong, Singapore, Sydney and Tokyo offices.
Boston Private Bank to buy wealth manger Banyan Partners
Boston Private Bank & Trust Company, owned by Boston Private Financial, has agreed to purchase all of the assets of Banyan Partners, a US-based independent registered investment advisory firm with over US$4.3 billion in client assets.
Nomura adopts NRI’s offerings for investment advisory business
Nomura Asset Management (NAM) has selected Nomura Research Institutes (NRI) T-Star solution suite to support its investment advisory business.
CFA Institute calls for greater transparency in bank reporting
A new study by CFA Institute suggests that better reporting of risk, timely loan write-downs on balance sheets, and investor access to comparable reporting of information across jurisdictions, will improve transparency and reduce investor risk aversion towards the banking sector.