All articles by Verdict Staff
Verdict Staff
Investor sentiment in UK property falls as gold is on the rise: Lloyds
Investor confidence in UK Property saw the second-biggest month-on-month downward swing this month, down six percentage points according to the Lloyds Bank Private Banking Investor Sentiment Index, while still retaining its status as the highest-scoring asset class at 46 percent.
IRESS launches new version of its wealth management solution
IRESS, a provider of wealth management system in Australia, has launched an updated version of its wealth management and advice solution XPlan for advisors.
METIS Financial Network launches new marketing and management platform for funds
METIS Financial Network has launched a new alternative investment marketplace, METIS Fund Portal.
Millennials set to be a lost generation for financial services: CEB
Americans aged 18-29 (closely corresponding with the Millennial generation) are the most pessimistic about their financial situations compared to any age group measured by CEB.
BNP Paribas IP launches new alternatives business
BNP Paribas Investment Partners (BNPP IP) has launched a new alternatives business, called BNP Paribas Capital Partners (BNPP CP), from its old private equity unit.
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Chinese state broadcaster accuses Bank of China of money-laundering
China Central Television (CCTV) has accused the Bank of China of illegally helping rich clients move money overseas and converting it into other currencies through a product called ‘Youhuitong.’
Credit Suisse to share names of 1,000 employees with US agencies -report
Credit Suisse is, reportedly, set share the names of more than 1,000 employees with US agencies probing unlawful money transfer into Swiss bank accounts by American citizens.
Raymond James lures US$575 million advisory team from UBS
Raymond James Financial has lured a team of financial advisors from UBS Financial Services that managed more than US$575 million in client assets.
Ashmore Group AuM rises to US$75 billion in Q4
Ashmore Group, a British specialist emerging markets asset manager, has said that its assets under management (AuM) in the fiscal fourth quarter increased to US$75 billion through a combination of net inflows totalling US$1.6 billion and positive investment performance of US$3.3 billion.
Hong Kong’s SFC fines Ping An of China Securities $6 million over internal control failures
The Securities and Futures Commission (SFC) of Hong Kong has reprimanded Ping An of China Securities Company and fined it $6 million over serious internal control deficiencies and other matters.