All articles by Verdict Staff

Verdict Staff

Jersey Finance names business development director for GCC

Jersey Finance has named Cormac Sheedy as its business development director for the Gulf Cooperation Council (GCC), based in Dubai.

Smith & Williamson makes new hire to grow family office business

Smith & Williamson, a UK-based investment management, accountancy and tax group, has appointed Rupert Phelps as a partner to lead the growth of its family office business.

Auction house Sotheby’s creates new luxury division

Global auction house Sotheby’s has launched a new luxury & lifestyle division, which will be headed by Maarten ten Holder.

Morgan Stanley to use Addepar’s technology to better serve ultra rich clients

Morgan Stanley has partnered with data-aggregation company Addepar to enable its Private Wealth Management teams to offer differentiated service to HNW clients.

PSBC partners with IBM to roll out blockchain-based asset custody system

The Postal Savings Bank of China (PSBC) has partnered with tech giant IBM to introduce blockchain-based asset custody system.

InvestCloud snaps up UK fintech firm Babel Systems

California-based technology platform InvestCloud has acquired London-based fintech firm Babel Systems in a $20m deal.

E Fund Management, SSGA partner to explore strategic opportunities globally

China’s E Fund Management and State Street Global Advisors (SSGA), the asset management arm of State Street, have inked a memorandum of understanding to jointly explore strategic opportunities across global markets, including China’s fund management industry.

Legg Mason subsidiary becomes signatory of UN-supported Principles for Responsible Investment

Brandywine Global Investment Management, a wholly owned subsidiary of Legg Mason, has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI).

RIAs plan to ramp up marketing and technology spending: TD Ameritrade survey

After strong growth in 2016, independent registered investment advisors (RIAs) in the US are highly optimistic that their firms will see continued success in 2017 and will be flexing their marketing muscles to help make it happen, according to a survey report published by TD Ameritrade Institutional.

Northern Trust hires transition management head for EMEA

Northern Trust has appointed Craig Blackbourn as head of transition management for Europe, Middle East and Africa (EMEA).