All articles by Verdict Staff

Verdict Staff

Stifel lures US$170 million advisory team from UBS

Stifel, Nicolaus & Co has lured a team of two financial advisors from UBS Securities that managed US$170 million in client assets.

It is time for asset management industry to shine – KPMG report

Opportunities abound for the global asset management industry as the shrinking of the banking sector has thrust asset management to the heart of global capital flows and the pace of regulatory change is starting to ease off, according to a new KPMG report.

Discretionary funds offer high returns but systematic funds deliver superior risk-adjusted performance

New research from Preqin shows that although discretionary funds tend to outperform systematic funds when markets are rising, systematic funds can provide benefits in terms of lower volatility and higher risk-adjusted returns.

Atlantic Trust hires new managing director in New York

Atlantic Trust, a US-based private wealth management unit of CIBC, has hired Amanda Marsted as new managing director and senior relationship manager in the firm’s New York office.

HSBC names new European head of regulatory compliance

HSBC Holdings has named Alison Hewitt as new European head of regulatory compliance.

StatPro supplying performance and risk management services to Capita Asset Services

StatPro Group, a provider of cloud-based portfolio analytics and data solutions for the global asset management industry, has announced that having secured a contract earlier in the year with Capita Asset Services, a fund administrator, its service is now live.

Credit Suisse expands private banking team in Italy

Credit Suisse has expanded its private banking team in Italy by hiring Guido Alfredo Terrigno and Nicoletta Macchiavelli as private bankers.

AssetLogic unveils new web-based service for fund managers

US-based AssetLogic Group has unveiled a new web-based service for fund managers at the FundForum International in Monaco.

Ignis chief executive to step down ahead of official takeover by SLI

Ignis Asset Management chief executive Chris Samuel is all set to leave the group as its acquisition by rival Standard Life Investments (SLI) nears completion.

Canadian baby boomers express concern about outliving their retirement savings

According to a new Scotiabank study, the top priorities for Canadian baby boomers for retirement is living comfortably and having the health to enjoy it; however, 44% express concern about outliving their retirement savings.