Tavistock Investments ends Lighthouse tie-up after Quilter deal
UK-based Tavistock Investments has scrapped its strategic partnership with advice firm Lighthouse. The decision will take effect immediately. “This is…
Month: May 2019
HSBC to axe hundreds of investment banking jobs
British banking group HSBC is planning to shed hundreds of jobs at its investment banking arm in a bid to…
Goldman Sachs launches new India office
American investment bank Goldman Sachs has invested $250m to launch a new office in Bengaluru, India. Covering an area of…
Charles Stanley annual profit dips though FuM rises
British wealth manager Charles Stanley has reported pre-tax profit of £11m for the year ended 31 March 2019. This is…
Vista Equity Partners to take over Black Mountain Systems
US-based investment firm Vista Equity Partners has agreed to acquire Black Mountain Systems, a technology provider for credit investors and…
Morningstar to purchase credit ratings agency DBRS in $669m deal
US-based investment research provider Morningstar has agreed to buy Canadian credit ratings agency DBRS for $669m. Ranked as the fourth…
Strengthening personal relationships will help retain HNW clients
As innovative business models emerge in the wealth management industry, retention is becoming increasingly challenging for wealth managers, according to…
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BlackRock unveils new range of multi-asset portfolios
US-based asset manager BlackRock has introduced a new range of multi-asset portfolios, which aims to match investors’ varied risk appetite.…