Truinvest swoops on two financial planning firms
Truinvest, a UK-based financial services firm established by former Mattioli Woods executives Mark Smith and Micky Johal last year, has…
Month: June 2020
Ravenscroft to buy WH Ireland’s Isle of Man arm
Investment manager Ravenscroft has agreed to acquire WH Ireland’s Isle of Man subsidiary. Under the agreement, Ravenscroft will buy 100%…
Empower Retirement to snap up Personal Capital in $1bn deal
Retirement services provider Empower Retirement has agreed to buy wealth manager Personal Capital in a transaction worth up to $1bn.…
China announces cross-border wealth management investment scheme
China has announced plans to introduce a pilot programme to enable cross-border investment in wealth management products (WMPs) between Hong…
Nomura Securities unveils new asset management app
Nomura Securities, a unit of Japanese brokerage Nomura, has partnered with software firm Money Forward to roll out its new…
Generali eyes acquisition of US asset manager Brightsphere
Italy’s Generali has shown interest in buying US asset manager Brightsphere Investment Group, reported Reuters. Brightsphere, a Boston-based holding firm…
UBS rolls out ESG-focused global corporate bond ETF
UBS Asset Management has unveiled a global corporate bond ETF, which will utilise an ESG filter to integrate sustainability into…
NAB hires new head of business & private banking unit
National Australia Bank (NAB) has appointed Andrew Irvine as the group executive of its business & private banking unit, effective…