Summit Financial picks minority stake in Advocus Private Wealth
Summit Financial has acquired a minority stake in the newly formed independent advisory team Advocus Private Wealth, which serves athletes,…
ByMonth: September 2021
Mercer Advisors buys Texas-based wealth manager Quest Capital
Mercer Global Advisors has acquired Texas-based wealth management firm Quest Capital for an undisclosed amount. Founded in 1987, Quest offers…
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Marathon Asset Management purchases distressed developer Evergrande’s debt
Marathon Asset Management is reportedly purchasing debt issued by Chinese developer Evergrande, which is on the brink of default with…
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Abrdn offloads 5% stake in India’s HDFC AMC
British investment manager Abrdn, formerly known as Standard Life Aberdeen, has sold a 5% stake in India-based HDFC Asset Management…
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Canada’s banking and payments industry IT recruitment activity rises 7.6% in August 2021
Canada’s banking and payments industry registered a 7.6% rise in IT hiring activity in August 2021 when compared with the…
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SEC proposes new rule requiring asset managers to disclose proxy votes
The US Securities and Exchange Commission (SEC) has proposed a new rule that would need investment companies to disclose additional…
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UK banking and payments industry IT recruitment activity rises 5.4% in August 2021
The UK’s banking and payments industry registered a 5.4% rise in IT hiring activity in August 2021 when compared with…
By Barclays’s IT hiring activity rises 12.5% in August 2021
UK-based company Barclays IT hiring rose 12.5% in August 2021 when compared with the previous month, according to GlobalData’s Job…
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