All articles by Verdict Staff
Verdict Staff
Grosvenor Capital to acquire Credit Suisse’s private equity business
Grosvenor Capital Management has agreed to acquire Credit Suisse’s private equity business Customized Fund Investment Group (CFIG).
Easton Investments acquires stake in Singapores AAM Advisory
Australias Easton Investments is expanding its presence in Southeast Asia with the acquisition of a 19.9% stake in Singapore-based AAM Advisory.
Underlying loss shrinks at Lloyds wealth, asset finance and international division in H1
The wealth, asset finance and international division of Lloyds Banking Group has reported an underlying loss of £101 million for the first of 2013, a declines of 86% from £706 million loss reported a year ago.
Dubai Financial divests stake in Bank Islam
Dubai Financial Group, a subsidiary of Dubai Group, has agreed to divest its 30.5% stake in Bank Islam to BIMB Holdings for US$550 million.
Financial services continues to be the most important industry for British millionaires
This press release is part of a series of annual updates on major markets for 2012/2013. It follows on from WealthInsight’s report on United-Kingdom, entitled: United Kingdom The Future of HNWIs to 2017: Capital of Wealth and Finance.
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Sun Life Global Investments launches new corporate class funds
Sun Life Global Investments has launched corporate class funds which the company claims are a tax-efficient solution for non-registered assets.
SPF Private Clients hires new head of financial planning and investments
SPF Private Clients has appointed Mark Chipperfield as new head of financial planning and investments.
Former World Bank president joins Temasek board
Temasek Holdings (Private) Limited has appointed Mr Robert B Zoellick to its Board of Directors, with effect from 15 August 2013.
HSBC distributes domestic funds in China
HSBC China, which received approval from the China Securities Regulatory Commission (CSRC) Shanghai to distribute domestic funds to retail investors in China, has started distributing domestic funds on 1 August 2013, according to The Asset.com.
JP Morgan Sterling Corporate Bond fund manager to leave the group
JP Morgan Asset Management Sterling Corporate Bond fund manager John Anderson is to leave the group pending a manager change.