All articles by Verdict Staff

Verdict Staff

Hokanson Associates signs agreement to merge with Aspiriant

Hokanson Associates, a San Diego-based wealth management firm, has signed an agreement to merge with wealth manger Aspiriant by year-end 2015.

American G-SIB implements AxiomSL for LCR reporting in Germany, France and UK

An American global systemically important bank (G-SIB) has implemented AxiomSL’s platform in Germany, France and the United Kingdom (UK).

Fairstone Group buys South West Financial Planning

Financial planning firm Fairstone Group has purchased Devon-based advice firm South West Financial Planning for an undisclosed sum.

Fiera Capital partners with Nissay AM to foray into Asia-Pacific market

Canadian asset manger Fiera Capital has partnered with Japan-based Nissay Asset Management (Nissay AM), the investment management arm of Nippon Life Insurance, to foray into the Asia-Pacific market.

Tullett Prebon in talks to buy global broking business of ICAP

British interdealer broker Tullett Prebon has acknowledged that it is in talks to acquire the global broking business of its rival ICAP.

AMG to buy BlueCrest’s stake in Systematica Investments

US-based asset management firm Affiliated Managers Group (AMG) has agreed to acquire majority stake in Systematica Investments from BlueCrest Capital Management.

Towry names new CFO

British wealth manager Towry has hired Wadham Downing as new chief financial officer, replacing Paul Wright.

United Capital buys wealth management unit of PSA Insurance

United Capital Financial Advisers has acquired the wealth management practice of PSA Insurance & Financial Service for an undisclosed sum.

Commercial Bank International introduces Islamic banking window

Dubai-based Commercial Bank International (CBI) has launched its Islamic banking window, called Al Islami.

Fairfax’s HWIC to acquire 49.2% stake in Quantum Advisors

HWIC Asia Fund, an affiliate of Fairfax Financial Holdings, has agreed to acquire 49.2% stake in Quantum Advisors, which manages money for foreign investors and is the investment manager of Quantum Mutual Fund, for an undisclosed sum.