All articles by Verdict Staff
Verdict Staff
JBWere names new philanthropic services head
Australian wealth manager JBWere has named Shamal Dass a new head of philanthropic services, replacing David Knowles.
Citibank introduces new banking service for emerging affluent in Hong Kong
Citibank has launched a new banking service in Hong Kong called, Citi Priority, to lure emerging affluent clients with assets under management of between HK$500,000 and HK$1.5m.
Finvex Group buys alternative UCITS funds data provider LuxHedge
Finvex Group, a Brussels-based financial consulting firm, has purchased a 100% stake in LuxHedge, a Luxembourg-based alternative UCITS funds data provider, for an undisclosed sum.
Aberdeen Asset Management completes acquisition of FLAG Capital
Aberdeen Asset Management has completed the purchase of FLAG Capital Management, a private markets manager with offices in Stamford, Boston and Hong Kong, to boost its alternatives business.
Wealth manager Archford Capital buys Deschaine & Company
Wealth management firm Archford Capital Strategies has purchased Deschaine & Company, an investment management firm led by Marnie Deschaine and her late husband Mark Deschaine, for an undisclosed sum.
Vanguard names new institutional sales head for Singapore
Vanguard, a mutual fund company, has named Heston Goh as new head of institutional sales for Singapore.
Indian fair trade regulator approves Fairfax proposal to acquire 26% in IIFL Holdings
Competition Commission of India (CCI) has approved the Canadian investment holding company Fairfax’s proposed acquisition of 26% stake in IIFL Holdings.
BMO Investments launches new retirement portfolios for Canadian retirees
BMO Investments (BMOII) has launched a series of investment solutions designed to help those in or near retirement preserve and provide potential to grow their wealth.
SYZ Group completes acquisition of RBCs Swiss private banking business
SYZ banking group has completed the acquisition of Royal Bank of Canada (Suisse), the Swiss private banking business of RBC.
Savills completes SEB Asset Management acquisition
Nordic financial services group SEB has completed the sale of Frankfurt-based SEB Asset Management, including its main subsidiary SEB Investment to Savills, a real estate advisory firm, for EUR21.5m (£15.6m) in cash.