All articles by Verdict Staff
Verdict Staff
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.
Manulife AM names new head of affiliate wealth for Asia
Manulife Asset Management (Manulife AM) has named Shirley Lam as new Asia head of wealth, affiliate wealth, and asset management.
AXA Group selects AXA Wealth as European multi-manager investment centre
French investment banking firm AXA Group has selected AXA Wealth as its European multi-manager investment centre.
Mirabaud registers 12% rise in H1 net income
Mirabaud, a Swiss wealth and asset management group, has posted consolidated net income of CHF19.6m for the first half of 2015, up 12% compared to CHF17.5m in the year ago period.
Pengana Capital signs distribution deal with PanAgora Asset Management
Australian funds manager Pengana Capital has signed a distribution agreement with US quantitative manager PanAgora Asset Management to stregthen its investment solutions with a suite of quantitative offerings.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Colonial First State grants $55m small-cap mandate to 8IP
Australia-based wealth manager Colonial First State has awarded a $55m mandate to investment manager Eight Investment Partners (8IP) to manage its Australian small-cap portfolio.
RLAM head of wholesale to step down
Royal London Asset Management (RLAM) head of wholesale Ian Goulsbra is set to leave the firm to join Canada Life Investments on 1 September 2015.
Pictet H1 profit up 11%
Swiss private bank Pictet has posted a consolidated net profit of CHF226m for the first half of 2015, an increase of 11% compared to CHF202m in the year ago period.
Arabesque Partners names new vice chairman
Arabesque Partners, an Anglo-German asset management firm, has named Georg Kell as new vice chairman, subject to FCA approval.
Aberdeen unveils new $500m liquid alternative strategies fund
Aberdeen Asset Management has unveiled a new Liquid Alternative Strategy fund aimed to offer investors exposure to a portfolio of alternative strategies.