Data Insights
Murray & Co purchases Rose Capital
New Zealand-based boutique merchant bank Murray & Co has acquired Queenstown-based private wealth management business Rose Capital Management for undisclosed sum.
Brooks Macdonald appoints new director of investment management
Brooks Macdonald Asset Management has appointed Daniel Good as new investment management director for its Leamington Spa office.
Citibank to further expand OBU wealth management business in Taiwan
Citibank Taiwan has partnered with Allianz Global Investors Hong Kong, Value Partners and China Asset Management (Hong Kong) to further expand in Taiwan's offshore banking unit (OBU) wealth management business.
Kinetic Partners offers firms EMIR Checklist
Kinetic Partners, the global professional services firm, has designed the Health Check to be applicable to firms of all sizes as they prepare for the 12th February 2014 EMIR deadline.
Record favourability from intermediaries towards European and UK equities: Baring Asset
Sentiment towards European and UK equities from intermediaries is at a record high, according to the Baring Asset Management Investment Barometer.
FE Adviser Fund Index panellists double property allocation
A panel of the UK's leading financial advisers and wealth managers have recommended that balanced and cautious investors double their exposure to property to over 4% from 2%, in the rebalancing of the FE Adviser Fund Indices.
MoF, DMCC sign MoU on international standards of transparency and exchange
The Ministry of Finance (MoF) has signed a memorandum of understanding (MoU) with Dubai Multi Commodities Centre (DMCC), which will work towards ensuring international standards of transparency in the exchange of information for tax purposes.
Maybank names new CEO of Maybank IB and Maybank Kim Eng Group
Malayan Banking Berhad (Maybank) has named John Chong as CEO of Maybank Investment Bank Berhad (Maybank IB) and Maybank Kim Eng Group with immediate effect.
ASIC cancels Capital Advisers' AFS license
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian Financial Services (AFS) license of Capital Advisers for entering into liquidation.
Seven Capital Management unveils new BlackSnake fund
Seven Capital Management has received approval from the Luxembourg financial regulator, CSSF, to launch its Luxembourg-domiciled BlackSnake fund, an AIFM-regulated alternative investment fund (AIF).
SP Advisors buys Beaufort International Associates in London
Ukraine-based investment firm SP Advisors has strengthened its presence in London by purchasing a stake in Beaufort International Associates (BIAL).
Standard Chartered hoping to offload Swiss private bank
Standard Chartered is looking for a buyer for its Swiss private bank, according to a source familiar with the process.
National Advisors Trust restructures management team
National Advisors Trust, a US-based trust and custodial services provider, has restructured its management team with senior hires.
SunGard launched cloud-based order processing and control solution
SunGard has launched Asset Arena Data Connect a cloud-based order processing and control solution for hedge fund managers, private equity firms and fund administrators.
Walker Crips records 33% surge in client assets in Q3
UK-based wealth management firm Walker Crips Group has reported that its assets under management (AuM) were £1.25 billion for the fiscal third quarter ended 31 December 2013, an increase of 33% compare with £0.94 billion a year ago.
SGPB revenues rise 19% in 2013
Société Générale Private Banking's year revenue for 2013 hit EUR 858, a 19% rise from the same period last year.
RBC Wealth Management poaches six advisers from Morgan Stanley-report
RBC Wealth Management, a unit of RBC Capital Markets, has expanded its team in Austin by poaching six financial advisers from Morgan Stanley, according to a report from Reuters.
Exelsuper acquires Oxford Financial Services
Exelsuper, an Australian self managed superannuation firm, has purchased 100% stake in US-based Oxford Financial Services to expand its financial planning business.
Exclusive: Lombard Odier to double UK assets under management
Swiss private bank, Lombard Odier, has revealed ambitious plans to double UK assets under management within the next two-three years.
China Life Asset Management selects Markit for enterprise data management platform
China Life Asset Management Company (CLAMC) has selected Markit, a UK-based financial information services company, for enterprise data management (EDM) platform.