SocGen, AllianceBernstein to set up equities JV
Societe Generale (SocGen) has announced a plan to form a global equities joint venture (JV) with AllianceBernstein, a US-based investment…
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US regulator penalises Goldman Sachs Asset Management over ESG norms violation
The US Securities and Exchange Commission (SEC) has imposed a $4m fine on Goldman Sachs Asset Management (GSAM) over non-compliance…
Westwood closes $60m acquisition of Salient’s asset management arm
US-based investment management boutique firm Westwood has concluded a deal to purchase the asset management business of Salient Partners for…
iA Private Wealth launches operation as RIA firm in US
iA Private Wealth, a subsidiary of iA Financial Group, has announced the launch of its sister concern to serve clients…
Schroders Personal Wealth names new CEO of ACD unit
Schroders Personal Wealth (SPW) has appointed Dominic Sheridan as CEO of its Authorised Corporate Director (ACD) arm. Post-appointment, which awaits…
Focus Financial Partners to boost Midwest presence with Spectrum
Focus Financial Partners has joined forces with Indianapolis-based Spectrum Wealth Management to strengthen its reach in the Midwest. Spectrum is…
UBS and partners launch new wealth analysis tool for ultra-rich US clients
UBS has introduced a new tool that will offer ultra-wealthy clients in the US with a consolidated and real-time picture…
Azimut US to buy 35% stake in Kennedy Capital Management
Italian asset manager Azimut Group’s US subsidiary has reached a strategic agreement to buy a 35% stake in Kennedy Capital…