The Swiss bank’s assets under management were largely flat compared with the end of last year.
Category: Business moves
Allfunds launches private asset investments platform
The B2B wealthtech company launched a dedicated team to help distributors access alternative investments earlier this year.
M&G Investments expands to Taiwan
The company has named Berny Lin as chairman of the board of directors for M&G Taiwan as well as Steven Wang as general manager.
UBS completes acquisition of Credit Suisse
Deal offers clients ‘enhanced global offering, broader geographic reach and access to even greater expertise’.
Hong Kong launches family office network
The new initiative will bring together lawyers, trust companies, accountants, private banks and more.
Schroders gets nod for public fund business in China
The fund management company will be able to manage both public and private funds in China.
Sequoia to spin off China, India/southeast Asia businesses
The two new businesses will come into effect by 31 March next year.
Allfunds and Endowus partner on fund brokerage platform
Hong Kong investors can now access over 160 funds distributed by Allfunds on Endowus’ digital wealth management platform.
Value Partners seals strategic investment from GF Securities
GF Securities is expected to hold a 20.2% stake in Value Partners upon completion.
Abrdn sells stake in Indian life insurer
Company will get around £198m from the share buyback process.
