The office will provide independent advice and innovative solutions to ultra-high-net-worth families.
Category: Business moves
Newton IM completes integration of BNY Mellon’s Japan equity team
The integration is part of BNY Mellon’s decision in 2021 to transfer over its active and multi-asset fund management capabilities to its subsidiaries.
AIA launches wealth management unit in the Philippines
The launch is part of AIA Philippines’ rebrand from Philam Life.
St James’s Place to close Shanghai office
Firm will ‘continue to invest in and grow’ its operations in Hong Kong and Singapore.
UBS in talks over fund licence in China
UBS is only the latest foreign firm to throw its hat in the ring in China by seeking to apply for a mutual fund licence.
Fidelity receives nod to launch China retail fund
This comes a day after Neuberger Berman got its approval.
Mizuho forms pact with Lombard Odier to target Japan’s wealthy
The strategic alliance builds on the partnership struck between the two institutions’ Singaporean subsidiaries in 2018.
Fund Selector Asia and sister titles sold to the Mark Allen Group in £6.5m deal
The acquisition includes the Asia business but not US-based InvestmentNews.
AllianceBernstein cuts workforce by 4%
AllianceBernstein has cut approximately 4% of its global workforce with Asia unspared from the retrenchment.
