Business moves Archives - Page 16 of 56

Calastone partners with WeLab Bank to automate funds transaction

Calastone’s tie-up with WeLab will help improve the efficiency and cost effectiveness of the bank’s digital wealth advisory services.

JP Morgan Asset Management gets the nod to complete its acquisition of China International Fund Management.

The move aims to enhance the wealth adviser’s capabilities in southeast Asia.

The asset manager also appointed a head of sales for north Asia.

It is only the second asset manager to have both a wholly owned fund management company and a majority-controlled wealth management joint venture.

The new contact office will be based in Jeonju and is designed to strengthen ties with NPS.

Calastone estimates that it provides automated cross-border fund processing to over 80% of fund distributors in the Taiwanese market.

UK-headquartered bank is bolstering its alternatives offering via a business transfer agreement with Green Transition Partners.

The bank plans to establish two more wealth management offices in 2023.

Investors can build their own investment profile using the Value Partners Invest mobile application.