Private equity firm Permira mulls sale of its $1.5bn stake in Evelyn Partners
Evelyn Partners saw assets under management, administration grow to a record high of £61.8bn in Q1 this year
DeVere New Zealand ‘censured over conduct’ while advising clients on UK pension transfers
The FMA acknowledged deVere’s cooperation to date, its desire to meet in full all its obligations, and its efforts to remedy the breaches
Prudential Singapore’s adviser headcount ‘to grow’ from 800 to 1,500 by end 2025
Singapore had 333,204 millionaires in 2023, and this number is expected to increase by 13% to 375,725 in 2028
MAS lines up S$100m boost for quantum, AI push in Singapore financial sector
Quantum technology was a ‘rapidly advancing field’ with significant potential to transform financial industry
US-headquartered AI wealth platform backed by top asset managers launches in India
The platform has also added a strategic investment from DSP Group