Companies
Noah aims to be China’s global private bank
Developing a global family office unit and offering discretionary mandates are part of Shanghai-based Noah’s strategy to become a global Chinese wealth manager, according to William Ma, co-chief investment officer in Hong Kong.
Guernsey wealth manager swoops on $1.7bn in US assets
Guernsey-based European Wealth, an integrated wealth management group, is to acquire a US broker network with US$1.7bn (€1.44bn,£1.29bn) assets under management and re-brand itself.
Praxis buys Netherlands trust business
PraxisIFM, the Channel Islands-based trust, funds and corporate services firm, has bought the Netherlands’ Kompas International for an undisclosed sum, adding to an already extensive global footprint.
Record Q3 inflows at Praemium says reinstated CEO Ohanessian
Investment platform Praemium has posted third quarter inflows of just under £100m for its international business, making the period its third best three months for non-domestic markets.
Oxford Risk partners consultancy to evolve risk tools
Oxford Risk and behavioural finance consultancy Centapse have entered into a partnership to develop new risk profiling tools in a bid to become “the essential reference point for financial advisers”.