Companies
Market volatility weighs on DBS’s wealth management division
Net fee and commission income from DBS Group Holdings’ wealth management division fell by 4% during the third quarter, compared with the same quarter last year.
ANALYSIS: Will US banking giants shake up the market?
When a name like Goldman Sachs enters the retail space with its asset management arm, and actively courts financial advisers as one of its distribution channels, the industry should sit up and notice.
PraxisIFM to acquire Confiance
PraxisIFM, a Guernsey-based independent financial services group, announced that it plans to acquire Guernsey-based financial services company Confiance Limited for an undisclosed sum.
Standard Life Investments’ AUM rise sharply
The asset management arm of insurance giant Standard Life announced on Wednesday that its assets under management rose sharply in the first nine months of 2015 as a result of strong inflows from the UK, Europe, and North America.
New Sparta establishes US presence
Specialist emerging market investment manager New Sparta Asset Management (NSAM) has announced the establishment of its US presence; which will be headed by managing director Mark Weiller.