M&A Deals
Meyado acquires assets of Portfolio Builders in Singapore
Meyado Private Wealth Management, which is headquartered in London, said its Singapore operation has bought the assets of local financial advisory firm Portfolio Builders for an undisclosed sum.
Bedell Trust plans int’l markets push funded by buyout
Jersey-headquartered Bedell Trust has announced a management buyout of its business by private equity firm Inflexion, to fund expansion in to Asia after recently acquiring a majority stake in the Singapore Trust Company (STC).
Allianz sells S. Korean life insurance and investment arms
Allianz has agreed to sell its South Korean life insurance unit and Allianz Global Investors Korea to China’s Anbang Insurance Group.
RL360° rebrands CMI after acquisition
The RL360° Group has rebranded its recently acquired firm Clerical Medical International Insurance Company (CMI) as RL360° Services, the insurer has announced.
Standard Life’s 1825 buys London-based IFA Baigre Davies
Standard Life’s 1825 has announced its third acquisition in three weeks after agreeing to buy London-based IFA Baigre Davies – shortly after confirming the purchase of Scottish wealth management advice business Munro Partnership and Norwich-based Almary Green.