Europe
A third way: Turning their backs on commission
James Pearcy-Caldwell, co-founder Aisa, explains why he backs fees over commissions and how his evolving network offers a halfway house for advisers working in Europe.
Bellevue acquires German fund manager StarCapital
Swiss investment company Bellevue Group has acquired independent German fund manager StarCapital in a move that brings its assets under management to CHF7.8bn (£5.6bn, $7.8bn, €7.1bn).
EEA status a bigger issue than Brexit
The big question for international advisers isn’t Brexit but whether or not the UK is granted European Economic Area status, according to the Federation of European IFAs.
FEIFA adds three new members to partnership list
The Federation of European Independent Financial Advisers (FEIFA) has picked up three new member firms since the beginning of January.
Two Swiss private banks agree deal to build global giant
Zurich-based private bank, EFG International, has agreed a deal with Brazilian bank BTG Pactual to buy its Lugarno-based private banking unit BSI, one of the oldest Swiss banks, for about CHF1.33bn ($1.34 bn, £940m) in cash and stock.