Regions
Alternatives | 30 Nov 15
Pictet AM adds Asian market neutral fund
Pictet Asset Management has expanded its Total Return fund range with the launch of PTR-Phoenix, an equity market neutral fund investing in Asia.
New European funds down and more consolidation expected
The European fund universe contracted during Q3 2015, with 646 funds liquidated or merged and only 453 new products launched, according to Lipper, a Thomson Reuters company.
Zurich withdraws from life business in Singapore
Zurich International Life, part of the Swiss-based Zurich Insurance Group, has announced that it will stop writing new business in Singapore from Tuesday, 1 December.
Davy consolidates N. Ireland presence with acquisition
Davy Private Clients (UK), the wealth management and financial planning division of Dublin-headquartered Davy Group, is to acquire Northern Irish wealth management firm Pension & Financial Consultants (PFC) for an undisclosed sum.
United Kingdom | 27 Nov 15
PraxisIFM makes third acquisition in two months
Guernsey-based independent financial services group PraxisIFM announced that it has acquired London-based closed-ended fund administrator Cavendish Administration for an undisclosed sum.