News
Keppel Corp to consolidate asset management business
Singapore-based Keppel Corporation plans to consolidate its four asset management businesses under wholly-owned subsidiary Keppel Capital, in a move that could see the company venturing into regulated investment and asset management activities.
Emerging Markets | news 25 Jan 16
Griffon Capital launches Iran flagship fund
Iran-focused asset management and private equity group Griffon Capital has launched Cayman Island-domiciled Griffon Iran Flagship Fund to tap into Iran’s public equity market.
Northstar plans Middle East and Africa expansion
Bermuda-based Northstar Financial Services has announced plans to begin operating in the Middle East and Africa from a new office in Dubai.
Aberdeen tops ‘dog funds’ list
Aberdeen Asset Management has the largest number of so-called ‘dog funds’ under its watch, according to Tilney Bestinvest’s latest ‘Spot the Dog’ report.
Three buys for Legg Mason as costs rise
Baltimore-headquartered Legg Mason Global Asset Management announced Friday that it has acquired majority stakes in EnTrust Capital and Clarion Partners and a minority stake in Precidian Investments, as it seeks to diversify its offering in the face of rising costs.