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Wealth & Assets Management

OCBC Bank to buy NAB’s private wealth business in Singapore and Hong Kong OCBC Bank has agreed to acquire National Australia Bank’s (NAB) private wealth business in Singapore and Hong Kong. Banking Services > Retail Banking > News

Latest Wealth & Assets Management News by Sector

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Asset Management

Falcon to enter blockchain asset management market with Bitcoin
Swiss private bank Falcon Group will provide blockchain asset management solutions for its clients through a new partnership with Bitcoin Suisse.
Allianz divests stake in Oldenburgische Landesbank
Allianz Deutschland has divested its entire stake in Oldenburgische Landesbank (OLB), amounting to about 90.2% of the bank.

Hedge Funds

Northern Trust partners with AltX for hedge fund intelligence
Northern Trust and AltX have entered into an exclusive agreement to offer Northern Trust’s global institutional clients access to the largest ever amount of structured and unstructured data for hedge funds, on one platform.
Wealth & Assets Management > Hedge Funds > News
iCapital Network purchases HedgeFocus business from Credit Suisse
By BBR Staff Writer
iCapital Network, a financial technology platform which offers simplified access to alternative investments, has acquired the HedgeFocus business from Credit Suisse.
Wealth & Assets Management > Hedge Funds > News

Private Equity

GTCR to acquire Sage Payment Solutions
Private equity firm GTCR has agreed to acquire Sage Payment Solutions (SPS) for $260m.
SoftBank to acquire Fortress Investment for $3.3bn
By BBR Staff Writer
Japan-based SoftBank has agreed to acquire US investment management firm Fortress Investment for about $3.3bn.
Wealth & Assets Management > Private Equity > News

Mutual Funds

India Post gets clearance for payments bank services
By BBR Staff Writer
The Indian government has cleared a proposal for the India Post to launch payments bank services by March 2017.
Banking Services > Retail Banking > News
Natixis Global Asset Management launches new sustainable equity mutual fund
Natixis Global Asset Management launched the Mirova Global Sustainable Equity Fund (ESGMX), a global equity mutual fund managed by Natixis AM U.S. with reliance on Mirova.
Wealth & Assets Management > Mutual Funds > News