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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

LSEG to buy Citi’s fixed income analytics and index businesses for $685m
By BBR Staff Writer
Citi has agreed to divest its fixed income analytics and index businesses to London Stock Exchange Group (LSEG) for $685m.
Wealth & Assets Management > Asset Management > News
J.P. Morgan to integrate Zcash technology to enterprise blockchain platform
The Zerocoin Electric Coin Company (ZECC), which developed the Zcash digital currency, has partnered with J.P. Morgan to integrate Zcash technology into the financial company's enterprise blockchain platform, Quorum.
News

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.
News
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