Industry
Private equity firm Permira mulls sale of its $1.5bn stake in Evelyn Partners
Evelyn Partners saw assets under management, administration grow to a record high of £61.8bn in Q1 this year
DeVere New Zealand ‘censured over conduct’ while advising clients on UK pension transfers
The FMA acknowledged deVere’s cooperation to date, its desire to meet in full all its obligations, and its efforts to remedy the breaches
Lennertz & Co names Achim Uebele as head of family office in Hamburg
He began his career at a former subsidiary of Commerzbank, and then moved to UBS Switzerland’s wealth management in Zurich
MAS lines up S$100m boost for quantum, AI push in Singapore financial sector
Quantum technology was a ‘rapidly advancing field’ with significant potential to transform financial industry
US-headquartered AI wealth platform backed by top asset managers launches in India
The platform has also added a strategic investment from DSP Group