Asia
Perpetual buys Sydney and Melbourne-based wealth firm
Deal adds A$915m of funds under advice to the group
Praemium names chief executive
He replaces Michael Ohanessian who left the company in May 2021
Affluent clients prefer alternative providers
Only 27% in APAC prefer to use traditional banks and building societies to manage investments
UBS launches Japan wealth management JV
It has operations in Tokyo, Osaka and Nagoya
PEOPLE MOVES: Canada Life, DFSA, Brooks Macdonald
Senior manager leaves life insurer after 11 years, as Dubai regulator names chief executive