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Fri 24th May 2013 |

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Farrer makes private client leadership changes 23/05/2013 Jim Edmondson is moving from his role as partner and head of Farrer & Co�s private client department to become a full time consultant to the firm continuing his client facing role as part of a partial restructuring of the management of the department. Investec Wealth business reports solid profit increase 23/05/2013 Investec's Wealth & Investment businesses is looking to equites and efficiencies to build on a solid 30 percent increase in profit for the year ending 31 March 2013. Withers and Speechly Bircham call off merger talks 23/05/2013 Leading law firms Withers and Speechly Bircham have said that merger talks that were first announced in March this year have been called off after both firms agreed that a merger would not be advantageous for either party. Aberdeen Asset Management completes US acquisition 22/05/2013 Aberdeen Asset Management has completed the acquisition of Artio Global Investors Inc, a US publicly listed asset manager. Private banks offer the most growth potential for mutual fund sales 21/05/2013 Private banks offer the most growth potential for mutual fund sales to institutional investors according to a report Cerulli Associates. Credit Suisse renamed in Channel Islands 21/05/2013 Credit Suisse (Guernsey) Ltd has been renamed as Credit Suisse (Channel Islands) Ltd, in reflection of what the bank says is its commitment to the two islands. Ashcourt Rowan strikes outsourcing deal with TD Wealth 21/05/2013 Ashcourt Rowan Asset Management is to outsource its portfolio, settlement and custody services to TD Wealth Institutional. Blackrock acquires private equity real estate investment advisory firm 21/05/2013 BlackRock has entered into a definitive agreement to acquire MGPA, an independently-managed private equity real estate investment advisory company in Asia-Pacific and Europe, significantly extending BlackRock�s real estate investment capabilities in these regions. US active manager to acquire $700m European alternative funds business 21/05/2013 Morgan Creek Capital Management is to acquire the Alternative Funds business of Signet Capital Management Ltd - a Europe-based institutional fixed income investment firm. Client onboarding software firm opens in Geneva and Hong Kong 20/05/2013 Appway, the client onboarding specialist, is looking to build upon its 2012 growth with two new offices in Hong Kong and Geneva.
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