Amundi buys majority stake in Kleinwort Benson Investors
Oddo & Cie has agreed to sell Kleinwort Benson Investors to Amundi and the KBI management team.
Oddo & Cie has agreed to sell Kleinwort Benson Investors to Amundi and the KBI management team.
Swiss fund manager GAM has agreed to acquire Taube Hodson Stonex (THS), a UK-based global equity investment firm.
Zurich Insurance has signed a deal to buy Malaysia’s MAA Takaful for $134.6m (£92.7m, €117m), giving Europe’s fifth biggest insurer a foothold in the world’s second largest Islamic insurance market.
M&A firm Life Company Consolidation Group (LCCG) has agreed to buy Aviva Life International.
Zurich Insurance is poised to buy Malaysia’ MAA Takaful after receiving regulatory approval.
Axa has agreed to sell its Isle of Man-based operation to specialist M&A firm Life Company Consolidation Group (LCCG), which plans to continue “successful relationships” with Axa’s offshore bond business in Dublin.
St. James’s Place reported a record £1bn of gross inflows in March, increasing the group’s funds under management to £62bn.
UK insurer Phoenix Group is close to securing a £500m ($717m, €634m) buyout of smaller rival Sun Life from French insurance giant Axa, The Financial Times has reported.
Sovereign Group, an international wealth management and retirement planning provider, has acquired UK-based MW Pensions, a specialist in Self-Invested Personal Pension (Sipp) schemes, for an undisclosed amount.
Meyado Private Wealth Management, which is headquartered in London, said its Singapore operation has bought the assets of local financial advisory firm Portfolio Builders for an undisclosed sum.
Jersey-headquartered Bedell Trust has announced a management buyout of its business by private equity firm Inflexion, to fund expansion in to Asia after recently acquiring a majority stake in the Singapore Trust Company (STC).
Allianz has agreed to sell its South Korean life insurance unit and Allianz Global Investors Korea to China’s Anbang Insurance Group.