Vanguard teams up with Alibaba’s Ant Financial
Asset manager to set up a joint venture in Shanghai free trade zone
Asset manager to set up a joint venture in Shanghai free trade zone
It aims to strengthen its global coverage of independent asset managers
An expanding pool of rich people is drifting out of reach of financial advisers and wealth managers
The deal is believed to amount to around $120m to be paid in cash
Acquisition will help the firm become an ‘increasingly stronger competitor’ in the country
It rose 10 times faster than economic inflation and is set to grow further in 2019
Firm wants to sell offshore investment products and services to high net worth investors in China
It will offer products, investment advice and services beyond what both firms alone can provide
More changes at the UK insurer ahead of its business shake up, CIO steps down from investment manager
Alistair Peel previously worked at Salamanca Private Clients, HSBC and Schroders
British expat married to civil servant will have spousal benefits after landmark case
To target external asset managers