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Independent Asset Managers: Consolidation Warming Up

finews.com shows. For years there has been a good deal of talk about consolidation among independent Swiss asset managers and for years nothing has happened, but now those familiar with the sector say things might be starting to move. «Things are picking up,» said Reto Hossli, founding partner at Zurich start-up DR-RH which specializes in arranging hook-ups between asset managers and asset management companies. Hossli is very familiar with the extremely fragmented sector. At Credit Suisse, his job included managing business with external asset managers. There are 2,000 individual asset management companies in the sector managing around 400 billion Swiss francs ($435 billion) of assets.

Accolades, encomiums as entertainment guru cum politician, Shina Peller turns 45

Share Honourable Shina Abiola Peller, popularly referred to as the king of nightlife, owing to his exploits as an astute entertainment businessman who changed the face of night clubbing in Lagos, turned 45 today and all roads will lead to Oyo State where a massive celebration is being planned in his honour.  A philanthropist and industrialist also, he was born in Lagos State, Nigeria on the 14th of May 1976. His parents hail from Oyo State and his father is the well-known Professor Moshood Abiola Peller, a popular magician in Nigeria when he was alive. Shina Peller is a chemical Engineering graduate of the Ladoke Akintola University of Technology. He also has a Master’s degree in Business Management from the same university. Although he is well-known as the owner of the Quilox night club brand, he is also the group chairman and CEO of the diversified conglomerate, Aquilla group of companies.

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