Dalman launches wealth management company

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Former head of investment banking at Commerzbank Mehmet Dalman has launched a wealth management grou...

Former head of investment banking at Commerzbank Mehmet Dalman has launched a wealth management group specialising in the alternative asset management sector. The London-based group, WMG, will offer fund and wealth management, capital-raising services and incubation for new funds. It will serve high-net-worth individuals, private banks and investment institutions globally, with plans to roll out across centres in Europe, North America and Asia. Dalman believes the alternative asset management industry is going through a period of consolidation but admits too many managers are still ch...

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