Managers of Wealth

Bank of Singapore on transformation drive; CEO aims to make it top Asian private bank

In short, he aims to make BOS the top Asian private bank within the next three to five years.

SAB wins Euromoney’s ‘Best Private Bank in Saudi Arabia’ award for second time in row

This achievement reflects the bank’s continuous efforts in developing and delivering outstanding and innovative banking services to its clients.

GBST wins 2024 IBSI Digital Banking Award for Islamic Banking & Wealth Management

It recognises GBST’s exceptional contribution to digital innovation in the financial services sector

Abrupt CEO departure at Banque Havilland

The private bank Havilland did not actively communicate its 2023 results.

GAM Holding AG publishes AGM agenda

To support the implementation of GAM’s strategy, the Board of Directors proposes to shareholders to approve an ordinary capital increase by way of a rights issue.

Helvetica slashes management fees on all its funds

Company says revamp reflects its confidence in funds’ long-term future.

UK money manager M&G eyes China partnerships to meet investor demand for diversification from mainland assets, CEO Pinto says

The MSCI Emerging Markets excluding China Index has gained 1 per cent this year, while the MSCI World Index added 3.5 per cent and MSCI China lost 2.5 per cent

Asian wealth management benefits as Hong Kong regains international status

Ocorian is investing in the region with recent acquisitions including leading corporate services provider A- Pass and is committed to further acquisitions across Asia.

Pictet targets $400m with new environment tech Eltif

The Article 8 strategy co-invests with ‘all the big names of the private equity world’.

China’s $3.7 Trillion Wealth Industry Is Plagued by Sub-3% Returns

Low-risk investments that yield 3% are becoming rare. It’s disorienting for a nation of savers and their asset managers.

Five waves of UBS layoffs to start in June, SonntagsZeitung says

Most of the cost savings are set to come from cutting staff and analysts have estimated between 30,000 and 35,000 jobs could go globally.

Local success & global expertise: how a focus on entrepreneurs boosts Julius Baer in the UK

The UK wealth market is a competitive industry, but thanks to Julius Baer’s focus on pure wealth management and highly personalised service, the firm is poised to grow its regional footprint further.