10/16/2024
Luxembourg Tops the Global Wealth Rankings in 2024
The report highlighted that Luxembourg has maintained a steady rise in GDP per capita from 2010 to 2024, consistently ranking at or near the top among the wealthiest nations.
Wealth and Asset Management
10/16/2024
Merrill Earnings Highlight Size of New Clients, Not Quantity
In the third quarter, the wirehouse doubled the number of net new clients with $10 million or more in assets from a year ago.
10/16/2024
Julius Baer CIO tells rich to brace for private market 'hangover phase'
Investors have poured money into areas including private credit, private equity and infrastructure to chase higher returns and diversify their portfolios.
10/16/2024
Affinity Private Wealth announces succession plan to remain independent and owner-managed
The strategic initiative is driven by the original founders and shareholders.
10/16/2024
Switzerland’s wealth managers bank on a future in Asia
Hong Kong and Singapore are the world’s rising wealth centres
10/16/2024
UBS Forecasts Impact of China’s Fiscal Package
UBS shares its views on the market impact based on varying package sizes that could be announced.
10/15/2024
AXA IM launches a global Philanthropy programme, bringing together all global and local charitable endeavours focused on “Empowering Sustainable Futures”
AXA IM has established a new Philanthropy Committee to oversee and make decisions in regard to its charitable commitments.
10/15/2024
BNP Paribas Asset Management is launching its first evergreen diversified private credit fund under ELTIF 2.0
The fund will invest in European corporate and real assets debt in Infrastructure and Commercial Real Estate and targets institutional as well as wealth management distribution channels.
10/15/2024
Dominique Gerster becomes partner at IRF
Dominique Gerster brings more than two decades of experience in corporate communications.
10/15/2024
HSBC Reportedly Probes Digital Wealth Unit in China
The review was started after the appointment of global insurance CEO Ed Moncreiffe in April.
10/15/2024
Wealth Managers Call on Asset Managers to Bolster Product Specialist Talent, New MMI-Broadridge Survey Reveals
74% of wealth managers urge an increase in product specialists from asset managers
10/15/2024
Latin America: The New Wealth Battleground
Multinational and behemoth private banks increasingly view Latin America as a cornerstone of their growth strategy.
10/14/2024
Spear’s Top 100 most influential people features Mary-Anne Daly, CEO Wealth Management, Schroders
The Power List recognises those individuals with significant influence in private wealth and for high-net-worth individuals and families more broadly.
10/14/2024
RBC Wealth Management receives Financial Planning’s Innovator of the Year Award for technology advancements
The firm’s two awards were for client engagement for its AI-Powered Insights program and marketing for its Campaign Central marketing platform for financial advisors.
10/14/2024
Vontobel co-CEO: 'I'm not overthrown by tough markets'
Vontobel was recently granted a Type 9 license in Hong Kong, and has hired a new intermediaries head for Asia.
10/14/2024
The Demise of Credit Suisse Gives BNP Paribas Significant Tailwind
Over the past two years, assets under management (AUM) have grown by more than 25 percent, following a steady decline in previous years.
10/14/2024
Nuveen launches global credit impact strategy
The portfolio aims to address issues such as affordable housing, community development, climate change and the regeneration of natural resources.
10/14/2024
Tatton’s £15bn MPS range fights with Quilter at the top of the charts
Tatton is jostling with fellow MPS giant Quilter for assets. But how do its returns stack up against those of its largest rivals?
10/14/2024
Gulf Bank honored with Best Next-Generation Offering award at the 2024 Private Banker International Global Wealth Awards in Singapore
Ahmad Al-Fuwaires: We have quality products and services designed to serve young affluent clients, tailored to their needs and lifestyles
10/14/2024
BlackRock bets on British brickmaking
One of the main BlackRock funds that increased its stake in the FTSE 250 company, which has a market capitalisation of £725mn, is the Throgmorton Trust.