05/17/2023
Praxis reports strong organic growth in 2022 year-end results
The Group took decisive steps on its strategy to grow revenue and achieve underlying EBITDA of £20m+ by 2025.
Wealth and Asset Management
05/17/2023
Ralph Hamers Leaves UBS a Nice Parting Gift
Some 77 percent of UBS personal banking clients and 81 percent of corporate and institutional clients are using its digital offerings.
05/17/2023
UBS Intensifies Focus on Onshore Banking in Taiwan
Some clients reacted strongly and transferred their funds elsewhere
05/16/2023
US-Listed Firm Acquires AL Wealth Partners
This will help AlTi further expand in Asia in addition to its existing presence in Hong Kong.
05/16/2023
GAM Bonuses Fall Victim to Takeover Plans
The decision is essentially a reflection of how quickly sales fell last year said CEO Peter Sanderson.
05/16/2023
Cazenove Capital lays out voting best practice for asset managers
Schroders-owned wealth firm penned a six-point letter to 93 asset managers who oversee £30trn AUM
05/16/2023
Suntera Global bolsters Guernsey presence with acquisition of Carey
Suntera Global makes a further Guernsey acquisition to broaden its service offering and augment its international fund administration capability.
05/16/2023
Jersey Private Funds & the Middle East
A JPF is a regulatory fund structure created for a small number of sophisticated investors, ideal for family offices and club investors when investing in alternative asset classes.
05/16/2023
Geneva WM to lift GAM stake above 10% amid Liontrust battle
NewGAMe and Bruellan plan to increase their stake in GAM to above the 10% threshold as the fight to block Liontrust’s £96m bid for the business intensifies.
05/16/2023
Ninety One UK Sustainable Equity added to Wealth Shortlist
The fund’s positive impact approach makes it different to other funds in the IA UK All Companies sector, and to other responsible UK equity funds.
05/16/2023
Macquarie Asset Management acquires prime Dutch logistics facilities
The newly constructed 67,000m2 Lelystad property benefits from easy access to key transportation routes through the A6 highway and the CTU Flevokust barge terminal.
05/16/2023
Our commitment to family offices
UBP’s approach to family offices is to ensure that wealth, asset management and governance expertise is in place to meet the stated purpose of each family’s wealth.
05/15/2023
RBC WM warns of more volatility for Chinese equities
China’s recent economic data shows an uneven economic recovery, which will unnerve investors.
05/15/2023
Outflows Stopped at Credit Suisse, UBS CEO Says
The situation at Credit Suisse has stabilized and outflows from the bank had been halted, UBS CEO Sergio Ermotti said at the Swiss Media Forum in Lucerne,
05/15/2023
RBC Global Asset Management Inc. announces April sales results for RBC Funds, PH&N Funds and BlueBay Funds
Mutual fund sales results information is based on preliminary data from the Investment Funds Institute of Canada
05/15/2023
EQT enters new market in private wealth with Nexus offering
EQT did not disclose a target for assets under management for EQT Nexus.
05/15/2023
The $10 Trillion Giant: Here's How BlackRock Became The Biggest Company In The World
BlackRock has paved its way to become the world’s largest asset manager.
05/15/2023
Citi Private Bank Named Best for Ultra-High Net Worth in Asia and Hong Kong
Citi banks one-third of Asia’s billionaires.
05/12/2023
CI Financial Reports Financial Results for the First Quarter of 2023
All financial amounts in Canadian dollars at March 31, 2023, unless stated otherwise.
05/12/2023
How asset managers came to rule the world
Legion stories about the modern world are told through the lens of Silicon Valley.