07/02/2024
Skybound Wealth Management opens new office in Cyprus
“Our expansion into Cyprus allows us to navigate the post-Brexit landscape more effectively, ensuring seamless service continuity for our international clients.”
Wealth and Asset Management
07/02/2024
Blackstone, ANZ join forces to target rich families in volatile world
The bank’s new vehicle, ANZ Private Graphene Fund, has set its sights on an absolute return strategy, and enlisted of one of the world’s largest asset managers in Blackstone
07/02/2024
Vontobel completes acquisition of a significant minority stake in private infrastructure manager Ancala
This offering will enable clients to benefit from the potential for diversification supported by low correlation to GDP and other major asset classes, as well as attractive risk-adjusted returns.
07/01/2024
Nomura seeks global acquisitions to expand wealth management business
Chief of Japan’s biggest brokerage and investment bank says he expects a generational shift with savers becoming more adventurous
07/01/2024
HSBC Fights UBS for Asia Wealth Under Former Wall Street Banker
Company lost title to UBS when Credit Suisse was taken over
07/01/2024
Raymond James pays £19m redress linked to mystery DFM
The compensation revealed in the firm’s annual update has prompted Raymond James to make changes to its internal controls and processes.
07/01/2024
BlackRock to Acquire Preqin, Leading Private Markets Data Solutions Provider
Strategic expansion of Aladdin tech business into fast-growing private markets data segment, unlocking additional $8 billion total addressable market
07/01/2024
Kingswood Holdings Full Year 2023 Earnings
Revenue: UK£86.2m (down 41% from FY 2022).
07/01/2024
Nucleus completes acquisition of Third Financial
This acquisition significantly expands Nucleus’s capability in the ‘adviser-as-a-platform’ space.
07/01/2024
UBS completes merger of UBS Switzerland AG and Credit Suisse (Schweiz) AG
The merger of the Swiss entities facilitates the migration of clients and operations from Credit Suisse (Schweiz) AG to the UBS platform, following business, client- and product-specific requirements.
07/01/2024
Invesco launches star-powered adviser platform to meet huge soft skills demand
In response, it has launched ‘Invesco Intelligence Plus’, a comprehensive platform for the modern adviser focusing on soft skills, practice management and investment skills
07/01/2024
Guernsey Finance takes the win with ‘Wealth for Good’ award
The annual WealthBriefing Wealth for Good Awards program recognises the most innovative and exceptional firms, teams and individuals.
07/01/2024
Söderberg & Partners raises £225m to boost growth expansion
Gustaf Rentzhog, Söderberg & Partners co-founder and chief executive, said: “We see that our venture in the UK is working, and we now want to scale it up even faster.
06/28/2024
UBP releases 2023 Sustainability Report
As environmental and social challenges intensify and sustainability regulations are on the rise, the transition to a new economic model is gaining momentum.
06/28/2024
New Indosuez impact fund taps into ‘underdeveloped market’
There is a growing need among investors to combine financial returns with investing for a societal good, the global wealth management brand of French banking giant Crédit Agricole Group said.
06/28/2024
Dani Arnold: A climber’s insights
During his inspirational talk at UBP, he outlined some valuable wisdom he has gained from his experience.
06/28/2024
Financial advisors expect bigger book of ESG business in coming years, new Vontobel study reveals
The result shows that sustainable offerings continue to rise in importance in the advisory space despite the headwinds and political backlash that sustainable investing has been experiencing over the last two years.
06/28/2024
LGT wins global accolades for its ESG investing and philanthropy offering
The bank was the recipient of the global ESG Investing and Philanthropy Service Offering awards.
06/28/2024
Passing on a family business in Switzerland: what options are open to entrepreneurs today?
This can be a very painful process, particularly in the case of intra-family transfers.
06/28/2024
Kingswood Holdings Reports Strong Revenue Growth
Despite these gains, the company experienced a statutory Loss before Tax of £13.3m, which was attributed to finance costs, non-recurring costs, and non-cash impacting items.