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Wealth and Asset Management

03/04/2025

Aberdeen Group scraps Abrdn rebrand to ‘remove distractions’

The 200-year-old fund management group is hoping to put the vowel-less rebrand, which prompted widespread ridicule, behind it.

03/04/2025

UBS Advisors Peter Dorfman and Mike Carr Receive Managing Director – Wealth Management Title

This achievement is a testament to their longstanding commitment to delivering exceptional wealth management and unparalleled client service.

03/04/2025

BlackRock Establishes Preeminent Private Markets, Technology, and Data Provider with Close of Preqin Acquisition

As capital markets evolve, private markets are playing an increasingly important role in financing global growth.

03/04/2025

Hong Kong’s finance sector to benefit from AI, China opening, Asia wealth: think tank

The government think tank will undertake roadshows worldwide to highlight growth opportunities in the city, chairman Benjamin Hung says

03/04/2025

Swiss National Bank confirms CHF81 billion profit in 2024

The SNB’s final profit for 2024 is slightly higher than reported at the beginning of the year.

03/04/2025

Appetite For Alternative Assets Grows In Private Banking

Wealthy investors are expected to look beyond stocks and bonds, prompting private banks to expand offerings and expertise.

03/03/2025

Alberto J. Safra Launches New Asset Manager in Geneva

Alberto J. Safra has launched the new asset manager, ASA Asset Management Switzerland, this February.

03/03/2025

Apollo Names Shimpei Kanzaki as Japan Global Wealth Head

Prior to joining Apollo, Kanzaki was a Director at KKR and head of its wealth solutions business in Japan, after joining in 2022.

03/03/2025

The Growth and Evolution of Independent Wealth Management in the UAE

At a recent Hubbis forum in Dubai, industry leaders came together to discuss the trends, opportunities, and challenges shaping the sector.

03/03/2025

LLB launches Swiss dividend-focused ‘comfort' mandate

The strategy targets regional customers via focus on Swiss and European stocks with high dividends.

03/03/2025

Close Brothers completes sale of Close Brothers Asset Management to Oaktree

The group anticipates an estimated gain on disposal of approximately £59 million.

03/03/2025

Brookfield Wealth Solutions Launches in the United Kingdom

Brookfield and its UK portfolio companies employ approximately 23,000 people across the UK.

03/03/2025

ING acquires stake in Van Lanschot Kempen

Together with an existing 2.7% stake, ING will hold a 20.3% stake in Van Lanschot Kempen after completion of the transaction.

03/03/2025

Standard Chartered expands UAE private banking team

The new team members will report to Nash Mithani, market head, private banking, UAE and head, Global South Asia Community.

02/28/2025

15 Rich and Famous People Who Were Born Wealthy

Either way, these stars have used their talents to pave their own road to riches.

02/28/2025

Raymond James strengthens private capital business and investment offerings, announces two appointments

Reorganized Capital Markets team will deliver customized financing strategies for companies and owners, new Private Markets Strategy role will develop and lead offerings across Private Wealth

02/28/2025

Aquiline to Acquire SEI’s Family Office Services Business

SEI’s Archway Platform is designed to streamline family office operations and deliver advanced financial reporting for ultra-high-net-worth families.

02/28/2025

Shaping the Future of Wealth Management: Key Trends for 2025 and Beyond

At the same time, the generational shift among investors will demand a new level of digitalisation.

02/28/2025

Sage Wealth Management signs new lease on Hexham office

Sage Wealth Management are aiming to reinforce their business commitment to the community and strengthen the Hexham team.

02/28/2025

Perpetual profit crashes following KKR deal falling through

While no break fee was triggered, KKR has left the door open to pursue further damages.

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