08/14/2024
Guernsey shortlisted for international finance centre of the year award
Guernsey took the winning title in 2023
Wealth and Asset Management
08/14/2024
St James’s Place takes on Vanguard, but charges 350 per cent more
However, ISA fees on the four Polaris funds average a whopping 1.63 per cent a year, with the most popular, Polaris 3, costing 1.67 per cent a year.
08/13/2024
Navigating a World in Flux
The diffusion of power away from the bipolar and unipolar orders of the post-World War II period has been accelerating in recent decades.
08/13/2024
Abu Dhabi’s ADQ to acquire minority stake in auction house Sotheby’s
ADQ’s investment into Sotheby’s underscores its strategic goal of pursuing value-accretive investment opportunities that contribute to Abu Dhabi’s economic diversification.
08/13/2024
Private banks cut DPM minimums in asset drive
Several private banks are increasingly standardising discretionary portfolios to cut costs and target smaller clients, while raising the bar for bespoke mandates.
08/13/2024
Launch of Sanctuary Wealth AltVantage Program
Advisors enrolled in the UniFi by CAIA™ Fundamentals of Alternative Investments certificate program are sponsored by Franklin Templeton and FS Investments
08/13/2024
Rich getting richer amid calls to narrow wealth divide
The wealth of those on the list rose from the equivalent of 8.4 per cent of national GDP in 2004, to 23.7 per cent of GDP by 2024, the institute’s analysis indicates.
08/13/2024
Hampden & Co reports strong growth in the first half of 2024
In its results for 2023, the bank announced it was paying an inaugural dividend to shareholders as profit before tax reached £9.1m for the full year.
08/13/2024
New RIA Crux Wealth Advisors Launches With Its First Tranche of $1B+ AUM and Additional Set for 2024
Key collaborators include Decerno, Arete, and BNY Pershing
08/13/2024
Private Wealth Investors Deliver a Fundraising Boost
In a challenging fundraising environment, private wealth investors are filling the gap, aided by investment platforms, intermediaries, and evolving legal structures.
08/13/2024
Private banks cut DPM minimums in asset drive
Several private banks are increasingly standardising discretionary portfolios to cut costs and target smaller clients, while raising the bar for bespoke mandates.
08/13/2024
FNZ sells Timeline stake for £10.2m
FNZ disposes of its stake after Timeline CEO Abraham Okusanya confirms plans to build a platform with Octopus-owned Seccl.
08/13/2024
Wealth managers risk 'baffling with science' when talking to heirs
Many younger clients now wish to start off their savings and investment on a firm footing
08/13/2024
Behind the Headlines: HL deal proof that public markets are ‘falling out of love’ with wealth management
The offer provides an immediate cash value to HL shareholders at a significant premium of 54.1% over the pre-announcement share price.
08/13/2024
Evelyn Partners delivered record H1 financial performance with a 18.3% increase in adjusted EBITDA
Record AUM of £62.2 billion, up 13.3% year-on-year and 5.2% since 31 December 2023.
08/13/2024
Pictet AM backs Swiss and Japan equities
The asset manager has downgraded eurozone equities from overweight to neutral.
08/12/2024
Charlotte wealth management firm with $1.1B in assets bought by Corient
That includes assets it acquired from Byron and Weston, Florida-based Emerald Multi-Family Office in deals that closed July 31.
08/12/2024
Are private banks still worth it?
Account holders cherish the personal touch and the feeling of belonging to an elite club — but what about the products and services on offer?
08/12/2024
RBC Wealth Management financial advisors recognized by Forbes as “Top Next-Gen Wealth Advisors”
The ranking is based on interviews, professional credentials, advisor’s compliance records, firm recognition and assets under management.
08/12/2024
Banque Havilland placed into administration
Laurent Fisch, a Luxembourg lawyer, and EY Strategy and Transactions, a consultancy, were named administrators and have taken charge of Banque Havilland’s assets.