01/09/2023
Oxford Financial Partners Will Join Focus Partner Firm Buckingham Strategic Wealth
This transaction is expected to close in the first quarter of 2023, subject to customary closing conditions.
Wealth and Asset Management
01/09/2023
Impax Asset Management hails 6% asset uplift in first quarter
Assets under management were GBP37.94 billion on December 31, up 6.4% from GBP35.68 billion three months before.
01/09/2023
Kingswood completes £6.2m deal to buy Planner firm
The deal was announced in mid-December and has just received regulatory approval.
01/09/2023
TISE enters anniversary year with record number of listings
This contributed to TISE entering its anniversary year with a total of 4,020 securities admitted to its Official List, which is a rise of 10% year on year and the highest total since the Exchange opened for business in October 1998.
01/06/2023
Jupiter: '2023 will be the most exciting time for fixed income'
The question for 2023 is how quickly growth and inflation can allow policy to loosen.
01/06/2023
Asset manager opens Swiss office for ex-Robeco team
The office in Zurich hosts six staff, including a five-person sustainable thematic equity team, all of whom had already joined from Robeco, and a data manager.
01/06/2023
Invesco shuts EM bond fund as assets dwindle
The firm said the Global Emerging Markets Bond fund was ‘no longer economically viable’ and will be closed at the end January.
01/06/2023
Janus Henderson revamps management teams amid cost-savings plan
Programme designed to save millions in ‘cost efficiencies’ results in the departure of several portfolio managers.
01/06/2023
Digital Currency Group shutdowns wealth management business
Late last year, DCG, which owns asset manager Grayscale Investments and cryptocurrency brokerage firm Genesis and others, reduced the size of its workforce by 10%.
01/06/2023
EFG's Dikshit believes India and Japan markets can resist global headwinds
Ashish Dikshit, head of advisory solutions and product management Singapore, EFG Bank, is optimistic about the domestic-focused Indian economy and is encouraged that a weak yen will support Japanese corporate earnings.
01/06/2023
Wealth Management – 2023 Outlook
As some 12% of Advisers look to exit or sell their businesses, acquisitions will continue to play a key part in the succession planning for many advice firms.
01/06/2023
UBS and Credit Suisse just remain in focus in Asia
Refinitiv data for the fourth quarter of 2022 shows that CS has climbed four spots year-on-year as the second-largest Swiss bank and ranks 7th in announced mergers and acquisitions in Asia-Pacific ex-Japan.
01/06/2023
Linda Mack of Mack International shortlisted in 2022 Private Asset Management Awards: Best Consulting Firm for Family Offices and Women in Wealth Advocate of the Year
Linda Mack of Mack International has been shortlisted in two categories by the With Intelligence Private Asset Management Awards: Best Business Consulting Firm for Family Offices and Women in Wealth Advocate of the Year 2022
01/05/2023
BlackRock Halts Withdrawals From £3.5 Billion UK Property Fund
The world’s largest asset manager told clients in the BlackRock UK Property Fund in the past few days that it will defer redemption requests made at the end of September 2022.
01/05/2023
FNZ and UBS Australia complete platform migration to optimise post-trade operations
Through this migration, UBS and FNZ aim to ensure that more end investors can access a greater variety of investments more efficiently.
01/05/2023
The Time to Pass On Wealth Is Now, Wealth Managers Say
The threshold for the individual estate-and-gift-tax exemption has more than doubled to $12.9 million since 2011, but it's slated to be halved in three years, according to Bloomberg.
01/05/2023
Morgan Stanley Takes On UHNW Challenges Beyond Tax Planning
During the interview, Kurlander and Chand discussed what the program has achieved so far and what is planned for this year and beyond.
01/05/2023
Revenue boost for ‘resilient’ Mattioli Woods
Assets under management fell by 4% to £4.9bn over the period, but the company’s outlook for the current financial year remains in line with expectations.
01/05/2023
UBS: The National Bank's payout will probably not just be canceled once
The rising share prices would have supported the SNB's financial result in the final quarter.
01/05/2023
Scottish wealth manager AAB reveals acquisition of Kilkee in Aberdeen
The deal will give the enlarged business a team of 25 people, combined revenue of around £4.5 million, and assets under advice of about £550m.