12/22/2022
IFA consolidator sets up investment management arm
It will be ‘radically different from traditional DFMs’
Wealth and Asset Management
12/22/2022
Empaxis and EXL forge wealth management pact
Pairing Empaxis' extensive middle- and back-office expertise, with EXL's proven data, analytics, and digital operations capabilities, this alliance will allow both firms to scale their wealth management solutions offerings.
12/22/2022
UBS, Deutsche Bank focus on India's wealthy while interest in China wanes
“We are witnessing increasing interest among resident Indian investors to build portfolios in international markets.”
12/22/2022
Mixed signals as rate hikes continue
The good news is that real disposable income has started growing again, helped by the lower monthly price increases and the strong labor market.
12/21/2022
Investment Banking Slump Hits Credit Suisse Hard
Compared to the bumper year of 2021, that's $34 billion less.
12/21/2022
Bain & Company and AIPB: "Private Banking towards new customers, models and profitability"
Almost 60% of assets at the end of the decade will in fact be invested in innovative products, with a change also in distribution and work models.
12/21/2022
André Helfenstein Holds Forth on Unhappy Credit Suisse Clients
The bank's problems stem not from its home market, but outside it, adding it had an impact on the mood among staff and clients.
12/21/2022
Pictet Asset Management launches Total Return-Lotus fund
These market conditions create unique opportunities to generate alpha outside of a traditional long-only approach.
12/21/2022
Ex-HSBC and Coutts heavyweight launches DFM arm for Radiant
Consolidator Radiant Financial Group has taken a swipe at benchmark-hugging wealth managers as it launches a discretionary fund management service fronted by Minesh Gajjar.
12/21/2022
How Nicola Wealth is doubling down on the institutional space
New leaders in firm's institutional division pave the way for institutions to benefit from the firm's expertise, first-class service, and multi-asset approach to investing
12/20/2022
UBS Asset Management and J.P. Morgan Execute First Electronic Bilateral Trade via FlexTrade's FlexFI
Actionable liquidity on European credit is now seamlessly available within FlexTrade's EMEA trading workflow.
12/20/2022
Parmenion adds RBC Brewin Dolphin and Morningstar portfolios to adviser platform
They will also still be able to access Parmenion’s own DFM model portfolio solutions.
12/20/2022
Sohar International wins ‘Best-in-Class Wealth Management Service of the Year’ award at Signature Luxury 100
The high-profile event welcomed His Highness Sayyid Muadh bin Dheyab Al Said as the Chief Guest.
12/20/2022
Newton IM fund manager Suzanne Hutchins dies
The lead on Real Return strategy had been with the company for almost three decades.
12/19/2022
HSBC launches wealth management center
The wealth management client base in Asia showed twofold growth year-on-year last year, and the number of HSBC Taiwan’s high-net-worth clients grew 40 percent, while its assets under management rose 22 percent from a year earlier
12/19/2022
Without savings, I’d build wealth using this Warren Buffett approach
So what is the Buffett approach? Essentially it boils down to finding businesses that are reasonably likely to be worth a lot in the future – but selling at a sizeable discount to that value.
12/19/2022
iM Global Partner announces strategic investment in Berkshire Asset Management
Through this strategic partnership, Berkshire joins iM Global Partner's extensive global asset management family and distribution network.
12/19/2022
HSBC AM launches real assets focused fund
The HSBC Global Diversified Real Return Fund is available to Hong Kong investors starting today.
12/19/2022
Royal Bank of Canada to delist from Six Exchange
The bank said that only a limited volume of its shares are traded on the Swiss exchange.
12/19/2022
UniCredit, Azimut partner to distribute asset management solutions in Italy
The Italian bank, through this deal, will also look to distribute its banking solutions to Azimut.