12/19/2022
UBS Wealth issues blockchain digital debt to HNWI in Asia
This follows last month’s $370 million blockchain bond issuance on the SIX Digital Exchange.
Wealth and Asset Management
12/16/2022
Responsability to launch two impact strategies for giant UK asset manager
M&G, which recently purchased Responsability, has committed CHF225.7m to the strategies
12/16/2022
Generational wealth explained: What it is and how experts say you can work to build and protect it
Figures from Gobankingrates show that 70% of wealthy families lose their wealth by the next generation, with 90% losing it the generation after that.
12/16/2022
Five asset managers launch Asia protein transition platform
The institutional investors, which run a combined $3tn, will work with investor engagement firm Asia Research & Engagement to establish a series of targets encouraging a transition to greater use of meat alternatives by 2030.
12/16/2022
WH Ireland Group Interim Results for the Six Months ended 30 September 2022
Administrative expenses reduced by £2.2m year on year
12/16/2022
UBS Launches Tokenized Bonds for APAC Wealth Clients
The latest issuance is expected to serve as a foundation for further tokenization efforts in APAC where there is rising demand in the region for fixed income investments that can be transacted using blockchain.
12/16/2022
WH Ireland feels the impact of challenging market conditions
The Wealth Management division saw total assets under management fall to £2.1bn, down from £2.4bn in H1 2021.
12/16/2022
Asset manager: Changing the custodian bank becomes an option
The associated structural change also has an impact on the downstream stages of the value chain.
12/16/2022
Three peculiarities of 2022 – a year in review
Central banks are having their final word for 2022 this week, but for now, we will provide a year-end review.
12/16/2022
Kingswood Holdings buys Berkshire practice for up to £6.2m
This would see £3.1m paid on completion and the balance paid on a deferred basis, which is subject to the achievement of pre-agreed performance targets.
12/16/2022
Millennials’ average net worth: How the nation’s largest working generation stacks up against the rest
According to the Federal Reserve’s 2019 Survey of Consumer Finances, millennials have an average net worth between roughly $76,000 and $436,000.
12/16/2022
'Giving back was always a core part of SJP'
"What we often do with many of our charities is provide volunteer support, or we have people mentoring the charity leaders, or just giving time.
12/15/2022
IQ-EQ wins two awards at 2022 WealthBriefing Channel Islands Awards
The WealthBriefing Channel Islands Awards, new for 2022, are part of a global programme run by WealthBriefing and its sister publications WealthBriefingAsia and Family Wealth Report, encompassing all of the world’s major wealth management centres.
12/15/2022
Fairstone, Kingswood and Perspective all announce new deals
The deal further expands Fairstone’s nationwide coverage and takes total FUM under the group’s umbrella to more than £13bn.
12/15/2022
Fairstone adds £200mn FUM with Devon-based IFA purchase
As part of the deal, nine advisers and staff will join Fairstone Group as well as more than 800 clients.
12/15/2022
Chinese bank wealth units seek to smooth performance amid redemptions
Risk-averse investors have shifted money out of such products, even as asset managers urge them to hang on, as the products may recover from their current losses.
12/15/2022
Swiss National Bank tightens monetary policy further and raises SNB policy rate to 1.0%
Sight deposits above this threshold will be remunerated at an interest rate of 0.5%, and thus still at a discount of 0.5 percentage points relative to the SNB policy rate.
12/15/2022
GAM Wins IMPACT Awards for its Climate bond strategy
The award was presented by Environmental Finance, which recognises the work of impact investors
12/15/2022
ZEDRA wins Trust Company of the Year at the STEP private client awards
The award comes hot on the heels of ZEDRA’s strong, sustainable growth, which has led to increased investment in new client solutions and products in the UK, US, Luxembourg, Poland and Singapore.
12/15/2022
IQ-EQ shortlisted in the 2023 Citywealth Magic Circle Awards
The Magic Circle Awards is Citywealth’s flagship annual awards programme, celebrating the elite of the international private wealth industry.