09/02/2024
Titan Wealth to close multi-asset range of funds in one month
The news follows Tavistock’s termination of its partnership with Titan last month
Wealth and Asset Management
09/02/2024
Gen Z wants an inheritance. Good luck with that, say their boomer parents
Many young adults are pinning their hopes on the Great Wealth Transfer, a generational exchange of riches that could pass $90 trillion from boomers to their heirs over the next 20 years.
09/02/2024
No Smooth Sailing Expected for UBS’ Iqbal Khan
This is a historical milestone for the Swiss financial giant as it has placed a divisional president in Asia for the first time ever.
09/02/2024
Envestnet Earns Recognition as Finalist for Seven Wealth Management Awards
Known as the “Wealthies,” these awards highlight companies and individuals driving success in the financial advisory sector.
09/02/2024
AI Parameters Make Wealth Management Unrestricted by Time and Expertise
Now, with the integration of AI, big data, and other technologies, wealth management is becoming smarter, more personalized, and more efficient.
09/02/2024
Perpetual’s KKR deal faces scrutiny amid share price decline
The firm has since entered into a scheme of arrangement under which KKR will buy its corporate trust and wealth management businesses for $2.1 billion.
08/30/2024
Two directors appointed in VG Private Wealth and Corporate teams
Gabriela Jakubczyk becomes a Director of Corporate and Sheena Huggett becomes a Director of Private Wealth.
08/30/2024
Geneva-Based Private Bank One Swiss Reports Lower Profits
Following a strong performance in 2023, One Swiss reported a decline in net profit for the first half of the year.
08/30/2024
A survey reveals that nearly half of family wealth consists of financial assets
Despite the trend of diversifying booking centers, nearly half of high-net-worth individuals still keep all their assets in a single country
08/30/2024
Azets Wealth Management buys Glasgow-based firm
It offers a range of financial planning services including pensions, investments, family wealth planning, corporate investment, IHT planning and other bespoke requirements.
08/30/2024
Pictet announces first-half 2024 figures
The Pictet Group's total equity and total capital ratio remained strong.
08/30/2024
Zürcher Kantonalbank once again achieves a pleasing half-year result
The AAA rating for Zürcher Kantonalbank was confirmed again
08/30/2024
Swiss Asset Manager GAM to Expand US Team With Miami Office
The move was driven by demand from US offshore clients, mostly in Latin America
08/30/2024
Nomura plans to add 30-35 wealth bankers across Asia offices in Dubai, Hong Kong & Singapore over next two years: Report
Nomura plans to hire more wealth management bankers in Dubai, Hong Kong, and Singapore, aiming to boost wealth assets outside Japan to $35 billion by next year.
08/30/2024
Count sees 104% FUA growth in ‘transformative’ FY24
It also reported $34.2 billion in funds under advice (FUA), which is up 104 per cent from $16.8 billion in FY23.
08/30/2024
HSBC Asset Management expands private credit capabilities
These initiatives mark expansions in response to growing institutional interest in the private credit market.
08/30/2024
Brown Shipley suffers £2.5m writedown on 2019 buy
The impairment charge was linked to the wealth firm’s purchase of Cambridge-based NW Brown and attributed to a ‘fall in assets under management’.
08/30/2024
SJP appoints Centrick Invest to oversee Asian property investment
The wealth manager has appointed Centrick Invest to its panel as a property partner after “significant due diligence”.
08/30/2024
Asset manager M&A masks a struggling sector
The latest round of earnings updates highlights wider issues in a sector that needs more than mega deals to recover
08/30/2024
Claire Barker: Are women about to take control of global wealth?
This lack of confidence is not necessarily tied to a lack of ability, as women who do invest generally see better returns than men.