07/03/2024
Evidence continues to support a start to Fed easing later this year
US 10-year yields fell 15 basis points in June, following a drop of 17 basis points in May.
Wealth and Asset Management
07/03/2024
UBS Advisor David Schachter Named to the Forbes Best-In-State Wealth Advisors list
He is a hard-working, tireless advocate for his clients who will stop at nothing to provide the best of UBS to his clients.
07/03/2024
UBS Loses Prestige Mandate After 26 Years
The decision was made by the board of directors of Compenswiss last December.
07/03/2024
Are team-based advisory practices better positioned for growth?
This trend is even more pronounced among the largest advisory practices: 94.5% of practices with more than $500 million in AUM operate in a team-based structure, compared to only 5.5% that are solo practitioners.
07/03/2024
Futu Announces Its Wealth Management Business Surpassing $10 billion in AUM
Futu’s fully-owned subsidiary, Moomoo Securities Malaysia Sdn. Bhd., has recently received approval for Institutional UTS Adviser registration
07/03/2024
FCA approves PE takeover of Mattioli Woods
Pollen Street’s takeover of the AIM-listed advice and wealth
07/03/2024
Wealth managers expect inflows surge into ‘extremely cheap’ UK equities
The survey revealed 88% of wealth managers and financial advisers believe UK retail investors will increase allocations to the asset class in the next six months.
07/03/2024
AstroBank wins international recognition for the second consecutive year
Best Bank in Cyprus for 2024 in Private Banking
07/03/2024
PIMFA pushes FOS on CMCs
PIMFA argues that a case fee of £250 for CMCs and Professional Representatives does not act as a disincentive to bring forward targeted block cases against firms that have little chance of success.
07/03/2024
Private banks professionalise philanthropy services
Private banks are increasingly seeing philanthropy as a way to encourage deeper engagement with wealthy family investors, particularly when dealing with the hard-to-please ‘next generation’ of clients.
07/02/2024
Heather Krause named to the Forbes Top Women Wealth Advisors Best-In-State list
This is the second year in a row that she has been named to this list.
07/02/2024
Bank Dhofar's Kapoor on its 'pure private banking play'
The bank recently unveiled its new private banking segment, becoming the latest to serve Oman's burgeoning wealthy.
07/02/2024
HIGHVERN Announces Mid-Year Promotions
The leading independent fiduciary, corporate and fund services provider has made these promotions following fifteen promotions across multiple jurisdictions end of last year.
07/02/2024
Wealth manager EV Digital Invest Assets Management AG awarded top 5-star rating by Capital business magazine
With an outstanding result for EV Digital Invest Assets Management AG: it was one of only 10 wealth managers to receive the highest rating of 5 stars.
07/02/2024
Trending issues in Taiwan's wealth management market
With Taiwan historically being excluded from the Common Reporting Standard network, this has posed a dilemma to financial institutions when it comes to money laundering issues.
07/02/2024
Skybound Wealth Management opens new office in Cyprus
“Our expansion into Cyprus allows us to navigate the post-Brexit landscape more effectively, ensuring seamless service continuity for our international clients.”
07/02/2024
Blackstone, ANZ join forces to target rich families in volatile world
The bank’s new vehicle, ANZ Private Graphene Fund, has set its sights on an absolute return strategy, and enlisted of one of the world’s largest asset managers in Blackstone
07/02/2024
Vontobel completes acquisition of a significant minority stake in private infrastructure manager Ancala
This offering will enable clients to benefit from the potential for diversification supported by low correlation to GDP and other major asset classes, as well as attractive risk-adjusted returns.
07/01/2024
Nomura seeks global acquisitions to expand wealth management business
Chief of Japan’s biggest brokerage and investment bank says he expects a generational shift with savers becoming more adventurous
07/01/2024
HSBC Fights UBS for Asia Wealth Under Former Wall Street Banker
Company lost title to UBS when Credit Suisse was taken over