07/05/2024
Jeff Bezos To Sell $5 Billion Of Amazon Stock With Price Near Record High
The filing was made on the day that the stock closed at a record high of $200.43 U.S. on a split adjusted basis.
Wealth and Asset Management
07/05/2024
Wealth managers have lost a fifth of customers due to this issue
Complaints have been piling up against wealth managers, leaving some customers waiting up to eight weeks to hear back, only to be informed that the investigation was ‘ongoing’.
07/05/2024
UBP lays the foundations of a pragmatic sustainability offering
At UBP, this means adopting a pragmatic, patient, and professional approach to anticipating risks and opportunities, and convincing all stakeholders of the importance of striving for that.
07/05/2024
UK general election: What will a Labour government mean for your personal finances?
We analyse the new government’s manifesto and how its finance-related pledges could impact you.
07/05/2024
Liechtenstein Family Foundation for German Succession Planning and Asset Protection
Liechtenstein foundations provide robust asset protection, shielding real estate from personal creditors, legal claims, and family disputes.
07/05/2024
Wealth Management Connect revamp sent cross-border investment skyrocketing, says ICBC
The amount of money traded under the scheme quadrupled to 50.7 billion yuan (US$7 billion) in the first four months of the year, according to government data
07/04/2024
FNB and RMB Private Bank scoop 6 awards at the Krutham top private banks and wealth managers awards
In addition, RMB Private Bank was crowned 1st place for the Executive archetype award.
07/04/2024
Things are looking up for hedge funds
At the beginning of this century, hedge funds enjoyed huge popularity, particularly as they represented a significant element of diversification in portfolios and offered attractive performances that were decorrelated from traditional assets.
07/04/2024
Mirabaud and Regnan funds gain Square Mile rating
While FSSA Japan Focus was stripped of its ‘Responsible A’ rating
07/04/2024
ANZ, Blackstone launch new wealth management fund in Australia
The new investment vehicle, named Graphene Alternative Fund, will be managed by Blackstone and will adopt an absolute return strategy, aiming to attract the nation's richest families.
07/04/2024
Endowus Private Wealth offers HK investors a built-it-yourself fund platform
Over 400 fund strategies are made available to Endowus clients.
07/04/2024
Social media hampering wealth managers’ advice, says new study
Just 4% say they aren’t particularly influenced by social media activity around the stock market and stocks and only 1% say they aren’t at all influenced by it.
07/04/2024
Verdi - Agreement reached in wage dispute at German private banks
Salaries for junior staff are to increase by a total of 250 euros.
07/04/2024
Utmost Group announces the proposed acquisition of Lombard International
The Acquisition encompasses Lombard International’s leading European business. Lombard International will become a part of Utmost International, the international life assurance business of Utmost Group.
07/04/2024
REYL Intesa Sanpaolo and Villars Institute partner to promote a nature-positive, net-zero economy
The partnership will have a particular focus on communities at the forefront of biodiversity loss and climate change.
07/04/2024
Hong Kong is emerging as the GBA’s wealth management ‘super connector’
Initially launched in 2021, the WMC aims to connect capital markets within the GBA.
07/03/2024
LLB acquires Zürcher Kantonalbank Österreich AG
This transaction aligns with the LLB Group’s strategy and will see it increase its business volume by around CHF 3 billion.
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.
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.