07/18/2023
Morgan Stanley beats estimates on record wealth management revenue
Revenue of $13.46 billion vs. expected $13.08 billion.
Wealth and Asset Management
07/17/2023
UAE builds position as global financial hub
Leclercq highlighted that in recent years the UAE economy has attracted long-term investments from Europe and elsewhere, with the golden visa system making the country significantly more attractive to overseas investors.
07/17/2023
Morgan Stanley Shifts Focus to High-Net-Worth Clients, Transfers Less Affluent Customers to Ord Minnett
The review was prompted by the presence of inactive wealth management clients with assets under $1 million, which led to a reassessment of the business.
07/17/2023
Change of leadership in the corporate clients area of Credit Suisse (Switzerland) Ltd.
In addition, Daniel Hunziker has been President of the Zurich Banking Association since 2019.
07/17/2023
GAM Holding AG provides an update on the Group's expected first half 2023 results
This compares to the IFRS net loss after tax of CHF 275.2 million for the first half of 2022.
07/17/2023
FusionIQ integrates with wealth management platform Blueleaf
Client updates and reports, performance reporting, account aggregation, billing and invoicing as well as portfolio monitoring services are available on the Blueleaf platform.
07/17/2023
Searchlight to buy UK asset manager Gresham House for $615 mln
Gresham House shareholders will receive 11.05 pounds cash for each share held, Searchlight said, representing a 62.5% premium to the stock's last closing price.
07/17/2023
GAM chairman follows Liontrust lead in shareholder tender plea
Swiss group echoes sentiment expressed by UK group’s chief executive last week.
07/17/2023
China’s Wealth Assets Are On the Rise Again After June’s Drop, Citic Securities’ Ming Says
Wealth assets generally shrink in the final month of a quarter from the previous month because of factors such as end-of-quarter assessments and maturity dates, he said.
07/17/2023
BlackRock eyes $7trn fixed income windfall on peaking rates
Money market assets will ‘flood fixed income market’
07/17/2023
LGT Capital hits $930m in final close of venture capital fund
LGT Capital Partners has surpassed its target of $750m for its fourth global venture capital fund.
07/17/2023
HNW news: Agatha Christie’s retreat set to make a killing and is bigger always better in wealth management?
Hedgehog: News from the Côte d’Azur, the Devon coast, the high seas and London’s financial universe
07/17/2023
Ernst & Young scores mega audit deal with UBS bank
EY is taking over from PricewaterhouseCoopers (PwC), following UBS’s recent acquisition of Credit Suisse.
07/14/2023
Asset managers tap top talent to reach private wealth channel
The data also showed a 115% year-over-year increase in the hiring of capital-raising private wealth professionals at alternative asset managers from 2021 to 2022.
07/14/2023
UBP’s Hong Kong CEO on North Asia’s Vast Potential and the Bank’s Well- Articulated Growth Strategy
He explains that China and the North Asia region represent immense opportunities for growth in international wealth management
07/14/2023
Kestra Holdings’ Subsidiaries Shortlisted across Seven Categories for WealthManagement.com’s 2023 Industry Awards
High-volume of nominations reflect Kestra’s ongoing commitment to providing superior service, cutting-edge technology, and a suite of resources to deliver value to its nationwide ecosystem of financial professionals
07/14/2023
CEO Christian Sewing named Banker of the Year by Euromoney
The first Deutsche Bank CEO to receive the long-running award, Sewing was singled out for transforming the bank and advocating for financial integration in Europe.
07/14/2023
Broadridge Awarded Best Global Proxy Voting Service Award at Goodacre’s Systems in The City Awards
Recognised as industry leaders in enabling seamless investor voting and engagement for the fifth year running
07/14/2023
Partners Group reports continued H1 AuM growth and reconfirms full-year fundraising guidance
During the same period, the firm committed USD 5.0 billion to transformational investing across private markets asset classes globally and generated USD 5.4 billion in portfolio realizations.
07/14/2023
ONE Swiss Bank - H1 2023 Financial Results
These positive performance indicators show that our business is well positioned to grow in the current environment.