03/05/2024
Bentley Reid appoints Paul O’Neill as chief investment officer
Most recently, he has worked as a strategic change project manager for Schroders, Hermes and Fidelity.
Wealth and Asset Management
03/05/2024
Belmont Capital Advisors Embarks on Significant Expansion to Broaden Wealth Management Services
Belmont Capital Advisors' decision to expand its operations is driven by a growing demand for personalized wealth management services.
03/05/2024
Adviser appetite to launch own platform tails off
Firms need and want control of the data.
03/05/2024
CBH Compagnie Bancaire Helvétique 2023 annual results
CBH Bank reports continued business and revenue growth in 2023
03/05/2024
Marshall Wealth Management Group has a new name for a new beginning
The Cadaret Grant-affiliated firm in Los Gatos, California, manages almost $370 million.
03/05/2024
2023 Annual Results BCGE
Record profit and dividend
03/05/2024
Annual financial statements of Credit Suisse real estate funds as of December 31, 2023
In line with developments on the investment market, the external valuation experts have raised the discount rates.
03/05/2024
Bank BSU: Online mortgages are also proving to be a driver
Mortgage financing, the regional bank's main business, increased in the 2023 financial year.
03/05/2024
Private banks’ profits will reach 3.3 billion in 2023, an increase of 74.2% compared to the previous year
Unsurprisingly, margin income, totaling €6,965.8 million across the six banks, justified the increase in profits.
03/05/2024
Goldman Sachs wealth-management executive warns against buying Chinese stocks, citing tepid growth, opaque policy
The bearish call reflects jitters among overseas investors about the outlook for the mainland China economy
03/04/2024
Indosuez WM: Female Attributes Prosper in Wealth
When compared to other areas of the financial sector, there is a particularly prominent share of females employed in Asia’s private wealth industry.
03/04/2024
Deutsche Bank commences share buyback program with a volume of up to € 675 million
The volume of the new program is 50% higher than the bank’s € 450 million share buyback program completed in 2023.
03/04/2024
Citigroup to leverage Hong Kong’s finance hub status to grow wealth business in Asia, Greater Bay Area
Hong Kong will be the epicentre of wealth management as some US$100 trillion in riches is created globally over the next 10 years, Citigroup’s Andy Sieg says
03/04/2024
Saxo unveils simpler pricing structure
The Danish broker has discontinued account plans, and the monthly fees tagged to them, as well as lowering commission rates.
03/04/2024
Wealth firm Alti eyes Asian buys and Middle East launch with $450M war chest
Nasdaq-listed Alti Tiedemann Global has raised a $450m war chest to fund acquisitions and is eyeing up deals in Singapore and Hong Kong, as well as entering the Middle East market.
03/04/2024
H2O Asset Management suffers fresh auditing blow: How did it end up here?
The firm has provided occasional updates that have seen the value of the funds revised down over time, sometimes by as much as 70 per cent in a single year.
03/04/2024
Royal London Asset Management adopts BlackRock’s Aladdin
The adoption of Aladdin aims to allow for greater scalability of RLAM’s fund management business.
03/04/2024
LLB adds new bankers to its Frankfurt location
The Liechtensteinische Landesbank (LLB) was able to poach an experienced team of three from the German Deka Bank.
03/04/2024
Evelyn Partners moved to new fund by PE backer
Secondaries specialist Coller Capital invests in the continuation vehicle, accounting for 50% of the new fund.
03/01/2024
Odey AM parent company swings to £4.6m loss in 2023
Dividends not approved