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Wealth and Asset Management

12/20/2023

Clients care less about ESG than the media – Zurich private bank boss

While some customers are keen on sustainable investing, many are not willing to give up investments in old-economy companies if they think there‘s still profits to be made.

12/20/2023

Evolving Attitudes: High Net Worth Individuals Navigate the Storm

They certainly seem to have an interest in a broader set of subject matters to be initially discussed than what has historically been the case, which has been investment returns.

12/20/2023

Asset managers face tougher rules on investor cash calls

Funds could not raise cash fast enough, though the industry has argued that many parts of the market came under severe stress at that time.

12/20/2023

Despite delivering investors losses of 39% over the past 3 years, Liontrust Asset Management has been growing its earnings

After all, the share price is down 50% in the last three years, significantly under-performing the market.

12/19/2023

Edmond de Rothschild announces a strategic agreement and the acquisition of its third-party Asset Servicing business by Apex Group

This transaction is a noteworthy step in Edmond de Rothschild's strategy to focus on its core areas of expertise in Private Banking and Asset Management.

12/19/2023

How Asset and Wealth Management Firms Can Survive in a New Era

The industry is grappling with an unprecedented set of existential challenges.

12/19/2023

Swiss private bank Mirabaud aims to double LatAm wealth assets

The group is aiming to hit $8bn in assets under management in Latin America over the next six years.

12/19/2023

BNP Paribas hopes China wealth management arm to break even by 2026

CEO of venture remains 'cautious' in face of foreign bank onslaught into market

12/19/2023

FINMA publishes report and lessons learned on Credit Suisse crisis

As a contribution to dealing with the crisis, FINMA has comprehensively analyzed and processed the history, the associated supervisory activities, the acute course of the crisis and the resulting need for change.

12/19/2023

Leonteq acquires 10% stake in BX Swiss

The shares were acquired from the Boerse Stuttgart Group.

12/19/2023

Tavistock Investments posts a profitable first half, robust team growth

Adjusted earnings rocketed twelvefold to £1.7 million and earnings per share flipped from an interim loss in the first half of 2022 to 0.04p this year.

12/19/2023

Atomos sweeps up two more advice firms to close out 2023

Firms in Devon and Surrey to be integrated by the end of March

12/19/2023

Hipgnosis Songs pulls half-year results due to valuation concerns

Royalties fund delays its interims after ‘heavily caveated’ response from manager Merck Mercuriadis to questions over the valuation of assets following two heavily discounted sales.

12/19/2023

Geneva private bank on track for record profits

Banque Cramer’s assets under management reached CHF 3.4bn in November.

12/19/2023

How 2023 became the year of the axe for asset management chiefs

From Matthews Asia’s aggressive reworking to Jupiter’s strategic charm offensive, the past 12 months have been a period of downsizing and redirection.

12/19/2023

ASIC issues infringement notice to Northern Trust Asset Management for greenwashing

ASIC was concerned the information in the PDSs was misleading because the Carbon Emissions Exclusion Screen was not properly applied.

12/19/2023

Schroders joins GREEN to drive sustainability in real estate

Joining GREEN will allow Schroders’ Global Cities team to work alongside its peers to engage with listed real estate companies and implement meaningful change.

12/19/2023

Rathbones Investment Management International wins at WealthBriefing awards

Each of these categories is highly contested and is subject to a rigorous process before the ultimate winner is selected by the judges.

12/18/2023

St James’s Place: wealth manager pays price for fee structure change

Higher borrowing costs make it more expensive for any new buyers of partner franchises

12/18/2023

Lombard companies in Bermuda are no longer under review

The outlooks assigned to all these credit ratings is stable.

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