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Wealth and Asset Management

04/22/2024

Asian wealth management benefits as Hong Kong regains international status

Ocorian is investing in the region with recent acquisitions including leading corporate services provider A- Pass and is committed to further acquisitions across Asia.

04/22/2024

Pictet targets $400m with new environment tech Eltif

The Article 8 strategy co-invests with ‘all the big names of the private equity world’.

04/22/2024

China’s $3.7 Trillion Wealth Industry Is Plagued by Sub-3% Returns

Low-risk investments that yield 3% are becoming rare. It’s disorienting for a nation of savers and their asset managers.

04/22/2024

Five waves of UBS layoffs to start in June, SonntagsZeitung says

Most of the cost savings are set to come from cutting staff and analysts have estimated between 30,000 and 35,000 jobs could go globally.

04/22/2024

Local success & global expertise: how a focus on entrepreneurs boosts Julius Baer in the UK

The UK wealth market is a competitive industry, but thanks to Julius Baer’s focus on pure wealth management and highly personalised service, the firm is poised to grow its regional footprint further.

04/22/2024

Janus Henderson aims to double AUM in Asia in five years

Andrew Hendry, Asia Pacific CEO at Janus Henderson, explains how the firm has turned the page following the merger in 2017.

04/22/2024

Wellington inks distribution deal with SCPB

Standard Chartered Private Bank will distribute Wellington Management's Credit Total Return fund.

04/22/2024

Ludlow Trust announces purchase of C. Hoare & Co’s trust business

The deal marks a significant milestone in Ludlow Trust’s growth.

04/19/2024

Morgan Stanley Wealth Management Pulse Survey Reveals Bullish Sentiment Despite Drop in Optimism

Inflation and election concerns have increased.

04/19/2024

ABN AMRO is doubling the number of Help with Banking advisers

Banking is becoming increasingly digitalised and also easier for many.

04/19/2024

Gary S. Williams of Williams Asset Management Honored in Forbes Best-In-State Wealth Advisors List for 2024

This marks the sixth year in a row of being named to this prestigious list of financial advisors.

04/19/2024

Coutts' approach to investing

How we decide where to invest our clients’ money – and how it’s working out.

04/19/2024

Raiffeisen publishes annual reports for 2023

It managed to grow in all business areas and gain market share.

04/19/2024

HNW advice firm partners with Multiply

This will be done by automating aspects of the onboarding and annual review processes for clients.

04/19/2024

Geneva-based Pictet AM debuts AI-powered global equities fund

The Luxembourg-domiciled fund will target an annual return before fees of 1.5% above the MSCI World index

04/18/2024

UBS, Nomura Battle to Win Rates Sales to Europe’s Ultra Rich

Switzerland’s biggest bank has been adding to its structured rates offering over the past six months.

04/18/2024

Brooks Macdonald funds under management rise in third quarter

During the third quarter, organic net new business fell by GBP294 million or 1.7%, but this was more than offset by investment performance rising by GBP642 million or 3.7%.

04/18/2024

UBS GWM's market team head for Malaysia and Singapore exits

The market team head had been with UBS GWM for almost two decades.

04/18/2024

Smead Capital's contrarian oil bet piques private bank interest

The $6bn US value house has been a long-term backer of the out-of-favour sector, which is now catching the eye of private banks looking to diversify away from the Magnificent Seven.

04/18/2024

New wealth management firm launched near York

The company, based near Pocklington, will cater to the financial needs of business leaders, landowners, and high net worth clients.

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