03/10/2023
UK wealth portfolios flounder as FTSE reaches record high
All four of Asset Risk Consultants’ Private Client Indices (PCIs) saw moderate losses during the month, according to estimates published last week.
Wealth and Asset Management
03/10/2023
Aegon snubs UK platform sale speculation
Aegon bought L&G-owned platform Cofunds for £140m in 2017, becoming the biggest platform provider in the UK.
03/10/2023
Zurich private bank publishes climate scores for its managed assets
Globalance’s greenhouse gas emissions were found to be 60% lower than the comparative values of the MSCI World benchmark.
03/10/2023
Masttro Secures $43 Million Growth Equity Investment Led By FTV Capital
Investment will expand Masttro’s global reach as leading software platform serving high-net worth ecosystem
03/10/2023
Special Committee Of Canaccord Genuity Group Inc. Responds To Shareholder Meeting Requisition
The Board established the Special Committee in August 2022
03/09/2023
UBS : Quarterly private markets update
They currently favor strategies that can take advantage of price dislocations, like secondaries.
03/09/2023
BNP Paribas Asset Management adds to range of sustainable ETFs with two new bond funds
The index excludes issuers in sectors with a negative ESG impact (such as fossil fuels), those in violation of the principles of the United Nations Global Compact and those involved in ESG-related controversies.
03/09/2023
Standard Chartered throws weight behind Asian equities and IG bonds
The bank’s CIO, Steve Brice, says that diversifying into alternatives, especially infrastructure investments and hedge funds, is also important.
03/09/2023
Credit Suisse gains approval to launch WM business in China
To serve wealthy onshore mainland clients, the bank is planning to double the number of relationship managers this year.
03/09/2023
ZEDRA enters US private wealth market by opening a new office in South Dakota
ZEDRA’s new office will strengthen the firm’s presence in the Americas and promote its proven active wealth expertise in the US private wealth space.
03/09/2023
Credit Suisse announces technical delay of publication of 2022 Annual Report
Management believes it is prudent to briefly delay the publication of its accounts in order to understand more thoroughly the comments received.
03/09/2023
Evelyn Partners announces £184.3 million of adjusted EBITDA in 2022
The business also made strong progress with its strategic priorities, including the rebrand, its digital and operational transformation programme and further enhancing its service offering.
03/09/2023
M&G plc full year 2022 results
Returned nearly £1 billion to shareholders through dividends and share buy-back
03/09/2023
Partners Group announces amendments to the composition of its Board of Directors and an addition to its Executive Team
The Board has nominated Gaëlle Olivier for election as a new independent member of the Board.
03/09/2023
Solid results, increased cash remittance and higher dividend at Baloise
This resulted in profit attributable to shareholders of CHF 548.0 million.
03/09/2023
LGT foresees long-term growth in Thailand
LGT selected Thailand as its third regional market in part because of Bank of Thailand and SEC support for Thai offshore investments.
03/09/2023
UBS’s Helen Ollivro wins Woman of the Year for Jersey in Citywealth’s Powerwomen Awards 2023
The awards champion women in the wealth management sector globally and the winners were announced at events in London and New York.
03/09/2023
Schroders receives approval to launch first Long-Term Asset Fund
Private assets have the potential to help DC investors achieve their aims of a good outcome in retirement.
03/08/2023
An eventful start to the year for equity markets
The positive tone also reflected an adjustment of expectations among investors, who are now predicting a less severe global recession, while stocks that were oversold in 2022 – like Amazon, Tesla, Meta and Nvidia – rebounded strongly in 2023.
03/08/2023
Int'l Women's Day: Asia's Most Influential Private Bankers
Due to a number of factors involving socioeconomics, culture, history and more, this has been the case since the industry’s early days and the trend is likely to persist.