03/02/2023
Edmond de Rothschild has advised the founders of Redslim in the opening of share capital to Andera Acto
The founding shareholders welcome Andera Acto to its capital, which will accompany the Group in the next stages of its development.
Wealth and Asset Management
03/02/2023
Lazard Asset Management Acquires Truvvo Partners, Creating Lazard Family Office Partners
As a result of Truvvo joining LAM, the firm’s global wealth management AUM, including assets managed across the firm’s European wealth management business, will total approximately $22 billion.
03/02/2023
Julius Baer announces successful completion of share buy-back programme
Under this programme, Julius Baer repurchased a total of 7,799,460 registered shares at an average price per share of CHF 51.29 for a total volume of CHF 400 million on a second trading line on the SIX Swiss Exchange.
03/02/2023
Lombard Odier reports full-year 2022 results, attracting net new money in a volatile environment
The Group’s total client assets stood at CHF 300 billion at end of 2022.
03/02/2023
Credit Suisse Bids Above Rivals For Rich Clients as Bankers Exit
The jumbo rates underscore the need to recover from outflows which topped $100 billion last quarter as Credit Suisse grapples with a steady drumbeat of senior departures in wealth management, who will soon be trying to take assets to their new employers.
03/02/2023
Stifel upgrades Chrysalis to 'Hold' 22 days after 'Sell' call
Lessened derating
03/02/2023
Raiffeisen with very good annual result
The profit exceeds the previous year's result by 10.6 percent.
03/02/2023
‘Stress test’ year sees Schroders profits slide 14%
Market movements blamed for 4% AUM decline
03/02/2023
Hubert Keller: «I hope my style is the Lombard-Odier style»
We expect central bank policy to remain tight in 2023, which should make for volatile stock markets.
03/01/2023
J. Safra Sarasin: «Takeovers Cannot Be Planned»
On earnings power alone, the bank performed admirably last year as net profit rose four percent to 440.2 million francs ($476.6 million) compared to the record year 2021.
03/01/2023
Wealth managers support HK’s family office incentives
Recent measures should strengthen Hong Kong’s competitive edge and encourage new and existing family offices to expand their presence.
03/01/2023
WealthTechs win by managing wealth and not the wealthy
Traditional wealth managers often have their eyes locked on servicing high net worth (HNW) and ultra-high net worth (UHNW) clientele.
03/01/2023
Results statement - full year to 31 December 2022 Rathbones
The wealth management sector continues to offer a significant long-term opportunity which Rathbones has the brand, momentum and balance sheet strength to benefit from.
03/01/2023
J. Safra Sarasin Group announces another year of good results in 2022
Group CET1 Capital of CHF 6.2 billion up from CHF 5.7 billion at the end of 2021, with a CET1 ratio of 44.1%, well in excess of regulatory requirements.
03/01/2023
Liechtenstein’s Kaiser Partner Privatbank joins SIX Digital Exchange
As part of its strategic efforts to grow its network of participating members, SDX welcomes Kaiser Partner Privatbank as a new member on its Central Securities Depository (CSD), the first SDX member bank from Liechtenstein.
03/01/2023
Vanguard closes financial planning arm
In an email to clients sent last night, seen by NMA, Vanguard said it will be refunding clients all financial planning fees they have incurred from the service since they joined.
03/01/2023
Wellington expands fund range to Singapore HNWIs
The investment manager launched three new funds targeting the wealth channel in Singapore, following its first retail launch in 2021.
03/01/2023
Rathbones assets drop £8bn as wealth managers feel the squeeze
CEO Paul Stockton says long-term trends are still in the sector's favour
03/01/2023
Global dividends hit record $1.6trn in 2022
Janus Henderson
03/01/2023
AssetCo and Westwood establish US footprint
This process will start this year and will also include the subsidiaries of AssetCo such as River and Mercantile, SVM, Saracen, and Rize ETF.