07/15/2022
Sanlam Wealth rebrands to Atomos
The name Atomos, which means “indivisible” in ancient Greek, was chosen to represent a strong internal culture of collaboration, inclusivity and diverse perspectives.
Wealth and Asset Management
07/15/2022
Ogier remains the only firm with top-tier ranking across Cayman, Guernsey and Jersey in Chambers HNW Guide
Ogier is "the go-to firm on the island for Jersey private client expertise", with James Campbell, Josephine Howe and Katherine Neal all being marked out as notable practitioners.
07/15/2022
Blackrock misses expectations
The falling markets and strengthening dollar had a clear negative impact on Blackrock's assets under management.
07/15/2022
CEE’s best bank for wealth management 2022: Raiffeisen Bank International
Banks that barely looked beyond the top-tier clients may be particularly hard hit as increasing numbers of those clients come under international sanctions.
07/15/2022
Wealthy Asians have lost the joy of trading
The Swiss bank had recently indicated that results in the second quarter of 2022 could be affected by customer withdrawals.
07/14/2022
Wealth Management Firm Continues Global Expansion for UK Expats
Chase Buchanan, the international private wealth management company has further expanded local presence with a new office in Javea, Spain supporting the growing demand from UK nationals living abroad.
07/14/2022
Credit Suisse Asset Management's Credit Investments Group Closes Private Credit Opportunities Fund at USD 1.67 billion
To date, PCO has deployed approximately half of the Fund which will have in excess of USD 3 billion of deployable capital including leverage.
07/14/2022
NAB Private Wealth and BlackRock join forces to make ETF investing more accessible
NAB’s customer insights highlight that investors are increasingly looking for better value and guidance along their investment journey.
07/14/2022
Apex Group expands offering with acquisition of Context365 business
This acquisition reinforces Apex Group’s mission to disrupt the industry through delivering frictionless, innovative and digital solutions into the asset management space.
07/14/2022
$421bn Stifel to enter offshore wealth management arena with new Miami biz
Coloma joined Stifel in June last year as a branch manager and has been working on setting up its international wealth management business since his arrival
07/14/2022
Kaleido Privatbank relies on InCore Bank's Digital Asset Services
Many experts are convinced that digital assets such as cryptocurrencies, but also digitized, or tokenized assets, belong in a diversified portfolio.
07/14/2022
Deutsche Bank partners Abbove for wealth management services in Belgium
Deutsche Bank has partnered with wealthtech Abbove to utilise its wealth planning platform for clients in Belgium.
07/14/2022
Brooks Macdonald posts fifth quarter of net inflows
Analysts at Equity Development said it was impressive that the investment manager saw net inflows in Q3 and Q4, during periods of sharp market falls which normally coincide with net outflows for investment managers.
07/14/2022
SNB distributions: are the Confederation and cantons looking down the drain?
As a result of its monetary policy, the SNB's balance sheet expanded massively, and the income from the reinvested funds grew plentifully.
07/14/2022
Middle East’s best bank for wealth management 2022: UBS
The result is a growing business and product range attracting more new wealthy clients.
07/14/2022
Barclays on the hunt for Chinese banking partner to enter $4.3tn asset management market
A successful move into the market would see Barclays join a string of other Western financial firms who have started or are in the process of launching operations in China’s lucrative $4.3tn bank-dominated asset management market.
07/14/2022
Africa’s best bank for wealth management 2022: Standard Bank
At the end of 2021, Standard Bank boasted R122 billion ($7.7 billion) in total wealth and investment assets under management in discretionary portfolios.
07/14/2022
JPMorgan’s Earnings Disappoints; Jamie Dimon Says Firm Ready for ‘Toughest of Times’
Chief executive officer Jamie Dimon was optimistic about the asset and wealth management business, however, noting that it "delivered solid results as the impact of higher rates and loan and deposit balances more than offset the decline in market lev
07/14/2022
Swiss fund market shrinks by 12% in H1 2022
It went from CHF 1.5tn at the end of 2021 to CHF 1.3tn
07/13/2022
UBS Advisor named Top Private Wealth Advisor in Los Angeles
He ranked #1 in the Los Angeles Private Wealth Management category and has appeared on the Forbes/SHOOK Best-In-State Wealth Advisors list for five consecutive years.