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Wealth and Asset Management

04/18/2023

Wealth manager celebrates record year, despite volatile markets

Net inflows in the second half of the year were £0.887bn, an average of £148m per month, maintaining the strong performance delivered in the first half of the year of £0.907bn.

04/18/2023

Liontrust among suitors for Zurich-listed asset manager GAM

A combination of London-listed Liontrust Asset Management and GAM would create a fund manager overseeing roughly £100bn in assets, Sky News learns.

04/18/2023

Emerging markets in the era of friend-shoring

Five years ago the US and China began imposing tit-for-tat customs duties, adding friction to global trade.

04/18/2023

Deutsche Bank Targets Asia’s Rich as Credit Suisse Clients Flee

The bank is targeting entrepreneurs with investible assets

04/18/2023

Objectway in the Wealthtech 1000 for the Fifth Consecutive Year

The Advisory Board and FinTech Global team set out to find the best and brightest companies that are solving the industry’s most significant problems, raising capital, generating revenue, and gaining customer traction.

04/18/2023

BNP Paribas' wealth management unit to launch in Thailand

BNP Paribas named Daniel Peter as chief executive of the wealth management unit in Thailand.

04/18/2023

DFM's assets trapped after FCA shuts down WealthTek

Collapsed wealth firm was custodian for Stellar Asset Management, meaning client money is stuck while special administrators complete their task.

04/17/2023

Julius Baer Opens New Hong Kong Office

The new space will complement its existing office in the central business district’s International Finance Center (IFC) building.

04/17/2023

How the wealthy borrow cheap cash to pay their taxes

Wealth management clients with hefty stock and bond portfolios have long used their holdings as collateral for loans to bankroll their dreams

04/17/2023

For These Morgan Stanley Advisors, Having a Big Team Is a Must

Along with partners Mary Guza and Diana L. Chaney, Ricca explains how their group’s structure benefits both clients and younger colleagues, and what investors should look for in an advisor.

04/17/2023

MAS has not issued a directive – tacit or otherwise – to banks to keep quiet about the origins of wealth inflows

The increased fund flows into Singapore were from high net-worth individuals from different markets.

04/17/2023

Ashmore outflows more than halve to $1bn

Net outflows at the fund firm narrowed by 57% in the first quarter as sentiment towards emerging markets improved.

04/17/2023

Labuan IBFC Delivered Commendable Growth In Multiple Fronts

Labuan IBFC complements the activities of the domestic Malaysian financial market and the Centre has now become fundamental to the Labuan economy and growing importance to Malaysia generally.

04/17/2023

Jersey based Oakglen Wealth launches UK investment management arm

Quilter Cheviot veteran Dominic Tayler at the helm as Managing Director (UK)

04/17/2023

Redmill Advance buys financial adviser training provider

It is the company’s first acquisition of 2023

04/17/2023

UBS-CS Deal Gets Fed Seal of Approval in the US

After one year, UBS must have only one US intermediate holding company or receive additional approval for an alternative organizational structure.

04/14/2023

LV= announces plans for BlackRock as its main asset manager partner

This move is part of LV’s wider strategy to advance its investment management capabilities and strengthen future performance prospects for investors.

04/14/2023

RBC Global Asset Management Inc. announces changes to RBC ETFs and the maturity date of RBC Target 2023 Corporate Bond Index ETF

In addition, RBC GAM Inc. also announced a change to the unitholder right to redeem for cash for all RBC ETFs and ETF Series of RBC Funds.

04/14/2023

Private assets views Q2 2023 - Navigating the downturn

A regular update from our private assets business, that includes detailed thoughts on the risks and opportunities emerging in each private asset class.

04/14/2023

FOMC minutes reflect banking system uncertainty

As is usually the case, we did not find anything too surprising in the minutes, but they still provide useful details on the conversations that took place at the meeting.

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