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Wealth and Asset Management

09/04/2023

Stonehage Fleming Holds Final Close on Private Capital Annual Vintage Programme Raising in Excess of $130 Million for the 2023 Fund

The programme’s disciplined portfolio construction aims to lower the risk profile for its clients compared with many of the alternatives.

09/02/2023

Goldman Lampe Private Bank Announces Comprehensive Changes to Client Onboarding Policy

Effective 15th September 2023

09/01/2023

World’s wealth managers look to Asia in response to shift in global affluence

Boston Consulting Group report predicts fortunes in Asia will rise faster than the world average

09/01/2023

Paul Flood backs bonds as Newton adds fund to multi-asset range

BNY Mellon’s funds division is launching a new fund for the AA-rated Flood which will have a minimum 30% weighting to fixed income.

09/01/2023

Evelyn Partners completes the acquisition of Dart Capital

Dart Capital is a well-established boutique wealth manager based in the City of London with £750 million* assets under management and a team of nineteen people.

09/01/2023

Paul Lorentz, Manulife Asset & Wealth Management: Canada to Europe, via Asia

As an insurer, Manulife already has a global footprint and a remarkably strong presence in Asia, where it has been operational for many decades. 

09/01/2023

Anti-ESG asset manager Strive launches ‘Faang 2.0’ ETF

New passive fund will track fuel, aerospace, agriculture, nuclear and gold sectors, rather than the US tech giants which spawned the original acronym.

09/01/2023

Sergio Ermotti's Solemn Promise

The period of instability is over and UBS is looking ahead and focusing on implementing the restructuring.

09/01/2023

Quentin Marshall takes over as CEO at Weatherbys Banking Group

Weatherbys Managing Director has replaced Roger Weatherby as CEO, who will step up to the role of Chairman as part of the family-owned group’s long-term succession plans.

08/31/2023

Bordier & Cie's Ron Lee: ETFs help navigate China markets

China's market volatility has made it tough to deepen DPM penetration, as clients take on a performance-centric outlook to Asia, according to Bordier's Ron Lee.

08/31/2023

The eight asset managers most committed to ESG

Morningstar has ranked 108 asset managers based on their processes, resources and track record in ESG.

08/31/2023

Pictet announces first-half 2023 figures

The Pictet Group’s total capital ratio remained strong.

08/31/2023

UBS's second-quarter 2023 results

Consolidated financials for 2Q23 and 1H23 include results for the former Credit Suisse business from 1 June 2023

08/31/2023

The ESG rules all SJP fund managers must now comply with

SJP's model is to outsource the management of the funds its clients are invested in to third party firms, with the funds then operated under the SJP label.

08/31/2023

Credit Suisse AG, a UBS Group company, announces second quarter 2023 financial results

Provided below is a reconciliation of Credit Suisse’s adjusted results to the most directly comparable US GAAP measures.

08/31/2023

Sergio Ermotti Has No Time for Nostalgia

Ermotti said the integration of Credit Suisse's domestic business is his base scenario, and that the Credit Suisse brand will be gone by 2025.

08/31/2023

REYL Intesa Sanpaolo triples its net profit in the first half

REYL Intesa Sanpaolo is pursuing an organic growth strategy based on high-potential institutional partnerships and is confident of making further progress in the second half of the year.

08/31/2023

UBS just smashed JPMorgan’s record for quarterly bank profit

Global firm's wealth management unit was among its star performers.

08/31/2023

UBS to reduce Swiss workforce by 3,000 in $10 billion cost-cutting move

The world's largest wealth manager could have spun off the business and floated it in an IPO but the domestic bank has been a solid profit-maker for Credit Suisse and last year it was the only division in the black.

08/31/2023

Westbrooke's UK private debt fund achieves R400m record raise from SA investors

This is notable as the large portion of the fund’s investor base comprises South African connected capital.

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