05/17/2023
Third Financial and Wealth Dynamix Team Up on Client Lifecycle Integration
The partnership with Wealth Dynamix is the latest example of Third’s efforts to help wealth managers and financial advisors simplify and scale their businesses.
Wealth and Asset Management
05/17/2023
Pictet bets on the return of the 60/40 portfolio
Investment grade bonds and Treasuries could offer attractive opportunities due to the rise in interest rates.
05/17/2023
Praxis looks to expand yacht services offering with planned acquisition of Sarnia Yachts
The proposed deal is subject to regulatory and competition authority approvals.
05/17/2023
SJP bosses face investor backlash over 'windfall gain' remuneration
Institutional Shareholder Services urged clients to vote against package
05/17/2023
Ninety One announces full-year results for year ending 31 March 2023
Results for the year ended 31 March 2023
05/17/2023
Charles Schwab Corp. will take the fight for ultra-high-net-worth clients to Northern Trust, J.P. Morgan and Goldman Sachs
Under new president, Rick Wurster, Schwab bought Family Wealth Alliance and a stake in Dynasty Wealth
05/17/2023
Titan Wealth acquires Ravenscroft investment management business in the UK
Well established business with c.£600m AUM and offices in Peterborough and Bishop’s Stortford
05/17/2023
Nucleus’ scale drives adjusted profit of £47.7m for FY 2022
Strong progress against strategy, with profit enabling investment in product, service and price.
05/17/2023
Cash, savings and investing: Making the most of your money
How to bank for today, tomorrow and the future to make the most of your wealth.
05/17/2023
PE firm invests £6.7m in UK advice firm
Funding has facilitated the retirement of the financial planning company’s co-founder
05/17/2023
Praxis reports strong organic growth in 2022 year-end results
The Group took decisive steps on its strategy to grow revenue and achieve underlying EBITDA of £20m+ by 2025.
05/17/2023
Ralph Hamers Leaves UBS a Nice Parting Gift
Some 77 percent of UBS personal banking clients and 81 percent of corporate and institutional clients are using its digital offerings.
05/17/2023
UBS Intensifies Focus on Onshore Banking in Taiwan
Some clients reacted strongly and transferred their funds elsewhere
05/16/2023
US-Listed Firm Acquires AL Wealth Partners
This will help AlTi further expand in Asia in addition to its existing presence in Hong Kong.
05/16/2023
GAM Bonuses Fall Victim to Takeover Plans
The decision is essentially a reflection of how quickly sales fell last year said CEO Peter Sanderson.
05/16/2023
Cazenove Capital lays out voting best practice for asset managers
Schroders-owned wealth firm penned a six-point letter to 93 asset managers who oversee £30trn AUM
05/16/2023
Suntera Global bolsters Guernsey presence with acquisition of Carey
Suntera Global makes a further Guernsey acquisition to broaden its service offering and augment its international fund administration capability.
05/16/2023
Jersey Private Funds & the Middle East
A JPF is a regulatory fund structure created for a small number of sophisticated investors, ideal for family offices and club investors when investing in alternative asset classes.
05/16/2023
Geneva WM to lift GAM stake above 10% amid Liontrust battle
NewGAMe and Bruellan plan to increase their stake in GAM to above the 10% threshold as the fight to block Liontrust’s £96m bid for the business intensifies.
05/16/2023
Ninety One UK Sustainable Equity added to Wealth Shortlist
The fund’s positive impact approach makes it different to other funds in the IA UK All Companies sector, and to other responsible UK equity funds.