10/19/2023
Growth slows at Hargreaves Lansdown as investor confidence falters
AUM up £800m in Q3 2023
Wealth and Asset Management
10/19/2023
Neon launches free trading ETF duo with Invesco
The Invesco All-World Ucits ETF and Invesco MSCI World ESG Climate Paris Aligned Ucits ETF are now tradable for free on the Neon platform.
10/19/2023
Julius Baer International continues UK expansion, establishes Newcastle office
The office is located on Hood Street in the city centre.
10/19/2023
Tatton sees AUM grow by almost 8%
Tatton said the “strong organic net inflows” were supported by a positive market performance of £0.10bn.
10/19/2023
Private credit is asset managers’ favoured growth area
Many firms are setting up private credit funds in response to increased investor demand.
10/19/2023
The Crypto Winter May Be Over: Morgan Stanley Wealth Management
Most of bitcoin’s gains come directly after the halving, and the next such event is expected in April 2024, the firm said.
10/19/2023
Deglobalisation, decarbonisation and demographics: how they’re going to reshape the investment landscape
What global institutional investors are telling us about some of the major issues currently influencing markets
10/19/2023
Is a New Swiss-Linked Financial Scandal Looming in Asia?
It involved a group of native Chinese with foreign passports laundering criminal funds from illegal gambling and other criminal activities in and through Singapore.
10/19/2023
UK's Schroders posts lower quarterly assets under management
Major central banks around the world have hiked interest rates to contain runaway inflation.
10/19/2023
HL shares drop as new customers and trading dry up
The online brokerage’s shares were down 5% as it struggled to gain new clients, while existing clients moved cash out of dormant accounts.
10/18/2023
Ahead of sale to Creative Planning, Goldman reports wealth management dip
Helping to bolster those numbers were the bank's roughly $2.4 billion in management fees, a figure up 7% year over year.
10/18/2023
UBS GWM to Retain Australia and India Businesses, Shuts Thailand Wealth Management Onshore Unit
Although a final decision is pending, sources suggest that Credit Suisse's onshore wealth management units in India and Australia are relatively secure.
10/18/2023
Julius Baer Faces Being Pilloried
But now Julius Baer's name is coming up concerning tax crimes, money laundering, and alleged fraud.
10/18/2023
Indosuez CEO Jacques Prost: «1+1 doesn't make 2 at new UBS»
At the same time, it's been present in Switzerland for 145 years and can reflect on a long experience in business with wealthy individuals, families, and companies in this country.
10/18/2023
Citibank Singapore to Open Two Satellite Wealth Hubs
New locations in Parkway Parade and Holland Village will complement main Orchard hub to bring wealth advisory services closer to affluent clients
10/18/2023
Broadridge Launches New Fill Matching Platform, Enabling Real-Time Reconciliation for High Volume Trading
The Fill Matching solution offers real-time reconciliation, ensuring that brokers and asset managers are constantly in sync, minimizing end-of-day mismatches.
10/18/2023
Quilter PLC Third Quarter 2023 Trading Statement
Third quarter core business net inflows of £1 million contrasted with net inflows of £324 million in the corresponding period of 2022.
10/18/2023
Boutique wealth manager opens Asian wealth-advisory practice
Comprising of a team of multilingual financial advisers
10/18/2023
Nikko Asset Management joins long list of financials calling for plastic reduction
They warn that the whole plastics lifecycle poses a serious and growing threat to the environment, climate, biodiversity, human rights and public health.
10/18/2023
Liontrust Loses £1.6 Billion of Assets in Months of GAM Takeover Bid
At the same time, assets under management fell 6.3 percent to 27.7 billion pounds at the end of the quarter, slipping further to 27.5 billion as of October 12.