02/08/2023
Lombard Odier tailors strategies for risk profiles
The 60/40 allocation is not diversified enough and portfolios can be better balanced with the inclusion of alternatives, according to CIO Stéphane Monier.
Wealth and Asset Management
02/08/2023
Evelyn Partners acquires Leathers LLP
Deal will expand the firm’s professional services presence in the North of England
02/08/2023
2022 ends with a record annual outflow from retail funds of £25.7 billion
This is the first time that an annual outflow has been recorded, with the next lowest sales total coming in 2008 during the Global Financial Crisis at £4.2 billion.
02/08/2023
Vontobel delivers satisfactory result for 2022
Wealth Management business in particular continued to perform well. In the current uncertain environment, wealth management clients displayed a preference for quality and expertise that benefited Vontobel.
02/08/2023
Stonehage Fleming backed away from Swiss acquisition targets due to price
The firm still hopes to buy complementary businesses in the country. ‘When we find the right thing we would be absolutely delighted to make an acquisition,’ says CEO Chris Merry.
02/08/2023
Investec W&I seals deal for Scottish wealth firm
The acquisition of Edinburgh-based Murray Asset Managements adds 20 staff to Investec W&I's Scottish division.
02/08/2023
Jupiter cuts investment in unlisted assets for open-ended funds
Change in investor sentiment
02/08/2023
Credit Suisse's Banker Bonus Installment Plan
Earlier, there had been reports of the postponement of bonus talks among employees of the investment bank at the managing director and director levels.
02/07/2023
BNP Paribas Group: Results as at 31 December 2022
The Board examined the Group’s results for the fourth quarter 2022
02/07/2023
Mattioli Woods sees 45% increase in pre-tax profit
The company announced a 6 per cent increase in interim dividend of 8.8p per share, up from 8.3p in the first half of the year.
02/07/2023
Chris Field no longer manager of Liontrust UK Focus
REVEALED: Chris Field is no longer managing Liontrust UK Focus, after the fund has been hit with nearly £1bn of outflows over three years.
02/07/2023
Credit Suisse Delays Some Banker Bonus Talks
In addition, several rules have been changed with the apparent intention of striking a balance between cuts and incentives to stay with the bank.
02/07/2023
Goldman Sachs Asset Management Completes Final Close of West Street Capital Partners l
One of the largest first-time Growth Equity fund in history
02/06/2023
RBC named Caribbean's best private bank
The Global Finance editorial review board base its selections on input from industry analysts, corporate executives, and technology experts.
02/06/2023
Winning Advisory Clients From Major Institutional Brands
The advisors at major brands have institutional limitations enabling smaller high-quality advisory firms to consistently win clients away from them.
02/06/2023
China’s mega-rich move wealth, partying to Singapore
Ruled by one party, with labor strikes and street protests banned, along with low taxes, Singapore ticks all the boxes for Chinese tycoons looking to relocate
02/06/2023
Credit Suisse acquires luxury resort in Florida
The partnership aims to capitalize on the recovery in the US convention hotel market and the strength of the Florida economy.
02/06/2023
Rothschild & Co has been informed of Concordia’s intention to file a simplified tender offer for the Rothschild & Co shares
The dividend would be paid on 31 May 2023 with an ex-dividend date on 29 May 2023.
02/06/2023
Zuger Kantonalbank achieves pleasing annual results for 2022
Business success increased by 1.3 percent compared to the previous year and amounted to CHF 112.6 million.
02/03/2023
Ten entrepreneurs shortlisted to receive UBS’s 2022 Female Founder Award
The award shines a spotlight on early-stage, women-led companies who are breaking boundaries in the world of financial and enterprise technology