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Wealth and Asset Management

07/14/2023

Kestra Holdings’ Subsidiaries Shortlisted across Seven Categories for WealthManagement.com’s 2023 Industry Awards

High-volume of nominations reflect Kestra’s ongoing commitment to providing superior service, cutting-edge technology, and a suite of resources to deliver value to its nationwide ecosystem of financial professionals

07/14/2023

CEO Christian Sewing named Banker of the Year by Euromoney

The first Deutsche Bank CEO to receive the long-running award, Sewing was singled out for transforming the bank and advocating for financial integration in Europe.

07/14/2023

Broadridge Awarded Best Global Proxy Voting Service Award at Goodacre’s Systems in The City Awards

Recognised as industry leaders in enabling seamless investor voting and engagement for the fifth year running

07/14/2023

Partners Group reports continued H1 AuM growth and reconfirms full-year fundraising guidance

During the same period, the firm committed USD 5.0 billion to transformational investing across private markets asset classes globally and generated USD 5.4 billion in portfolio realizations.

07/14/2023

ONE Swiss Bank - H1 2023 Financial Results

These positive performance indicators show that our business is well positioned to grow in the current environment.

07/14/2023

BNP Paribas awarded "World's Best Bank" and "World's Best Bank for Sustainable Finance"

In 2023, BNP Paribas took another significant step and ceased all financing dedicated to the development of new oil and gas exploration-production activities.

07/14/2023

Wells Fargo Wealth sees revenue drop but assets rise in Q2 2023

The wealth and investment management arm of Wells Fargo saw revenue drop 2% year-on-year in Q2 2023, from $3,705m to $3,681m.

07/14/2023

Liontrust quarterly assets under management fall but in good shape

This was attributed to net outflows of GBP1.62 billion, while GBP294 million was lost through market and investment performance.

07/14/2023

Carey Olsen named Offshore Firm of the Year at Chambers High Net Worth Awards 2023

National and international law firms across the world were awarded across 11 categories for their outstanding work, impressive strategic growth, and excellence in client service.

07/14/2023

Liontrust makes last minute call to Gam shareholders

The Liontrust offer has been subjected to full and detailed due diligence.

07/13/2023

Pressure on banks = pressure on WealthTechs

Warren Buffets' famous quote: “Only when the tide goes out do you discover who’s been swimming naked.” has rung true yet again.

07/13/2023

Private Banks Zone In on India’s Onshore Wealth

As a result, numerous financial institutions are setting up new private banking divisions or upping their ambitions in the onshore market.

07/13/2023

Caledonia Investments solicits bids for $585 million wealth manager 7IM -sources

Unlike continental Europe where investment products are largely distributed through banks, the UK has a vast network of investment advisory shops that help customers manage their money.

07/13/2023

Standard Chartered Bank’s Group CIO Extols the Virtues of Long-term Views and Flags the Importance of the 60-40 Model for the Average Investor

He points to the continuing importance of the close Standard Chartered alignment between the CIO Office and the bank’s DPM team to help guide wealthy Asian private clients through the confusion.

07/13/2023

Fairstone establishes 'West Midlands Hub' with investment in Dudley's Prosperity Wealth

The growing North East wealth management group says it is looking to back management teams of larger independent financial advice firms

07/13/2023

Brooks Macdonald assets tick up on £100m quarterly inflow

In a trading update this morning, the wealth manager reported a FUM increase of 0.4% in the three-month period ending 30 June, climbing from £16.79bn to £16.85bn.

07/13/2023

GAM's largest shareholder supports the Liontrust offer

A shareholder since August 2011, Silchester is familiar with the asset management industry, regulatory approval processes globally, and GAM’s management.

07/13/2023

CEE’s best bank for wealth management 2023: UniCredit

But UniCredit is clearly committed to staying the course.

07/13/2023

Succession Wealth expands its Birmingham HQ

Totalling 64,000 sq ft, the 11-storey development has recently undergone an extensive programme of refurbishment

07/13/2023

Got less than $680,000 to invest? Morgan Stanley doesn’t want your business

Once the review is completed, impacted clients will be contacted and presented with alternative solutions, where appropriate, ensuring a smooth transition.

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