09/20/2022
Oberon Investments appoints “Wealth Manager of the Year”
Oberon has been extremely successful in growing its funds under management and administration business which now look after over £1 billion of funds.
Wealth and Asset Management
09/20/2022
Bank CIC makes the new Swiss banking hybrid
Bank CIC is a subsidiary of the French group Crédit Mutuel.
09/20/2022
T Rowe Price moderates position on Asia credit
US-headquartered asset manager changes tack in its latest insight on global asset allocation and the investment environment.
09/20/2022
Signature Bank Named #1 in Private Bank and Business Escrow Services Categories of New York Law Journal’s 13th Annual “Best of” Survey
Also Named Second in Best in Business Bank Category; Consistently Ranked #1 or in Top Three for the Past 13 Years
09/20/2022
Credit Suisse dismisses 21 wealth management staff in Brazil
The employees are mostly support personnel from the wealth management unit.
09/20/2022
Global Wealth Report 2022 – record wealth growth in 2021 tapered by challenging 2022 market environment
Wealth per adult rose 8.4% to USD 87,489. Setting aside exchange rate movements, aggregate global wealth grew by 12.7% in 2021, which is the fastest annual rate ever recorded.
09/20/2022
J. Stern & Co to launch Emerging Markets Debt fund investing in the bonds of high-quality emerging market companies
The Emerging Market Debt Stars Fund will provide an opportunity to generate a 5-6% total return, net of fees, over the medium term, from investing in the bonds of high-quality emerging market companies with strong fundamentals, lower inherent risks, and s
09/19/2022
Mercer International Inc. announces completion of a new €300 million sustainability-linked term revolving credit facility
The New Facility has a five year term, is unsecured and accrues interest at a rate of Euribor plus a stipulated margin.
09/19/2022
Credit Suisse May Bring Back First Boston Name
First Boston had been a widely recognized name in investment banking when Credit Suisse first bought a stake in it in the late 1970s and then assumed full ownership in it slightly more than a decade later.
09/19/2022
UAE offers unparalleled opportunities for high-net-worth individuals
There is a net loss of millionaires from the powerful developed economies because of high inflation and uncertain economic situation.
09/16/2022
Private Debt Goes Mainstream in Asian Wealth Management
For private debt, 2022 may be the year the asset class goes mainstream in wealth management
09/16/2022
Mark Dean Wealth Management teams up with Pacific Asset Management on advisory portfolio Service
Pacific Asset Management appointed as core MPS partner to enhance the wealth manager’s successful range of advisory portfolios.
09/16/2022
Beaumont Financial Partners to Join Focus as a New Partner Firm
The transaction is expected to close in the fourth quarter of 2022, subject to customary closing conditions.
09/16/2022
Swiss funds can learn from Vietnam’s gender diversity: AAA-rated manager
Shasha Li Mafli shares her experience as a woman in finance, both in Europe and in Asia.
09/16/2022
UBS AM buys A$400m North Sydney office from ​Partners Group
Partners Group and the then Propertylink bought the building, under the Propertylink Australian Commercial Trust, for A$150m, and undertook a refurbishment programme, costing more than A$60m.
09/16/2022
$368 Million Advisor Team Joins UBS in Greater Los Angeles Market
Carl provides high net-worth clients with tailored wealth management solutions based on their unique family circumstances, concerns and aspirations.
09/16/2022
Is now a good time to back British Businesses?
The Founder and Executive Chairman of the UK’s most active growth capital investor told Coutts’ clients there were plenty of reasons to support British business despite the challenging economy.
09/15/2022
SLK Private Wealth, a $1.6 Billion Elite Team, Chooses Partnered Independence With Sanctuary Wealth
Three founding partners are top ranked advisors by Forbes/Shook, including the #6 wealth advisor in California
09/15/2022
Morgan Stanley Private Bank, National Association Receives Outstanding Rating for Community Reinvestment Initiatives
Rating given by the Office of the Comptroller of the Currency
09/15/2022
Morgan Stanley counting fresh assets in the trillions
After its spate of acquisitions, Morgan Stanley now has relationships with 16.5 million clients, Andy Saperstein, its head of wealth management, points out.