06/23/2020
Envysion Wealth Management sets up Variable Capital Company
The first sub-fund strategy under Envysion Global Investments VCC is a unique alternative investment in commodity trade receivables; specifically, in the receivables of nickel.
Wealth and Asset Management
06/23/2020
In The Digital Age, A Wealth Manager's Best Sales Tool Is Being Human
The winners of tomorrow – the wealth advisors who succeed in building highly successful bionic sales and distribution functions – will not be those who stumble serendipitously on some goldilocks recipe of human and machine.
06/23/2020
Credit Suisse agrees deal to buy into Brazilian digital broker modalmais
Credit Suisse has agreed a deal with digital broker modalmais that could see it buy a stake of up to 35% in the Brazilian company, the Swiss bank said in a statement on Tuesday. Modalmais has nearly 1 million clients, to whom Credit Suisse expects to sel
06/22/2020
The COVID-19 pandemic: How it’s impacting asset management sales teams
Prospecting has been more challenging.
06/22/2020
Global Wealth 2020: The Future of Wealth Management—A CEO Agenda
20th Edition
06/22/2020
Close Brothers announces new CEO
He will take up the new position, and become an Executive Director of the group, with effect from 21 September 2020.
06/22/2020
Julius Baer expands onshore office in India
Gumashta added, "To stay one step ahead, we have upgraded our digital infrastructure to meet the evolving needs of our clients."
06/22/2020
Money showers by Rathbones
The UK debt to GDP ratio has now surged above 100% for the first time in almost 60 years, although it is still well below many other developed nations.
06/22/2020
Rathbones expands multi-asset range
They will invest globally in a combination of government and corporate bonds, listed company shares, structured products and derivatives.
06/22/2020
Sanlam shuts offices and freezes pay in Covid-19 fallout
Sanlam has shut three regional offices and frozen pay as part of a widescale cost-cutting plan in the wake of the pandemic, Wealth Manager has learned.
06/21/2020
Private banks to boost hiring in S'pore: Sources
They reportedly plan to hire around 75 people in offshore Greater China teams, amid HK's political uncertainty
06/19/2020
GAM expects to report 1H loss of 400 mln Sfr
This update is as a result of expected impairment charges on intangible assets driven by the impact of Covid-19 on the Group’s assets under management.
06/19/2020
Irish asset manager sets up wealth operation
It will be run by three former private bankers
06/19/2020
Death of Alain Leclair, founder and former CEO of Paribas Asset Management
An emblematic figure within asset management
06/19/2020
Wealth Management - Driving Transformation through a 360° Client Lens
It is the ‘who, what, why, when and where’ of customer lifecycle management.
06/19/2020
WealthTech Views Report: Using technology to engage with clients
Collating the views from 14 solution providers and thought leaders from across the globe
06/19/2020
Goldman Sachs raises 12-month gold price forecast to $2,000
Goldman has also raised the three-month and six-month price forecasts to $1,800 and $1,900, respectively, from the previous projection of $$1,600 and $1,650.
06/19/2020
Private banks to boost hiring to manage Greater China offshore wealth - sources
Demand for private bankers for the so-called Greater China desks in Singapore has been rising since last year as pro-democracy protests in Hong Kong pushed some clients to consider alternate locations for parking their wealth.
06/19/2020
The Wealth Management Industry May Need to Reevaluate Business Models
Globally, personal financial wealth has nearly tripled over the past two decades, rising from US$80 trillion in 1999 to US$226 trillion at the end of 2019.
06/19/2020
Chase de Vere reveals £3.85m IFA acquisition
Firm says that its ‘actively looking’ for other businesses to join its operation