05/03/2024
Sale of Kairos to Anima successfully completed
As per today’s closing date, Kairos has been deconsolidated from Julius Baer Group.
Wealth and Asset Management
05/03/2024
Julius Baer CEO eyes gains from Credit Suisse's fall -media
Julius Baer is Switzerland's largest private bank.
05/03/2024
Mirabaud Bank Targets Expansion in Brazil’s Wealth Management Sector
With plans to triple its managed assets in Brazil within the next two years, the firm is positioning itself to capture the burgeoning wealth management market in the region.
05/02/2024
Asset managers focusing on enhancing product quality, accuracy – Northern Trust
A spokesperson for Northern Trust explained that "accuracy" refers to "having the right product for the right client."
05/02/2024
Quilter’s WealthSelect executes ad-hoc rebalance to capitalise on market shifts
This was primarily driven by a significant increase in the price of physical gold. Concurrently, the market’s anticipation of potential rate cuts has continued to diminish.
05/02/2024
abrdn Forms Asian Digital Platform via Partnership
abrdn and FNZ have formed a strategic partnership to develop a multi-distributor, open architecture digital wealth platform in Asia
05/02/2024
Solving investment governance challenges in asset and wealth management
Learn how institutional asset owners and wealth managers can develop investment governance frameworks to mitigate risk and foster sustainable growth.
05/02/2024
Marc Puig, the beauty boss giving his family wealth instead of power
Spanish group Puig is aiming for top-of-the-range €14bn valuation when it lists this week
05/02/2024
Third Financial continues exceptional new business momentum, attracting boutique wealth firm
Its approach is personalised investment management with high levels of service, where investment strategies are tailored to individual client needs.
05/02/2024
DBS First-quarter net profit rises 15% to SGD 2.96 billion while return on equity increases to 19.4%, both at new highs
Compared to the previous quarter, net profit was 24% higher.
05/02/2024
Deutsche Bank's Marco Pagliara on costs, cuts and Middle East collabs
The German private bank's new Asia head outlines the challenges of covering the market amid industry-wide cost-cutting and revenue contractions, and how he plans to focus on single-family offices.
05/02/2024
Banque Cramer has a surprising CEO
he former head of CIC Bank has also taken over as the new CEO - and an ex-Finma employee is joining the board of directors.
05/02/2024
Standard Chartered PLC Q1’24 Result
A reconciliation of restructuring and other items
05/02/2024
Mirabaud banker takes senior post at Top 50 IAM
Flavio Castello Branco has spent over 40 years working in finance, including a stint at Credit Suisse.
05/02/2024
StratiFi and Altruist form strategic alliance
Tech platforms collaborate to enhance wealth managers' practices.
05/02/2024
Sanctuary Wealth acquires Tru Independence
Sanctuary Wealth redefines its RIA channel with their latest purchase.
05/02/2024
Private banks dipping toes into semi-liquid funds but platforms fail to attract
It’s challenging to build a diversified portfolio solely with semi-liquid assets, but European private banks are already using them to complement listed equities and bonds.
05/02/2024
Five Arrows announces reset of European CLO, Contego X
This reset transaction attracted strong demand from a wide investor base.
05/02/2024
Coutts prepares to dump £2.7bn of UK shares in funds ‘recalibration‘
Coutts CIO Fahad Kamal says that traditionally high allocations to UK shares in portfolios are an ‘anachronism’.
05/02/2024
“Coutts were streets ahead of any other bank“ – how we helped USA based clients come home to the UK
Our clients detail how “excellent and truly personalised service” helped them and their family get set up in the UK.