06/01/2021
The partnership enables Fideuram - ISPB to strengthen significantly its international wealth management activities and to continue playing a leading role in the ongoing consolidation of the Swiss financial sector.
06/01/2021
The ‘new IOOF’ will have greater scale, capability and efficiency which will flow through to clients in the form of value, choice and accessibility – supporting IOOF’s ambition of creating financial wellbeing for all Australians.
06/01/2021
The subsidiary has $500m in AUM and 12 employees.
06/01/2021
Family offices have emulated the Gates Foundation's principles for using wealth to do good.
06/01/2021
Concerns are regularly raised about ‘prices have gotten ahead of themselves’ and ‘never has the price been higher for this asset’.
06/01/2021
Financial regulators, who have been much more proactive since the last financial crisis
06/01/2021
Record global capital markets revenue of $487.0 million for the fourth quarter and $1.3
05/31/2021
So we want to help them monetize what they created and also help them to diversify their wealth in the best possible way when they do an IPO or exit of sorts.”
05/31/2021
Redemption demands at the fund trigger a hold back clause, which means clients will receive 95% of their funds after two months, with the remaining 5% expected to be paid out in January, after the fund’s year-end audit.
05/31/2021
NAB has completed the sale of the MLC superannuation and funds management business it purchased off Lendlease in 2000 for $4.5 billion.
05/28/2021
The investment objectives and other aspects of all the affected Pools and Funds will remain the same.
05/28/2021
The AGM took due note of the company’s intention to appoint Erik van Houwelingen as a member of the Management Board, with responsibility for Investment Strategies & Solutions.
05/28/2021
The investment maturity and sophistication of the next generation should not be taken lightly and if they expect to generate 10% - 15% revenue out of their capital, wealth managers need to deliver quickly.
05/28/2021
They added that proceeds could be used for a share buyback.
05/28/2021
Newly listed wealth manager buys London adviser
The firm will be integrated into Oberon’s wealth management division following the acquisition.
05/28/2021
It didn't stop there: when investment bankers in the trade finance department learned that companies controlled by Gupta were granted more than $10 billion in credit through a series of investment funds, they alerted compliance executives, according
05/28/2021
The former UBS and JP Morgan heavyweights shaking up private banks across Europe
The company may be a new name in the Square Mile, its management team certainly is not as it consists of some well-known faces in the City and Canary Wharf.
05/28/2021
Utmost Group, which aims to complete the purchase of Quilter International by the end of this year, unveiled assets under administration of £36.7bn at 31 December 2020, compared to £30.1bn at the end of 2019 on the back of the Equitable Life a
05/28/2021
The ranking recognises the astounding growth the business has achieved, now 1,200 people across 16 locations with assets under administration of more than £260bn.
05/27/2021
Hawksmoor consolidates during 2020
Sarah Soar described this as “a very satisfactory result” following such a strong year in 2019, and with the Company having to adapt very rapidly to remote working during 2020 due to COVID-19.