06/02/2021
Barometer: A little less growth, a little more inflation
Economic growth will soon slow but inflationary pressures could linger for some time. Which means investors should consider a more defensive stance.
Wealth and Asset Management
06/02/2021
Near-Record Revenues in 2020 Provide Opportunity for Investment Banks to Restructure and Enhance the Client Experience, According to Accenture Report
Pandemic-driven rebound could help capital markets industry accelerate technology investments to protect against disruption
06/02/2021
Invesco Expands Relationship with BNY Mellon for Transfer Agency Services
BNY Mellon has successfully onboarded Invesco for transfer agency services in UK and Luxembourg
06/01/2021
Lumin Wealth buys Hertfordshire-based financial advice firm
Brings AUM to £600m
06/01/2021
Intesa Sanpaolo Private Banking and REYL & Cie ink strategic partnership
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
IOOF completes acquisition of MLC Wealth
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
Geneva private bank acquires Falcon's Dubai wealth subsidiary
The subsidiary has $500m in AUM and 12 employees.
06/01/2021
Bill Gates: Total Write-Off for Private Banking
Family offices have emulated the Gates Foundation's principles for using wealth to do good.
06/01/2021
Boldly going where no one has gone before
Concerns are regularly raised about ‘prices have gotten ahead of themselves’ and ‘never has the price been higher for this asset’.
06/01/2021
Are you riding the next wave of growth in Hong Kong’s wealth and asset management sector?
Financial regulators, who have been much more proactive since the last financial crisis
06/01/2021
Canaccord Genuity Reports Record Fourth Quarter and Fiscal 2021 Results
Record global capital markets revenue of $487.0 million for the fourth quarter and $1.3
05/31/2021
BNP Paribas Adds Bankers to Tap Into ‘Incredible’ Nordic Wealth
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
Credit Suisse’s RenTech Fund Holds Back Some Client Cash
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 exits wealth as IOOF gets keys to MLC
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
Scotia Global Asset Management announces name changes and index changes for select Scotia Pools and Funds
The investment objectives and other aspects of all the affected Pools and Funds will remain the same.
05/28/2021
Van Lanschot Kempen: 2021 AGM decisions and outcomes
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
Why modern-day wealth managers need to expect the unexpected
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
Credit Suisse Urged to Offload Troubled Unit
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
Greensill: Credit Suisse Ignored Warnings
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