08/28/2018
Indosuez WM has high hopes for DPM in Asia
Another driver of discretionary in Asia is the second generation of wealthy families taking over.
Wealth and Asset Management
08/28/2018
Lombard Odier PB outlines ambitious alts expansion plans
The CHF 5 billion platform houses 28 funds and is on track to double its assets over the next couple of years, according to Lombard Odier Private Bank CIO Stéphane Monier.
08/28/2018
Singapore advice firm IFS strikes deal with wealth manager
Emails sent to clients three months after IFS lost a High Court case against Old Mutual International
08/28/2018
Wealth managers must understand risks from untested FinTechs to reap the rewards
Wealth managers have been partnering with technology firms for years
08/28/2018
Mirabaud reports increase of AUM
The Mirabaud Group reported its half-year results on June 30 2018. Assets under management increased by 7% compared with 30 June 2017. Group profit, amounting to CHF 2.9 Million, is up by 34%, thanks to a positive contribution from three business lines.
08/27/2018
Independent Alternative for Experience Banker
They all hired bankers with a long pedigree in recent months – mostly at the two big banks UBS and Credit Suisse.
08/27/2018
Boutique manager Lipman Burgon warns on adviser exodus
The firm came out of Investec's private bank in 2011.
08/27/2018
Insurance Solutions tailored to the Needs of Asia’s High Net Worth Community
The interest rate environment will impact the life insurance market, he explained, as many clients are using premium financing as their funding method.
08/27/2018
Sanctum Wealth Management launches global allocator strategy for clients
The benchmark index of Sanctum Global Allocator will be 75 percent MSCI Development and 25 percent MSCI Emerging Markets.
08/27/2018
CreditEase Wealth Management Announces the Establishment of Overseas Wealth Management Department
In 2018, CreditEase Wealth Management expanded the European market and branches, and obtained corresponding licenses in the local markets.
08/27/2018
Popular Bank launches new service for HNW clients
The business is said to have grown to around $325m in assets under management.
08/24/2018
Golden opportunity for fragmented Swiss private banks
The tumultuous episode has seen the number of private banks in Switzerland fall from 163 in 2010 to the current number of 107.
08/24/2018
Wealth management firm changes tact to attract talent
The Salford-based company specialises in protecting the financial assets of vulnerable people
08/23/2018
Asia’s Wealthy Families Keep Wealth Close to Home
China’s wealthiest individuals collectively control $5.8 trillion, according to an estimate by Capgemini.
08/23/2018
HSBC boosts LatAm private bank team with rival hire
‘We’re excited to welcome this group and are confident they will further strengthen our proposition in the region.’
08/23/2018
SW Mitchell profits doubled ahead of losing SJP mandate
Boutique manager replaced on sub-advised funds totalling more than £750m
08/23/2018
Mercer Advisors Expands Mergers & Acquisitions Team with 3 Veteran Hires
These individual leaders all have multiple decades of experience as financial advisors or working directly with RIA firms to support business growth.
08/23/2018
Credit Suisse Wealth Unit Froze $5 Billion on Russia Sanctions
The international wealth management unit manages 370 billion francs in private banking assets.
08/23/2018
HSBC Private Banking on Asian recruitment drive
As many Asian territories continue to drive global economic growth, this wealth creation is expanding the number of high net worth individuals in need of private banking services
08/23/2018
UBS Launches Social Impact Funds for Private Clients
The equity fund carries a management fee of 75 basis points, while the fixed income fund carries a 15 basis point fee.