05/19/2021
Julius Baer Assets Rise Despite Trimming Plan
Julius Baer discloses four- and-ten-month results to investors for regulatory reasons, but reveals few specifics such as profit or revenue.
Wealth and Asset Management
05/19/2021
UBS Starts Round of Job Cuts Across Investment Bank, Wealth
Restarts wealth management cuts, sees hundreds of Swiss cuts
05/19/2021
FCA approves US private equity acquisition of AFH
The Acquisition and Scheme, which were approved by AFH Shareholders on 26 March 2021
05/19/2021
Davy bids top €475m as post-scandal review continues
Bank of Ireland widely seen as most likely buyer of breacher of market rules
05/19/2021
Bellevue Flags Bump in First-Half Profits
Bellevue said its assets rose by nearly one-third on the 10 billion francs it managed at this time last year.
05/19/2021
Hamilton Lane Expands Institutional and Private Wealth Presence across Europe
Hires Institutional Private Markets Executive Ralph Aerni to Lead European Sales Efforts
05/19/2021
Neuberger Berman unveils Eltif to bolster private markets push
Asset manager expands reach of non-traditional investments through new strategy.
05/19/2021
J Stern & Co surpasses USD1bn AUM
The firm also manages a Multi-Asset Income strategy and an Emerging Markets Bond strategy.
05/18/2021
Rockefeller Capital Management Expands Private Wealth Business
The team joins from UBS and will report to Managing Director Michael Parker who heads the company’s Northeast Division.
05/18/2021
Brexit: UK SMEs beginning to better understand impact
Further results indicate that 39% of respondents’ ability to import goods from the EU had been impacted
05/18/2021
EBRD and EU join forces with Raiffeisen to boost small businesses in Kosovo
This new facility is part of the Western Balkans SME Competitiveness Support Programme, to which the EBRD provides loans and the EU contributes incentive payments and technical assistance.
05/18/2021
Wealth managers failing to adapt to ESG needs face client exodus
Based on a detailed survey of 2,500 wealth management clients in 21 geographies, the 2021 study from the Big Four firm found that clients are now investing for purpose, and looking beyond return on investment in purely financial terms.
05/18/2021
Edmond de Rothschild plans to double assets in deals push
President Ariane de Rothschild sets out ambitions as Amundi’s chair Yves Perrier joins board
05/18/2021
Citi Has Hired 650 Wealth Professionals for Asia Operations in 2021
Citi added more than $5 billion in net new money in Asia in the first quarter, marking one of the bank's strongest quarters on record.
05/18/2021
Swiss giant enters UK market with adviser purchase
Lumin's management is committed to develop the company further together with their new partners.
05/18/2021
The modern investor’s manifesto by Tim Price
Base money creation is inherently inflationary.
05/18/2021
Arbuthnot Latham's Manchester office reports record growth
This includes Arbuthnot’s specialist finance and asset-based lending businesses, which are also based in Manchester.
05/18/2021
Morgan Stanley Wealth Management Launches Racial Equity Investing Tool Kit
According to a survey conducted by Morgan Stanley Institute for Sustainable Investing, 71% of individual investors identify multicultural diversity, which incorporates elements of race, ethnicity and culture, as an area of interest for their investment po
05/17/2021
HSBC hopes to double profit from rich Hong Kong customers in five years by tapping Wealth Management Connect scheme
An HSBC survey found 82 per cent of respondents were interested in the upcoming cross-border investment channel
05/17/2021
The problem with a wealth tax? There are not enough rich people
IMF report urges Government to raise more tax for public investment, but who will pay?