10/16/2020
BAY banking on BlackRock to enhance wealth management
Joining forces with BlackRock will empower BAY to develop a comprehensive suite of investment solutions, advance a customer-centric strategy and deliver the best investment advice.
Wealth and Asset Management
10/16/2020
Wealth managers beginning to encourage traders to invest in shares of underdog companies
Unusual stock is not often the subject of persuasive advice from some of the world’s plate-glass fund managers, however this year has been an unusual year.
10/16/2020
DBS Wealth Management on a Roll in Indonesia, but the Time is Ripe for Consolidation before the Next Leap Forward
Keng Swee is responsible for developing DBS Indonesia’s wealth management business which includes DBS Treasures Private Client and DBS Treasures, his remit covering both offline and online strategies for investment products and advisory.
10/16/2020
St. Galler Kantonalbank takes branch managers from competition
After completing his studies in business law at the University of Applied Sciences in Winterthur, he worked as a private client advisor for Credit Suisse in Altstätten for almost ten years from 2007.
10/15/2020
Driehaus Capital Management Expands Relationship with Northern Trust
Through this expanded relationship, Northern Trust will provide fund accounting, fund administration, regulatory administration, transfer agency and global custody services to the Driehaus Mutual Funds.
10/15/2020
Vontobel Launches Asset Management Office in Singapore
Vontobel Asset Management opens its Singapore office to expand its reach in Asia and further accelerate growth.
10/15/2020
Threats to Family Offices - RESEARCH
Wealthy families and family offices have long been targets for various threats, but the variety and complexity of those threats are growing dramatically.
10/15/2020
Merrill Wealth Slowly Eases Out of Covid Slump
“Net client flows” across the division fell 61% to $1.39 billion from the second quarter and were 75% lower than the $5.52 billion advisors attracted in last year’s third quarter.
10/15/2020
Rathbones assets rise on fund sales and performance
AUM rose to £50.4bn from £49.4bn with the asset management arm recording £700m net inflows.
10/15/2020
Charles Stanley sees revenues drop amid 'difficult times'
CEO says business remains resilient
10/15/2020
Brooks’ investment performance offset by £260m outflows
“Our vision for Brooks Macdonald is as the leading investment manager for intermediaries, and we look forward with confidence."
10/15/2020
Apex Group Reaches Nearly $1 Trillion in Serviced Assets Following Planned Acquisition of Fundrock
Apex is a portfolio company of Genstar Capital.
10/15/2020
Oddo BHF and Landolt to merge
Oddo had already bought BHF bank in 2016.
10/15/2020
Accuro crowned “Highly Commended” Independent Trust or Fiduciary Company
The panel stated: “Assessors were impressed by how Accuro is now totally management owned and tightly aligned with its clients’ interests.”
10/15/2020
Private wealth around the world – how did we get here?
Times have generally been good in the IFCs – even the financial crash of 2008 had a (relatively) small impact on the global offshore business – but can we always expect this to be the case?
10/15/2020
Quilter announces additional share buyback of up to £50m
Quilter listed on the JSE and the LSE in June 2018, and is using the proceeds of its sale of Quilter Life Assurance in December 2019 to return capital to shareholders
10/15/2020
Fiducia Wealth Management completes management buyout
'Future looks bright'
10/15/2020
Credit Suisse’s Slöör speaks on the Evolution of the Thai Wealth Management Market
Credit Suisse has been operating a full-service securities brokerage in the country, with a dedicated on-the-ground investment banking team and a highly experienced research team.
10/15/2020
Private assets make up 13.7% of portfolios: Schroders survey
Institutional investors still believe private asset investing comes with extra challenges, but that the diversification and return benefits make it worth their while. A recent Schroders survey identies notable increases in interest for real estate debt, i
10/15/2020
Big banks' wealth exit may be short-lived
The big four banks have been tipped to re-enter wealth management after 10 years.