05/06/2020
SANNE announce deal completion to acquire Inbhear
This deal is a fantastic opportunity for SANNE as it further strengthens its expertise in Dublin and adds a new strategic location like the Cayman Islands to their global office network.
Wealth and Asset Management
05/06/2020
Lessons to Be Learned From Falcon's Demise
The Swiss financial market has long held the view that a portfolio with assets below 10 billion Swiss francs as insufficient to survive in the long run.
05/06/2020
Fairstone buys two IFAs in continued acquisition spree
Adds £200m FUM
05/06/2020
Wealthy investors are holding more cash, UBS says they're wrong
Wealth manager says that now is the time to diversify into riskier, higher-yield asset classes rather than head to the hills
05/05/2020
Review of the week: Victory is coming
This Friday we remember the victory of an older generation. They won peace and reshaped the world, becoming a timeless example for humanity, argues our chief investment officer Julian Chillingworth.
05/05/2020
J.Safra Sarasin hands thematics head new sustainable healthcare fund
The Fund also invests in leading companies in the areas of nutrition, fitness, health technology and home health infrastructure.
05/05/2020
Huishang Bank opens wealth management unit
China’s Huishang Bank has launched its wealth management subsidiary, reported xinhuanet. The commercial lender received the regulatory nod to launch a wealth unit last year. The new wealth unit will trade as Huishang Bank Wealth Management Co. Th
05/05/2020
Kingswood acquires Californian wealth management firm
As permitted within the original Sale and Purchase agreement, the remaining Chalice shareholder has exercised their put option over the remaining 15% interest, so on closing Chalice is now wholly owned by Kingswood.
05/05/2020
BNP Paribas profit falls 33% on expected loan losses, equity trading hit
Equity trading revenue was wiped out and stood at -€87m compared to €488m in first quarter revenue a year ago.
05/05/2020
Berenberg favours Brewin Dolphin over Rathbone Brothers as it assesses UK wealth managers
In a note initiating coverage on both firms, Berenberg said Brewin Dolphin's asset retention was "best-in-class"
05/05/2020
Brewin completes integration of Investec Ireland
Brewin Dolphin has completed the migration of Investec’s Irish wealth platform, after the acquisition took place last year for €44m.
05/05/2020
RBC Wealth Management Hires Pair in Asia
In mainland China, the firm has hired Belle (Jing) Hu as associate director, business development, based in Beijing.
05/05/2020
Securing the family’s future: when family offices operate as asset managers
The evolution of the global wealth industry over the past decade is evidenced by the emergence, relevance and impact of family offices worldwide.
05/05/2020
Zug WM takes over fund and launches impact investing firm
We are delighted to partner with such a competent and experienced team
05/05/2020
People Over Products: Why Private Banks Should Focus On Relationships, Not Sales
A PwC report notes that firms are increasingly moving toward a new model of wealth management
05/04/2020
A $300 Billion Nordic Manager Reveals His New Availability Credo
In Norway, the richest Nordic economy, about 90% of Nordea’s client meetings are now online, compared with about 40% before Covid-19, said Storset, who’s based in Oslo.
05/04/2020
Mirabaud operating result dropped 29% in 2019
Our offering grew in several investment sectors, most notably emerging markets debt.
05/04/2020
PB opens in Switzerland and looks for 40 employees
Quintet appointed Jakob Stott as interim Group CEO, also in March, after previous CEO Jürg Zeltner died.
05/04/2020
Julius Baer Turns Corner in Germany
It is the Swiss bank's tenth in Germany under the leadership of market head Heiko Schlag.
05/04/2020
Reyl Bank Profit Rises on Subsidiaries in Asia
Reyl also bulked up on staff, adding nearly two dozen employees to reach 223 people at year-end.