06/25/2020
UBP partners with US firm to launch absolute return fund
We are very happy to partner with Campbell, who have such a long history and proven track record in systematic investing
Wealth and Asset Management
06/25/2020
Leading out of lockdown: Five key priorities for post-crisis asset and wealth management
The immediate challenge will be in meeting heightened client-service, regulatory and reporting demands, especially if social distancing and limits to face-to-face interaction persist well into next year.
06/25/2020
Kingswood buys adviser in £18m deal
The company has a highly qualified and experienced team of financial advisers supported by a dedicated technical, compliance and administration team.
06/25/2020
Kingswood Group in a strong position to continue to execute its expansion strategy
Transformative transaction boosting Kingswood’s client facing advisory team to 62 people and increasing funds under advice/management to £4.8 billion from 16,000 active clients in UK and US
06/24/2020
Brooks Macdonald acquires Channel Islands wealth management business
Completion is expected to take place in the fourth quarter of 2020 subject to regulatory approval.
06/24/2020
Gold nears eight-year high as second coronavirus wave fears grow
"The combination of negative real yields and the prospect of an inflation surge due to massively increased money supply is sending prices higher,” adds Wilson.
06/24/2020
Wealth preservation rated top concern among Asia’s HNWI
Alternatives, multi-asset and fixed income are the three most sought-after strategies
06/24/2020
UBS to Offer “Free” SMAs from Third-Party Asset Managers
“At the same time, we’re investing in our advisors’ success, enhancing our advisory value proposition, and giving clients increased pricing flexibility.”
06/24/2020
Quilter International Research reveals that Hong Kong investors prefer Traditional Asset Classes
Hong Kong HNWs show a degree of regional-bias in their investments and around half of all asset classes are invested in Asia.
06/24/2020
Fidelity International extends 6 months parental leave to fathers
Policy change by London-based asset manager designed to boost gender diversity
06/24/2020
Bank of Singapore, PEs bid for stake in Edelweiss Wealth
A stake sale will help Edelweiss, which is battling rising bad loans and liquidity issues, raise funds for its credit businesses.
06/23/2020
Seaspray launches Wealth Management Division
These derivatives allow investors to take a stake in an index representing a basket of stocks, with capital protected in full unless that index falls below a particular threshold on a specific anniversary date.
06/23/2020
May net inflows fall slightly at St James's Place
We remain encouraged by the inflows we are continuing to experience and expect June gross inflows to be similar to May
06/23/2020
Private wealth service provider sets up UK estate planning unit
The new service has been set up by ZEDRA who specialise in helping people to plan for the future.
06/23/2020
National Bank of Oman Wins Highly Acclaimed ‘Best Private Bank, Middle East’ Award
National Bank of Oman (NBO) has been granted the Highly Acclaimed: Best Private Bank, Middle East Award from Digital Banker’s Global Private Banking Innovation Awards 2020.
06/23/2020
Whisky fund launched in Hong Kong
Alternative investments have become one of the most sought-after strategies by HNWIs in Hong Kong and Singapore.
06/23/2020
Bankruptcies and the dangers of fixed income ETFs – SFAMA’s Fuchs
However, there are two categories of asset managers that he said are capable of expanding into countries in these regions.
06/23/2020
Bellevue admits to accounting error in 2019 annual report
Not including the revised figures, Bellevue had announced a 30% rise in pre-tax profits to CHF 39m and group net after-tax profit of CHF 11m for 2019
06/23/2020
GAM warns on profits as it takes £350m hit
The impairment charge means Gam expects to report a net loss of £338m for the first half of 2020, compared with a £42m net loss for the same period last year.
06/23/2020
St James's Place funds continue to rise
Positive net inflows helped St James's Place increase its year-on-year funds under management in May.