03/25/2019
UBS, Morgan Stanley and Others Add OZ Tax-Break Vehicles to Wealthy Client Offerings
We have been evaluating numerous third-party funds
Wealth and Asset Management
03/25/2019
UBP hands Asian equities CIO newly-merged strategy
Michiel van Voorst, who has served as Asian equities CIO since he joined the firm in January 2018, will be in charge of the merged fund.
03/25/2019
Leeds-based wealth manager acquires London IFA
The purchase follows TPO’s acquisition of PQR Financial Planning in 2016, which added 23 staff including 11 advisers and £250m funds under management.
03/22/2019
Which Swiss Bank Pays the Most?
Still, even if wages have come down slightly at Vontobel, they will still be by far the highest.
03/22/2019
Top five GAM shareholders nurse losses of $840m
T Rowe Price, UBS, Credit Suisse, Kiltearn and Silchester hit by 80% fall in Swiss manager’s shares
03/22/2019
St James’s Place defends Woodford’s record on its own funds
Wealth manager hits back at veteran investor’s critics
03/22/2019
Credit Suisse Boosts Thiam's Pay 30% After Turnaround Ends
Thiam is rewarded after taking a cut last year amid losses
03/22/2019
Deutsche Bank launches European wealth offensive
The bank will reduce the number of market heads to six, from 14 previously.
03/21/2019
UBS to cut 2019 costs by $300m
The investment bank now expects to achieve mid-single-digit adjusted returns on attributed equity for the first quarter, compared to its 15 per cent target over the 2019-2021 period and 12.9 per cent achieved in 2018.
03/21/2019
Creating Unique Strategies
“There are two key elements that we factor in to our approach,” Lee begins, “at EFGAM, we believe that asset allocation is the key to constructing any portfolio as asset allocation can explain 90% of a portfolio’s performance.
03/21/2019
Wealth transfer plans not high on the agenda for Brits
Quilter research shows it is something rarely being discussed or planned
03/21/2019
Phoenix Financial PR shortlisted as Communications & PR Agency of the Year
Phoenix collected the Silver Award in the ‘PR Agency of the Year’ category at the inaugural Brand Management & Reputation Awards in 2016, and the Gold Award in the same category a year later.
03/21/2019
Market pressure blurs the line between US asset and wealth managers
Should regulators step in? Time will tell and no doubt there will be some bad actors
03/21/2019
UBS Widens Sustainability Label
2018 was the year when sustainability went mainstream at UBS
03/21/2019
UBS Reports Progress in Sustainable Investing and Philanthropy
At the Global Wealth Management division, its 100% sustainable cross-asset portfolio tripled in size since its launch in January 2018
03/21/2019
Canaccord Genuity buys wealth management firm
It is expected that the acquisition will be immediately accretive to the Company's adjusted earnings1.
03/21/2019
Alvarium completes five acquisitions in eight months in London and globally
The Iskander acquisition comes in the same week that Queensgate Investments, a partnership between the Kow Family, Alvarium Investments, Peterson Group and Dilmun acquired four Grange Hotels in Central London in a deal valued at around £1 billion.
03/21/2019
Private Banking's Discreet Push for Exclusivity
The transactions are hand-picked by private bankers for a small circle of wealthy clients.
03/21/2019
£30,000 funding on offer to local businesses in Quilter Cheviot’s Rural Innovation Programme
Businesses in the UK, Ireland and Jersey that can demonstrate they are using innovative techniques to help sustain rural communities can apply from today until 14 June here.
03/21/2019
UBS Faces Headwinds in Flagship Divisions
UBS had little mergers and acquisitions activity and few initial public offerings, which led to lower fees.