07/16/2018
Wells Fargo wealth unit profit slumps 37% in Q2
The division’s revenue for the quarter ended 30 June 2018 was $3.95bn, down 6% from $4.22bn in the corresponding quarter of 2017.
Wealth and Asset Management
07/13/2018
Netwealth sees 'once in a lifetime shift' in wealth management
Matt Heine, who along with his father Michael Heine heads up the Melbourne-based company
07/13/2018
Pub Club with Andrew Davies, LGT Vestra
Davies last met us in 2016 not long after the office had opened and he had made the move from Barclays Wealth & Investment.
07/13/2018
Goldman’s Wealth Management Strategy
Its big plan for doing so: get the money it makes for founders through its investment banking business to stay at the firm in its wealth management arm.
07/13/2018
GAM expects increase in pre-tax profits
All the aforementioned figures for the first half of 2018 are estimates and the final results will be released on 31 July 2018.
07/12/2018
Julius Baer Mulls Takeovers, Partnerships for Asian Growth
Earlier this year Julius Baer agreed on a partnership with Siam Commercial Bank Pcl in a move to address the onshore wealth market in Thailand.
07/12/2018
96% of High Net Worth Advisors say Clients Want to Remain at Home
Although nine out of 10 advisors concluded it was “somewhat” or “very” likely that clients who wish to stay in their homes would be able to, advisors said it is crucial that these preferences are shared with children and family mem
07/12/2018
Here's Why There Aren't More Women in Asset and Wealth Management
It's no secret that there just aren't enough women in asset management or financial advisory services. Janet Cowell, CEO of Girls Who Invest tells us why. Watch!
07/12/2018
ICBC Credit Suisse loses half of onshore assets
The total AUM of the firm was down to RMB 129bn from RMB 337.2bn year-on-year, according to Amac data.
07/12/2018
JPMorgan to sell India fund management arm that targets HNWI
JP Morgan Asset Management is preparing to exit all four remaining investments made from its first India-focused realty fund
07/12/2018
Liontrust reports net inflows of £320m in Q2
‘The quality of our fund management teams is a key differentiator for Liontrust and means the Company is well positioned to continue to grow.’
07/12/2018
UBP expands its euro fixed-income offering
The fund is currently available to investors in Austria, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Sweden, Switzerland, and the United Kingdom.
07/12/2018
SGG Group acquires Augentius
The services offered by Augentius will complement SGG Group’s current funds offering, including a state-of-the-art technological platform and experienced team with the reputation of providing high quality service.
07/12/2018
Partners Group reports significant growth in client investments
This brings its assets under management to a total of CHF 78.1 billion as of 30 June 2018, having undergone net growth of 8%.
07/12/2018
Berenberg wins first FTSE 100 broking client
Germany's oldest bank that is trying to win more work with the UK's largest companies
07/11/2018
Geneva PB suffers disappointing start to 2018
The final results will be announced at the end of the month, following the approval of the board of directors.
07/11/2018
Why wealth management is an irreducible service
Buying equities or bonds was not easy, and during that period we can presume that the private banking industry benefited from a kind of ‘operational’ monopoly.
07/11/2018
Harwood Wealth takes advantage of consolidation
The spree included four independent financial advisers, while non-binding terms were agreed with a further 18 companies.
07/11/2018
Ireland is new favourite for wealthy Chinese emigrants
The findings in the report, carried out by Hurun in association with immigration legal services provider Visas Consulting Group, are based on a survey of 224 Chinese high net worth individuals.
07/11/2018
Ex- KBL subsidiaries merge to form Compagnie Financière Richelieu
Banque Richelieu Monaco (formerly KBL Monaco Private Bankers is chaired by Antoun Sehnaoui. Jean Danckaert remains the bank’s member of board and managing director.