07/19/2019
UBS and Credit Suisse Battle for Super-Rich, Margins
The success of their strategies comes with some questions – especially in view of their share price and valuation.
Wealth and Asset Management
07/19/2019
Wealth Enhancement Group expands
Lightyear Capital-Backed Wealth Management Firm's Acquisition of Independent Financial Advisory Business with more than $1 Billion in Client Assets is its 13th in Past Six Years
07/18/2019
Schroders completes takeover of private assets business
In February 2016, Schroders increased its stake in Secquaero to 50.1%.
07/18/2019
Woodbrook acquires financial planning and wealth management company
“This gives our clients an even stronger and more diverse range of investment management skills and we believe this will enable us to deliver an even better investment proposition and service to our enlarged client base,” Mr Doherty added.
07/18/2019
Geneva WM founder launches thematic fund boutique
The Dieselgate scandal also contributed to promote the shift towards sustainable mobility.
07/17/2019
Crossinvest’s Rohit Bhuta on Unravelling Asia’s Wealth Management Conundrum
There is a tendency for the core values of honesty and integrity, essential elements when mandated to look after other people’s money, compromised in a sales based environment, Bhuta says.
07/17/2019
Attractive and Relevant Investment Solutions for Asia’s HNW Clients
The discussion began with a focus on the dynamics of Vietnam, with an expert explaining that the growth trajectory of the Vietnamese economy stands out even within the robust economic environment in Southeast Asia.
07/17/2019
Lombard Odier on the Art of Picking Sustainable Winners in Asia
With such compelling figures at hand, investors cannot ignore the Asian equity markets of today, and if they can buy into sustainable business models exhibiting impactful principles, then that is a win-win.
07/17/2019
Edelweiss to sell 20% of wealth business
Edelweiss Financial Services, the main holding company, does credit, franchise and advisory and insurance.
07/17/2019
Big Opportunities and Major Challenges for Asia’s Wealth Management Community
The panel all agreed that clients are shifting more of their portfolios away from the public markets to private assets, making alternative and multi-asset strategies a key driver for growth.
07/17/2019
Leading Cash Savings Platform and PIMFA Announce Strategic Partnership
Financial Advisors across the UK can now take advantage of the ease and simplicity of the platform and offer clients cash management without the hassle that it usually involves.
07/17/2019
Leading UK wealth management group sets up new financial planning team
This is the first time that dedicated financial planners will be based in the office.
07/17/2019
Vistra Launches BVI Economic Substance Classification Solutions
Vistra will continue to launch substance classification solutions for a number of other jurisdictions, including the Cayman Islands.
07/17/2019
Coutts veterans launch Mayfair wealth boutique
Samik Mukherjee and David McLellan, who spent 28 years as private bankers for Coutts, have launched Keystone Capital.
07/17/2019
Arbuthnot profits surge 24%, but loans slump on pricing war
Arbuthnot Latham & Co’s pre-tax profit surged by 24% in the first half of the year, but new written loan volumes slumped by a third as market competition intensified.
07/17/2019
Maitland Luxembourg head receives prestigious Grand Duchy award
The Minister of Finance, on behalf of the Luxembourg Grand Duke, presented the award to John at a private awards ceremony for services to the Luxembourg financial industry over the past 25 years.
07/17/2019
Edelweiss falls 5% on plans to offload stake in wealth business
The company is in advanced talks with US-based Kora Management to sell 20 percent stake in Edelweiss Wealth Management for a consideration of about Rs 2,000 crore, as per reports
07/17/2019
Charles River Forms Wealth Client Advisory Board
The launch of the newly formed Client Advisory Board marks Charles River’s 10th anniversary as a leading wealth management platform provider.
07/17/2019
JPMAM assets climb 7.4% over year, 4% in quarter
In the year-earlier quarter, JPMAM had net inflows $21 billion, offset by performance losses of $9 billion.
07/16/2019
Death knell of private banking in Australia
The battle with regulators, governments and prudential forces after the GFC has left private banks as Pyrrhic victors - technically winners but near extinction.