07/07/2016
National IFA gets multi-million boost from Clydesdale Bank to fund acquisitions
The national advice firm acquired London-based PFP Group and Managed Wealth last year and now plans to continue growing.
Wealth and Asset Management
07/07/2016
HighTower adds Beverly Hills-based RIA with $500M in assets
Acquisition is fourth in RIA channel since last year and eighth overall in 2016
07/07/2016
Wealth Taxes Make Swiss Cheese of Declared Wealth
Taxing wealth leads declared wealth to disappear, says a new study based on experience in Switzerland
07/07/2016
Schroders launches first long/short Pan Asian equity fund on GAIA platform
The fund will be managed by the investment team at Indus Capital, led by Sheldon Kasowitz, CFA, Managing Partner and co-founder of Indus Capital.
07/07/2016
COMEBACK: Goldman Sachs Tops SWFI Financial Advisory League Table for H1 2016
This is a sharp decline from the US$ 126.7 directly invested in the first half of 2015.
07/07/2016
Northern Trust expands mutual fund services for correspondent bank clients
By consolidating mutual fund processing, clients will have a single outlet for all asset reporting and settlement.
07/07/2016
EFG Shows Clear Conviction For Scale
It might seem an under-statement to say that EFG International’s integration of the BSI business is coming at an especially challenging time.
07/07/2016
TMF Group launches common reporting standard services
In 2017, a second group of countries will implement the CRS, with the exchange of information starting in 2018.
07/07/2016
Bank Julius Baer says go for gold, bats big for India among EMs
Bank Julius Baer says go for gold, bats big for India among EMs Seventh pay commission, GST expectations, monsoon will push growth for the India, says Mark Matthews of Bank Julius Baer.
07/07/2016
Temasek Assets Drop First Time in Seven Years on China Rout
As global growth has slowed and the markets have been whipsawed by volatility, Temasek is reshaping its portfolio and tempering expectations for future returns.
07/07/2016
One of UK’s top wealth management firms aims to benefit from Brexit vote
The firm said it racked up a record number of new client wins.
07/07/2016
Impax Asset Management Net Inflows Strong, Assets Under Management Up
In the quarter, Impax received net inflows of GBP112.0 million, primarily from investors in Europe and from an initial allocation from a new North American client.
07/07/2016
Generational transition, technology and more open clients offer fresh niches for advisers in Asia, says UBP's Michael Blake
It recognises too that the industry is at something of an inflection point.
07/06/2016
Credit Suisse merges fixed income with equities in Asia Pacific
Switzerland's second-biggest lender said in March it would shave an additional 800 million Swiss francs ($821 million) off costs and cut 2,000 more jobs from its global markets division, bringing the total to 6,000 job losses.
07/06/2016
Edmond De Rothschild Group Publishes Its 2015 Sustainability Report
This 2015 report presents the five pillars of the Group's sustainability strategy and gives a complete overview of its performance and progress compared to the previous year and in the context of its new Sustainability objectives, across its Private
07/06/2016
Goldman Sachs Executives Told To Cut Travel Budgets
Employees told, “No new business, don’t go.”
07/06/2016
St. James's Place Wealth Management - Focusing On What Matters
Quality not quantity is an over-used term, but one which rings true for St. James’s Place Wealth Management (SJP) in Singapore.
07/06/2016
Wealth firm seals deal for Bath-based adviser
Money Wise CEO Malcolm Coury will leave the business following the deal.
07/06/2016
Sun Life Embarks On Path To Tap The Wealth Pipeline
After 124 years established itself as one of the leading players in Hong Kong’s insurance and MPF markets, Sun Life Financial is ready to embark on a new journey again.
07/06/2016
Adviser Critical In Developing Family Governance In Asia Pacific
Up and coming members of family businesses often struggled to be heard by traditional elders but consultants from finance, academia and law can help next-gens find their voices when challenging firmly held views.