08/01/2018
St. James's Place hikes dividend 20% after inflows boost profit
Consequently, we continue to see a growing demand for highly personalised and trusted face-to-face financial advice and service.
Wealth and Asset Management
08/01/2018
AllianceBernstein Seeks to Attract the Wealthy to Alternative Investing
AllianceBernstein is the latest asset manager to allow RIA firms and multifamily offices to access its alternative investment offerings through fintech firm iCapital Network.
08/01/2018
Credit Suisse applies for Saudi banking licence
“I have been to Riyadh, I met the head of SAMA [the Saudi Arabian Monetary Authority], I made the application myself,” Reuters quoted Thiam as saying in response to a query made during a news conference.
08/01/2018
Enhanced Customer Onboarding is a Wealth Management Priority
A key driver according to Capgemini’s Top 10 Trends in Wealth Management 2018 is that customer experience revolves around simplifying key touch points
08/01/2018
Quilter signs US fund giants for twin income portfolios
Both mandates will feed into Quilter's WealthSelect managed portfolio service.
07/31/2018
BlueOrchard reports solid financial and social performance
BlueOrchard delivered another strong performance in the first half of 2018.
07/31/2018
Standard Chartered profits jump despite rising digitising costs
Our improved performance was delivered against a backdrop of continued global economic growth, with strong trade flows and investments and US interest rates continuing to normalise.
07/31/2018
SJP drops Aberdeen Standard from £286m fund
St James’s Place has also unveiled a new Diversified Assets fund, with global investment firm KKR appointed as manager.
07/31/2018
GAM Holding H1 IFRS Net Profit Down 62 Pct
Group assets under management up 3% to CHF 163.8 billion from CHF 158.7 billion at 31 December 2017
07/30/2018
Inversiones Security named Best Private Bank in Chile
Chile has been described as South America’s most prosperous and economically stable nation.
07/30/2018
The $500 Billion Market the World Never Thought It Would See
After the financial crisis, China called for a new reserve currency to replace the U.S. dollar. Now it’s swimming in dollar-denominated bonds.
07/30/2018
As PBs up threshold, do boutiques move in?
Pyrmont Wealth, which can serve only professional investors, have clients with liquid assets of at least $1m.
07/30/2018
Why South Africa wealth management sector is growing
South Africa’s wealth management market is well positioned for success because it is a potential hub to other African wealth management markets
07/30/2018
Schroders to sell Eastern European private banking ops to Swiss bank
The closing of the transaction is expected during the fourth quarter of 2018 and is subject to the relevant regulatory approval.
07/30/2018
Novia global business to overtake UK platform
Mr Field said the growth was driven by the fact many jurisdictions were echoing the reforms made in the UK as part of the Retail Distribution Review.
07/30/2018
Morgan Stanley Seeks to Manage More of Its Clients’ Wealth
New compensation system for financial advisers aims to look at a customer’s assets held elsewhere
07/27/2018
Top Tips on how to pass wealth on to your loved ones
Before you have a family discussion about inheritance, you need to have a good idea of your financial position and your intentions
07/27/2018
The “Golden Dragon” Continues Expansion Into Europe, And Potentially Into Monaco
Over the past 10 years, China has bought or invested at least $318 billion in assets across Europe
07/27/2018
Hong Kong asset and wealth management industry tops HK$24 trillion
The 2017 survey found that private banking and private wealth management assets amounted to HK$7.8 trillion at the end of 2017, 52% of which was invested in China and Hong Kong.
07/27/2018
Banker to the Queen Hunts U.K. Startups for Risk-Hungry Clients
Coutts, RBS’s 326-year-old private bank, uses investment club