06/01/2018
International wealth boutique buys into UK IFA
London-based wealth manager Dolfin has formed a strategic partnership with the advisory group Alexander House Financial Services.
Wealth and Asset Management
06/01/2018
European private banks are heavily investing in Asian footholds
“We observe that all rated private banks reported significant net assets inflows in 2017. Indeed, also in previous years some banks managed to more than offset outflows by inflows in new markets, especially in Asia,”
05/31/2018
Julius Baer Moves to New Office Launched by Najib Razak
The Zurich-based bank is not leaving the city-state though but is moving to even larger premises located close by.
05/31/2018
Thomas Chin: «It Allows Wealth Managers to Do More With Less»
This is where automation comes in.
05/31/2018
Union Bancaire Privée to acquire Luxembourg private bank
UBP has the necessary capacity to further develop the products, services and operations in Luxembourg, while Carnegie can focus on its domestic markets
05/30/2018
Hong Kong Bizav Merger Creates 'Allavita'
Allavita Holdings will encompass ASA’s ground handling supervision, security, protection and luxury concierge services
05/30/2018
GlobalCapital Names State Street Global Advisors “Asset Manager of the Year”
Asset Manager Celebrated for Its Excellence in the US, Canadian and Latin American Institutional Derivatives Markets
05/30/2018
Morgan Stanley shares drop the most in nearly 2 years after wealth management exec says business slowed
The firm is seeing "obvious headwinds" in transaction revenue among retail clients as activity slowed in March
05/30/2018
Julius Baer migrates Hong Kong, Singapore ops to Temenos WealthSuite
Julius Baer finalised a lengthy core banking selection process in early 2015, opting for Temenos and its T24 offering.
05/30/2018
Private banking in Asia – time for a behavioural paradigm shift?
As markets rose across the globe, so did economic activity and so did the wealth of the wealthy.
05/30/2018
UBS Wealth in big hedge fund push
The firm’s recommended allocation is indeed big compared to other private banks.
05/30/2018
Global growth turning point: Schroders downgrades outlook for first time since 2016
The latter are expected to persist into 2019 and weigh on trade and capital investment spending, even if a full trade war does not break out.
05/30/2018
ALTSO ready to rock at ‘Rocktoberfest-London fundraiser
ALTSO has organised sister events in New York and Chicago, in their 15th and 7th years respectively.
05/30/2018
Deutsche Bank merges private and commercial business
DB Privat- und Firmenkundenbank AG concludes legal merger of Postbank and Deutsche Bank’s private and commercial clients business
05/29/2018
Fidelity takes dull-but-profitable tack following crises
In each of the last 10 years, Fidelity’s fabled mutual funds have leaked money, no matter how well they have performed.
05/29/2018
Where do Saudi, Dubai rank in world’s top billionaires’ list?
This year, when Forbes was evaluating the top 100 richest people in the world, Saudi’s billionaires were excluded because of the country’s silence on how much was taken from individuals in the corruption crackdown.
05/29/2018
Credit Suisse Asset Management: Adapting to win in Asia
Michael Levin, Head of Credit Suisse Asset Management in Asia Pacific, talks to Hubbis about the asset manager’s performance in 2017
05/29/2018
Old Mutual confirms plans to sell up to 10% of shares
Old Mutual sold single strategy asset management business Old Mutual Global Investors to a partnership of OMGI chief executive Richard Buxton
05/29/2018
Tilney working with Charities Aid Foundation to give charities investment advice
Tilney’s experience means it is well-placed to offer advice to charities which use the CAF Investment Account and other CAF investment services to manage their investments.
05/29/2018
Two industry heavyweights make major announcements
According to the SLA board, it expects there will be capital within the group as a result of the sale and anticipated lower capital requirements.