06/08/2018
UBS Suffers Asset Outflow in Second Quarter
We expect them to be higher this quarter,» said Gardner. U.S. customers are currently paying their tax bills.
Wealth and Asset Management
06/08/2018
Filipinos need risk, wealth management services: consultant
The group, being an independent family business for generations, also specializes in advising companies in terms of successions.
06/08/2018
Investec Asset Management expands into Portugal
The company has approximately €119bn in assets under management.
06/08/2018
Wealthy investors attempt to cash in on class action lawsuits
Normally the preserve of large institutional investors, company pension schemes and insurance companies, funds in this area are occasionally open to private investors.
06/08/2018
Invesco fees row is a tragedy for shareholder democracy
Retail investors are the biggest shareholders, but their voice is unlikely to be heard
06/07/2018
UBS Veteran Not Going Anywhere
Raphael has risen like a phoenix from the corporate ashes. How?
06/07/2018
A $220-billion manager says 2018 is good year for stock pickers
Asian stocks fell again in May, with the benchmark MSCI Asia Pacific Index dropping 1.2 per cent to erase its gains for the year. Stocks such as internet giant Tencent Holdings Ltd., which drove the rally last year when it more than doubled, are posting m
06/07/2018
How Top Wealth Advisor Louise Gunderson Pulls In Millennial Clients
Gunderson’s team of eight serves 220 families and has $779 million in assets under management.
06/07/2018
Why Asia could continue to surprise investors going forward
Veteran investor Matthew Dobbs highlights the tailwinds undergoing Asia as the region continues to benefit from synchronised global growth.
06/07/2018
UBS said to be cutting asset management jobs amid China pivot
The unit had 2,361 employees at the end of March, according to UBS filings.
06/07/2018
Charles River Receives WealthBriefing Asia ‘Best Portfolio Management’ Award for 2018
Charles River’s wealth management solution supports a broad range of investment products across the entire investment lifecycle.
06/07/2018
Warburg Pincus to acquire Spanish online wealth management firm Self Bank
Warburg Pincus has teamed up with Javier Marín Romano to acquire Self Trade Bank S.A.U. from Société Générale’s Boursorama subsidiary. No financial terms were disclosed. Madrid, Spain-based Self Bank is an online w
06/07/2018
Firms open door to MPS expansion
For John White, the CEO of Sanlam UK’s wealth division, the two services are an easy fit, with financial planning the natural starting point for looking after clients.
06/07/2018
Swiss bank Lombard Odier in talks on Saudi partnership
This week the Swiss wealth and asset manager launched its first sharia-compliant investment offering.
06/07/2018
German giant boosts Swiss business and plans further expansion
It also plans further acquisitions.
06/07/2018
Time for client needs to take centre stage by Ian Woodhouse, Associate Partner
The survey confirmed that the industry is facing a number of widely accepted challenges, from the changing expectations of new clients to the technological disruption sweeping through the entire banking industry.
06/07/2018
The future of Old Mutual: Will a breakup be hard to bear?
With more than 150 years of history behind the Old Mutual brand, what does the future hold for its advice, investment and platform arms as the group prepares to split?
06/07/2018
Lombard Odier launches Islamic products as it eyes Abu Dhabi expansion
Switzerland’s oldest private bank is also contemplating a partnership in Saudi Arabia
06/07/2018
European Wealth Group backtracks from plan to acquire Newbridge
'While we have decided not to proceed with the acquisition of Newbridge, we remain committed to our strategy and are ambitious to grow both organically and dynamically by acquisition in the US and Europe,' said Marianne Ismail, CEO, EWG.
06/07/2018
Julius Baer looks to fixed price system to bolster returns
This is partly to meet new European Union rules known as MiFID II but also to protect them from times when clients are reluctant to commit to transactions.