Managers of Wealth

‘Holistic reform is needed’: The big CGT wealth question

Any reforms that bring capital gains tax in line with income tax need to consider the impact of Jeremy Hunt’s decision to freeze the allowance, the industry says.

Patricia Amberg: «It is Like a Club For Private Collectors»

Client needs in that respect are very different and strongly contingent on how advanced they are when it comes to collecting art.

Fisher Sells Stake of Up to $3 Billion to Advent, Abu Dhabi Fund

The transaction, in which the acquirers will invest at least $2.5 billion, values closely held Fisher at $12.75 billion.

Enabling growth through the market-centric data layer

Innovation in such a tightly regulated and commoditized market hinges on exceptional customer experience.

Cost of Living City Ranking 2024

Mercer’s annual Cost of Living City Ranking provides valuable trends and insights for those who need to make informed decisions about global mobility operations

Baloise Celebrates a Jubilee with its 2024 Art Prize

The 30,000 franc prize has been awarded by an international jury of experts for 25 years now in the Statements sector of Art Basel.

Victor Aerni: «We Are Reluctant to Hire Big Teams»

Numerous private banks have taken advantage of the UBS takeover of Credit Suisse by hiring talent that has exited the latter, including in Asia.

Advisers realising Consumer Duty has ‘real teeth’, Schroders finds

Meanwhile, 63% of advisers think that the fair-value outcome of the Consumer Duty will put pressure on ongoing charging models, up from 59% a year ago.

Schroders UK Financial Adviser Pulse Survey 2024

Client optimism reaches highest level since 2021 with investors edging back to markets

Kermitted Asset Management: ‘Who cares?’ wins

The chairman has something to say but this time he needs to get in line

Ever Wonder How the Ultrarich Bank? 9 Checking Accounts With Perks for the Wealthy

Many ultra-high-net-worth individuals choose to conduct their banking at the same institutions that are frequented by average consumers.

Survey shows Singapore’s wealth management industry is embracing the digital age

40% of respondents under 35 even tapped robo-advisory services.

How the ultra-wealthy are preparing for a property uptick

When Rich Listers hit go on commercial real estate projects, it’ll be a sign that we’re close to a market turnaround.

Global Finance Names The World’s Best Sub-custodian Banks 2024

The list of winners of Global Finance’s Best Sub-custodian Bank 2024 Awards follows.

Mirae Asset Asset Management announced on the 10th that its net assets of the "Mirae Asset Asia Hardware Tech Fund

Mirae Asset Asia Hardware Tech Fund" has recorded a cumulative return of 28.39%

Will the US follow Europe’s lead on interest rate cuts?

Even though the decision was expected, European equities fell slightly, government bond prices rose (yields fell), and the euro appreciated right after the announcement.

SJP chief says fund groups have ‘ceded too much control’ to proxy advisers

Mark FitzPatrick joins JPMorgan boss Jamie Dimon to criticise proxy firms’ influence over shareholder meetings

Goldman Sachs bullish on private banks, says correction offers opportunities

Analysts at Goldman Sachs said the steep correction in private bank stocks on Thursday after the fall post-election results, offers opportunities to accumulate private banks.

Annabel Spring: «We Are Heavily Doubling Down on Asia»

As a major Asia-focused financial group, the region is naturally a top business source for HSBC.

Europe’s upturn is here but structural issues remain

Growth is rising, unemployment has fallen to a record low, and normalising inflation means that the European Central Bank (ECB) is ready to start cutting interest rates.

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