03/29/2016
Mercer Merger Creates $8B Wealth Management Powerhouse
Client-Centric Approaches and Highly Complementary Platforms Provides Additional Scale That Will Facilitate Superior Tools for Clients
Wealth and Asset Management
03/29/2016
Edelweiss to acquire JP Morgan's mutual fund business in India
The deal include the foreign firm’s India-based onshore mutual fund business and the international fund of funds, subject to regulatory approvals.
03/29/2016
Old Mutual Wealth 'could be FTSE 100 firm’
Old Mutual has not decided how the business will be separated, although the wealth business has already attracted the attention of the private equity firms Cinven and Warburg Pincus.
03/29/2016
Mirabaud Asset Management announce European Small and Mid-Cap Strategy available to GCC investors
Mirabaud Asset Management, the investment management arm of Swiss Mirabaud Group, today announced that its “European Small and Mid-Cap Strategy” is now accessible for its GCC investors.
03/29/2016
Waverton acquires funds specialists
The purchase was made for an undisclosed sum and remains subject to regulatory approval.
03/29/2016
Old Mutual Wealth boss takes new game in his stride
The handful of conglomerates that remain on the stock market are historical anomalies.
03/29/2016
UBS Said to Mull Relinquishing Its South Korea Banking License
The Zurich-based lender informed regulators of the plan, said the person said, who asked not to be identified because the discussion was private.
03/29/2016
Wealth and fund firm heads back Vote Leave
Other big names featured include Tim Martin, chairman of pub and restaurant chain JD Wetherspoons.
03/29/2016
Wealth Management Product Assets in China Surpassed US$1.3 trillion in 2015
Mutual fund AUM also surges during the year, crossing RMB8 trillion
03/28/2016
Asset Picks From Top Wealth Management Firms
Why wealth managers are telling clients to avoid dramatic portfolio changes
03/28/2016
Sentinel AM Signs the UN-Supported Principles for Responsible Investment
Sentinel Asset Management, Inc. announced that it has signed the UN-supported Principles for Responsible Investment, known as PRI. The PRI initiative is recognized as the leading global network for investors and financial industry participants who are com
03/28/2016
Raymond James’s Deutsche Deal Shines, But Threats Loom
But, with deal’s closing still months away, Raymond James now has to keep them from being poached by rivals.
03/28/2016
The Price is Right: Wealth M&A Surges
But while these three examples highlight that M&A is still a viable strategy for larger wealth firms, our Deal Tracker assessment indicates that consolidation has gained most momentum among smaller institutions.
03/28/2016
Private bank crowned "Best Foreign Private Bank in the Middle East, 2016"
We're honored to be recognised in this way. I'd like to thank each and every one of our employees for their unwavering commitment to serving the needs of our clients, who rely on us to bring them the very best ideas from around the world each an
03/28/2016
The asset management brontosaurus wakes up
The industry still has much work to do to fulfil its potential, says Sophia Grene
03/28/2016
UBS Wealth Management Americas and UBS Asset Management Launch Outsourced Chief Investment Officer Program
OCIO also moves many administrative burdens from the client to UBS through a disciplined process that keeps clients focused on results.
03/28/2016
Investing in robots to cut compliance costs
The emerging markets-focused British bank has set up a new lab called the eXellerator in Singapore in an attempt to bring theoretical ideas from Silicon Valley to life.
03/28/2016
Schroders dumps PwC as its auditor after 57 years
Investors have intensified their focus on auditor independence in the aftermath of the financial crisis. Questions were raised about why the big four accounting firms
03/28/2016
Asset Picks From Top Wealth Management Firms
Why wealth managers are telling clients to avoid dramatic portfolio changes.
03/28/2016
Old Mutual share price: Worldpay backers mull bid for group’s wealth business
The Sunday Times reported yesterday that some of America’s biggest buyout funds were preparing bids for Old Mutual’s £4.5 billion wealth management arm.