10/24/2024
BlackRock, Aviva win multi-asset flows as investors brace for CGT shake-up
September marked the first month since January that multi-asset funds in the UK posted net inflows
Wealth and Asset Management
10/24/2024
Ravenscroft announces sale of wealth management business
The corporate finance and property management businesses of the wider Ravenscroft group are not included in the transaction, which follows Titan’s acquisition of Ravenscroft’s UK investment management business last year.
10/24/2024
Pimfa: Buying Apfa was 'stupid' as it was 'totally defunct'
Former Apfa board members Gary Bottriell and Lord Deben were elected to the merged trade association’s board as member and chairperson, respectively, and are still in position.
10/24/2024
HSBC launches credit card for global private banking clients
Launched in Hong Kong this week, it is the first phase of a global programme to offer elevated travel, exclusive access and exceptional lifestyle experiences to its clients.
10/24/2024
The Net Positive Consortium in Wealth Management Launches: Uniting Firms for Collective Impact
This pioneering initiative unites financial advisory firms in a shared commitment to creating meaningful societal impact, extending far beyond financial performance.
10/24/2024
Blackstone partners with UBS for semi-liquid PE fund distribution
The alts giant partners with the Swiss firm to distribute its private equity fund targeting wealthy investors.
10/23/2024
Boost Hong Kong’s edge with wealth management services
In recent years, the investment management sector has emerged as a cornerstone industry in many of the world’s leading economies.
10/23/2024
Waverly Advisors Acquires 9258 Wealth Management
Waverly expands into Ohio with 25 locations nationwide
10/23/2024
Butterfield Reports Third Quarter 2024 Results
The return on average common equity for the third quarter of 2024 was 20.3% compared to 20.7% for the previous quarter and 20.6% for the third quarter of 2023.
10/23/2024
The 2 factors driving wealth management M&A boom
Deloitte’s 2025 investment management outlook, authored by its national investment and wealth management leader, Neil Brown, has assessed the rate of acquisitions on the global stage.
10/23/2024
Deutsche Bank reports third-quarter 2024 profit before tax of € 2.3 billion
Post-tax profit was € 1.7 billion, up 39% year on year, or € 1.3 billion excluding the Postbank litigation release, up 8%, compared to post-tax profit of € 1.2 billion in the prior year quarter.
10/23/2024
Standard Chartered targets high-net-worth Global Indian clients with refreshed proposition
Opens first International Priority Centre in Mumbai to offer customised cross-border wealth solutions
10/23/2024
CG Wealth Management hits $40B asset threshold, sets sights on doubling that
Big investments in wealth management to continue, Canaccord Genuity Corp. CEO says
10/23/2024
Handelsbanken’s Interim Report January – September 2024
During the quarter, the Bank’s market shares of the net inflows to its funds in Sweden and Norway were twice the size of its market shares of outstanding fund volumes.
10/23/2024
Evelyn Partners Group Limited third quarter trading update for the three months ended 30 September 2024
The period saw assets under management rise to a record high of £62.7 billion and operating income increase 11.1% compared to the same quarter last year.
10/23/2024
JTC Named Top Trust Company in 2024 EprivateClient List
Within each category, firms are then further divided into three tiers to reflect each organisation’s size, quality of service, any recent M&A activity and overall performance.
10/23/2024
Switzerland close to number one for international wealth management
This equates to around 21 percent of assets under cross-border management worldwide.
10/23/2024
Asset managers face tough decade, say CEOs
Pierri said disruption in geopolitics pointed to lower growth and there would be a degree of structural inflation, too.
10/23/2024
Successfully Working With Super-Rich Families
They face two obstacles: connecting with the super-rich and effectively working with them. Both these obstacles are surmountable.
10/23/2024
DBS named Safest Bank in Asia for the 16th consecutive year by Global Finance
DBS ranked 2nd on the 50 Safest Commercial Banks list for the third consecutive year