02/21/2025
Citi makes internal shuffle to fill Brad McCarthy's role
The Wall Street back has reshuffled its pack to ensure McCarthy's former responsibilities as Apac head of alternative investment sales are covered.
Wealth and Asset Management
02/21/2025
Netwealth reports ‘strong growth’ in new advisers
Platform Netwealth has reported its financial results for the first half of FY2024–25, reporting a 46 per cent increase in statutory net profit after tax.
02/21/2025
M&G powers supply chains with USD135.2M Sydney logistics investment
Acquires 50% stake in Ingleburn Logistics Park from Stockland, forming long-term partnership
02/21/2025
Fidelity Unveils New ETF Model Portfolios for Wealth Management Firms
New Target Allocation and Target Risk ETF Model Portfolios Expand Fidelity’s Robust Lineup of Portfolio Solutions
02/21/2025
Apollo partners with wealth management platform InvestCloud
Apollo said that the partnership will help advisers to diversify portfolios and achieve better investment outcomes for their clients.
02/21/2025
Abrdn in talks to launch China asset management venture with Citic unit: sources
Though abrdn is currently in the midst of a cost-cutting drive, China is an important focus for growth
02/21/2025
Standard Chartered exceeds revenue expectations and boosts dividend amid mixed 2024 results
Lower loan losses have also contributed to a stronger bottom line.
02/21/2025
A tale of two specialties: combining wealth and asset management
Pascal Duval, a former senior asset management boss, has never been a highly stressed character.
02/21/2025
Citizens Private Wealth’s strategic expansion: boutique at scale
How Citizens Private Wealth is building a boutique-style wealth management experience with institutional strength.
02/21/2025
LLB Group successfully continues growth course
For the first time in the company's history, the business volume was significantly above the 110 billion Swiss franc mark.
02/21/2025
Brookfield Wealth Solutions Announces Year End 2024 Results and Declares Quarterly Distribution Increase
This distribution is identical in amount per share and has the same payment date as the quarterly distribution announced
02/21/2025
Kepler Cheuvreux and Unigestion announce a strategic partnership
This partnership merges fundamental and quantitative research approaches, optimising portfolio management while diversifying and expanding the range of investment strategies.
02/21/2025
Interest rate turnaround puts Eastern Swiss regional bank in a bind
The decline is mainly due to the interest rate turnaround.
02/21/2025
PrivatBank, Oschadbank, Ukreximbank, Raiffeisen and OTP most profitable in 2024
The second five most profitable banks of 2024 were headed by Credit Agricole, which increased its net profit by 46.5% - to UAH 4.09 billion.
02/20/2025
Northern Trust Expands Partnership with Alchemy to Support Its New Special Opportunities Fund
Northern Trust Expands Longstanding Relationship with Alchemy Helping to Launch its Fifth Special Opportunities Fund
02/20/2025
Evelyn Partners International relocates to new office in St. Helier
Team in Jersey bolstered with flurry of new hires
02/20/2025
RBC Wealth Management congratulates financial advisors recognized as top brokers under 40 by Financial Planning
Both annual lists rank advisors by production totals.
02/20/2025
DeVere Group reports AUM growth to $14bn
A ‘convergence of factors are reshaping the global wealth management landscape’
02/20/2025
Wealth managers struggle to serve women of substance
The financial priorities and succession planning approaches of men and women reveal significant differences.
02/20/2025
Endowus launches Fixed-Rate Savings in Hong Kong, offering clients access to preferential time deposit rates with leading global banks
Designed to provide market-competitive fixed returns, this new offering enables customers to maximize their savings with trusted global financial institutions.