03/18/2024
Boomers Control America’s Wealth: How Gen X and Millennials Can Catch Up
Together, non-boomers make up more than 53% of the country’s households but control just 27% of the wealth.
Wealth and Asset Management
03/18/2024
Wealth Managers Bet on More Fuel For Private Credit
Changing market conditions could act as headwinds
03/18/2024
Can UBS become Europe’s Morgan Stanley?
At the division’s first leadership conference for several years, Federer shared his experiences of coping with the pressure of being a tennis superstar.
03/18/2024
Julius Baer Expands RM Base in Asia
Within Asia, he said that there were positions in Hong Kong that the bank was seeking to fill.
03/18/2024
Iqbal Khan & Co are firmly in the race to succeed Ermotti at UBS
When it comes to replacing CEO Sergio Ermotti - Kelleher wants him to remain in office for at least four more years - he would also like to take his lead from the US institute.
03/18/2024
Two former CS store managers are moving to Paradeplatz boutique
As the investment company finews.ch, based on Paradeplatz in the heart of Zurich's banking center , confirmed, around 20 employees now work for the company in the Client Solutions department.
03/18/2024
Wealth veteran takes swipe at M&A as he sets up own business
Former Gerrards and Ravenscroft investment manager Kieran Follis has partnered with P1 Investment Services for his new wealth business.
03/18/2024
Partners Group adds private markets royalties to its investment platform
The team will be integrated into the wider Partners Group platform and will benefit from the firm's existing network, expertise, and portfolio insights.
03/18/2024
Quilter announces next instalment of platform enhancements
The Quilter platform will also now use the Faster Payments System for single ad hoc withdrawals and crystallisation payments.
03/18/2024
Othis launches personal wealth management platform for individuals and families in Europe with diverse portfolios
With the initial product, Othis targets individuals and families with portfolios of diverse assets.
03/18/2024
Former Tees Wealth head launches investment management firm with P1
A discretionary managed portfolio investment service on a more individual, bespoke basis will also be offered.
03/18/2024
Blackstone-backed ASK launches hedge fund for UHNWIs, family offices
The open-ended category 3 long-short Alternative Investment Fund (AIF) has no fixed tenure, and positions itself as a core portfolio holding.
03/18/2024
JPM AM calls time on quintet’s long-running bond fund
Fund house to liquidate sterling-focused debt strategy after seeing steady decline in assets.
03/15/2024
Wealth Managers Sound Off on Private Market Demand
As a result, many are increasingly exploring opportunities in alternatives.
03/15/2024
EFG Agrees to Pay the US for Possible Sanctions Breaches
The settlement amount reflects OFAC’s determination that EFG’s apparent violations were voluntarily self-disclosed and not egregious, and also reflects EFG’s significant remedial measures
03/15/2024
Digital innovation in wealth management
Since the financial crisis hit the markets in 2008, the sector has experienced massive changes, and the pandemic has only accelerated the pace of these changes.
03/15/2024
Onshore in Germany – and there’s still no end in sight
Meanwhile, the expansion of local houses in the neighboring country continues unabated.
03/15/2024
BNP Paribas AM Apac CEO outlines expansion plans
Asia Pacific CEO Mike Nikou tells FSA why the firm is targeting wholesale distribution and why a three-pronged approach to China makes sense.
03/15/2024
Elevate your life with HSBC’s Premier Elite
With the new offering, the bank is set to redefine the parameters of wealth manageme
03/15/2024
Wealth managers prefer generalist approach to technology exposure
The most held fund is Axa’s Global Technology fund, which appears in the portfolios of two of the allocators we cover.