12/07/2023
FAB Private Banking launches fund to support UN Sustainable Development Goals
FAB SDG Fund targets investments that address social and environmental challenges
Wealth and Asset Management
12/06/2023
NFL Players Association names UBS an Institutional Financial Advisor
UBS Financial Advisors bring a planning orientation and extensive experience to helping professional athletes and their families deal with issues such as sudden wealth, complex contracts, family financial dynamics, and much more.
12/06/2023
State Street Announces Successful Implementation of State Street Alpha® for BMO Global Asset Management
The combination of State Street and Charles River Development has enabled the industry’s first-ever global, interoperable services platform for the front, middle and back office from one single provider, known as State Street Alpha.
12/06/2023
Impax launches Global Social Leaders Strategy
Impax believes that the investment opportunity to back companies that are benefiting from these societal trends is being undervalued by the market.
12/06/2023
Perpetual to Launch Strategic Review of Corporate Trust, Wealth Management Businesses
Perpetual said the strategic review will also consider the benefits of a more focused Asset Management business. It didn't indicate how long the review could take.
12/06/2023
HFMC Wealth completes acquisition of Harford Financial Ltd
The support team will be strengthened further with Anson Doneganalso joining the team.
12/06/2023
Skerritts adds £230m AUM with Chester adviser acquisition
Second deal under Paul Feeney took reigns at PE-backed firm
12/06/2023
One Swiss Bank will disappear from the stock exchange in March
At the same time, a special dividend of 23 cents per share was approved, which has already been distributed to the shareholders.
12/06/2023
LV= completes next phase of asset transition to BlackRock
The full transition of select LV= funds to BlackRock for management is due for completion in the first half of 2024.
12/06/2023
Zurich boutique to launch equity fund following Finma approval
Arvy’s new Ucits fund targets global equities and its top holding is Novo Nordisk.
12/06/2023
Columbia Threadneedle Investments enhances responsible investment offering with the launch of the CT (Lux) Global Social Bond fund
The launch complements Columbia Threadneedle’s existing UK and European strategies, providing investors with a wider choice of geographical remit for their social bond exposure.
12/06/2023
New wealth consolidator buys business off SJP’s DFM arm
The recently formed Liberate Wealth has acquired Stafford House Investments from St James’s Place discretionary fund management subsidiary Rowan Dartington.
12/05/2023
Wealth Managers slash Asia fund exposure
The level of exposure peaked in May 2022 at 5.6 per cent.
12/05/2023
NewEdge Capital Group Connects its Advisors and Wealth Divisions with New Program Supporting UHNW Clients
NewEdge Bridge Program Supports Growing Client Segment with Full Suite of Solutions, Services of NewEdge Capital Group
12/05/2023
Evelyn Partners acquires Harwood Hutton
The acquisition of Harwood Hutton continues Evelyn Partners’ strategy of augmenting strong organic growth in its Professional Services business with selective acquisitions of high-quality firms with complementary expertise to strengthen the group&am
12/05/2023
Mirova targets €350 million for new strategy dedicated to sustainable land management
The new fund will support agroforestry, sustainable forestry, and regenerative agriculture projects in developing countries, while preserving and restoring nature and the climate.
12/05/2023
‘We don’t distribute profits’: Ex-Oddo team on launching Zurich IAM
Elias Hamana, managing partner of G7nesis, discusses the value of independence, his growth plans and the firm’s modular approach to customising portfolios.
12/05/2023
Swiss Private Bank, Banque Pictet, Admits To Conspiring With U.S. Taxpayers To Hide Assets And Income In Offshore Accounts
Bank Enters into a Deferred Prosecution Agreement for Criminal Misconduct and Agrees to Pay More Than $122.9 Million
12/05/2023
Liberate Wealth establishes south west presence with second acquisition
Stafford House Investments is responsible for £275m of client assets and the acquisition brings Liberate Wealth’s assets under management (AUM) to £475m.
12/05/2023
World’s Best Private Banks 2024—The Year Ahead
On the other hand, the ongoing generational shift in client composition and evolving technology breakthroughs keep accelerating demand for new, better-yielding investment products.