07/31/2023
Switzerland’s global wealth crown up for grabs
For generations, Switzerland has been the go-to destination for offshore wealth.
Wealth and Asset Management
07/31/2023
Sanctuary Wealth Welcomes Glomb Private Wealth from UBS as the Latest Wirehouse Team to Join the Firm
$600 million Silicon Valley Firm, Founded by the Father-Son Team Chris and Michael Glomb, Look to Expand its Successful Business
07/31/2023
Interim results of the Swiss National Bank as at 30 June 2023
The SNB’s financial result depends largely on developments in the gold, foreign exchange and capital markets.
07/31/2023
Jupiter CEO would consider private markets venture with right partner
As it focuses more on institutional clients to drive growth, is there scope for the asset manager to push into the world of private markets?
07/31/2023
Nugenis awards Bordier UK £200m mandate
The strategic alliance sees Bordier UK working in partnership with the Cardiff-based firm, which supports a wide range of individual clients, companies and trustees across South Wales and the South-West of England.
07/28/2023
Private banks eye bigger slice of private credit market
Distressed debt and senior secured loans look attractive, but the pitfalls of limited transparency and liquidity remains.
07/28/2023
Banca Generali to Launch Swiss Operations in November
The Banca Generali Group expects the Swiss offshoot to generate between five and seven billion euros in inflows from Switzerland in the five years starting in 2024.
07/28/2023
GAM Holding AG brings forward date of EGM to 18 August 2023 and Liontrust extends offer period to 4 August 2023
This will allow GAM shareholders to consider the matters being proposed at the EGM earlier than previously scheduled.
07/28/2023
‘We see a positive investment cycle in many industry sectors,’ says Geneva-based manager
Adrian Bignell of Swiss fund boutique Quaero Capital, highlights current opportunities in European small and mid-cap stocks.
07/28/2023
NatWest posts interim growth; IAG swings to profit
This sent stocks in New York lower, after a mostly positive start, having been boosted by a strong economic growth print for the US.
07/28/2023
Barclays combines UK wealth and private banking businesses
To improve customer and client experience
07/28/2023
Measuring what matters
The Julius Baer Foundation adopts ‘The Seven Steps’ approach to measure outcomes that matter.
07/28/2023
WH Ireland seeks £5m to avert collapse after FCA talks
has agreed to a 30% pay cut as the firm battles to survive in adverse market conditions.
07/28/2023
Goldman Sachs Asset Management launches corporate impact and green bond funds
Boost sustainability for fixed income investors
07/28/2023
Allfunds to acquire BCC Iccrea Group's local paying agent business
With this transaction, Allfunds will build upon its position in the Banca Corrispondente or local paying agent business in Italy to better serve customers, while strengthening the partnership with an important financial institution in the country.
07/27/2023
Credit Suisse Tower Could Further Upend Canary Wharf
London's Canary Wharf is a place steeped in history.
07/27/2023
Value Partners Group, Aldiracita Sekuritas and STAR Asset Management Announce Strategic Partnership
The partnership also helps foster closer collaboration between Hong Kong and ASEAN countries and contributes to the healthy development of the region’s wealth and asset management industry.
07/27/2023
Expands Wealth Management Division, Exceeds $1 Billion in Assets Under Management, With Acquisition of Hudson Financial LLC - Form 8-K
This acquisition further accelerates the rapid growth of Pioneer Wealth Management, with assets under management rising sharply from $30 million in 2015 to now exceed $1 billion.
07/27/2023
Stifel's wealth management breaks records even as overall earnings decline
That brought its net income available to shareholders to $125.03 million, a 17.5% decrease from last year.
07/27/2023
Santander sharpens $300bn wealth unit’s focus on UHNW and LatAm clients
The firm's global head of wealth management, Victor Matarranz, spoke to Citywire about how alternatives are key to their UHNW strategy along with boosting its Latin America advisor desks.