07/26/2023
Rathbones takes £6m fee freeze hit waiting on Saunderson House deal
‘We have chosen not to charge investment advisory fees to clients’
Wealth and Asset Management
07/26/2023
Nucleus launches improved cash panel on James Hay platform to help advisers make their customers’ cash work harder
There are currently 26 different account options up from the three that were previously available, providing greater flexibility and enabling more customers to take advantage of the higher interest rates on offer.
07/26/2023
Conyers Recognised in Chambers High Net Worth Guide
Newly ranked this year is Cayman Counsel Wesley O’Brien as an Associate to Watch.
07/26/2023
Julius Baer to end business with Russia-based clients
The wealth manager said it will drop all Russia-domiciled clients by the end of the year as a result of the widening spate of sanctions.
07/26/2023
Vontobel will work with Microsoft to employ AI
The global investment company Vontobel is scaling up its collaboration with Microsoft in order to employ Azure Open AI Service.
07/25/2023
Julius Baer Breaks New Ground in Client Expansion
This doesn't prevent him from attracting more outside talent because the bank offers attractive conditions.
07/25/2023
CEO Captain: EFG Asia's Albert Chiu
EFG's executive chairman of Asia Pacific Albert Chiu talks to us about his faith in Hong Kong
07/25/2023
Alternative expertise helps LGT make headway in ultra-high net worth space
The strategy, which aims at achieving “equity-like returns with fixed income volatility”, was made available to ultra-rich clients just seven years ago, after the UHNW share class was tested for two years.
07/25/2023
Evelyn Partners Group Limited Interim results for the six months ended 30 June 2023 (unaudited)
During the period, the business delivered record growth in both gross and net new assets, increased operating income including excellent momentum in Professional Services fee growth
07/25/2023
Migros Bank achieved a strong first half of 2023
With success: Migros Bank received several awards in 2023 for the digitization of its customer offering.
07/25/2023
How UBS Goes Fishing for Big Game
In addition to the growth market of Asia, UBS is currently focusing on its business with wealthy US private clients.
07/25/2023
Unicorn Asset Management chair Colin Howell dies
A statement from the firm reports that the industry veteran passed away unexpectedly.
07/25/2023
China wealth manager warns weak economy to squeeze client assets
Beijing's tech crackdown an added headwind as assets shrink
07/24/2023
What is wealth management?
What do wealth managers do and how can they help HNW individuals maximise the efficiency of their investments?
07/24/2023
Presentation of the 2023 half-year results for the Julius Baer Group
In the first half of 2023, assets under management grew by CHF 17 billion (4%) to CHF 441 billion.
07/24/2023
Chris Lieber: «The trend is away from the banks»
At the beginning of the year, the company made a name for itself with the spectacular takeover of the Zurich company Entrepreneur Partners. Since then it has become rather quiet again.
07/24/2023
GAM Holding AG provides update on the Liontrust offer
In addition, with GAM having entered into definitive agreements to sell the third-party FMS businesses in Luxembourg and Switzerland to Carne Group, Liontrust has waived the FMS Exit Condition.
07/24/2023
Morgan Stanley IM merges away $529m Global HY bond fund
The new strategy will assume the structure of the existing sustainable approach, Citywire Selector has learned.
07/24/2023
IHT receipts show £0.2 billion rise year-on-year
Inflationary growth of asset values coupled with frozen allowances* are helping ensure that, as things stand, IHT receipts continue to be a lucrative earner for the Treasury.
07/24/2023
Julius Baer plans new northern UK branch as it pulls in billions
The move comes after the private bank saw a surge in first-half inflows to CHF7bn following the merger of two of its biggest rivals, Credit Suisse and UBS.