07/20/2023
Oberon Investments acquires Nexus EIS Fund to expand its portfolio
The deal will be paid for by issuing 7.5m new ordinary shares in Oberon and is expected to boost Oberon’s profit before tax.
Wealth and Asset Management
07/20/2023
Rathbone Funds Now Live on Charles River IMS® and State Street Alpha® Data Platform
The combination of Charles River IMS and ADP empowers their business with faster insights, increased operational efficiency, and greater collaboration across investment teams.
07/19/2023
SG Kleinwort Hambros establishes new client lifecycle team
A new Client Lifecycle Team has been established by SG Kleinwort Hambros (SGKH) and Was Chaudry has been named as the team's head.
07/19/2023
The best precious metals advisers for high-net-worth individuals in 2023
Welcome to the Spear’s ranking of the best precious metals advisers for high-net-worth-individuals in the UK
07/19/2023
Brown Brothers Harriman Private Banking Team Continues Growth in Philadelphia
These hires reflect the firm's deep commitment to Philadelphia and the mid-Atlantic region, its private business owners, and local endowments, foundations, and non-profit institutions.
07/19/2023
StanChart's Marc Van de Walle on the bank’s regional ambitions
The bank’s global head of wealth management sets out the case for a fully-converged digital platform across segments and geographies.
07/19/2023
Citi Wealth says look beyond tech to ‘compelling’ financials
Tech stock valuations leave little margin for error in the upcoming reporting season, whereas banks are only trading at book value despite an improving backdrop, says Citi Global Wealth chief investment officer David Bailin.
07/19/2023
REYL Intesa Sanpaolo wins two WealthBriefing WealthForGood awards, including “Best Bank for Philanthropy Offering”
The WealthBriefing WealthForGood Awards distinguish the top players in the global wealth management industry.
07/19/2023
Private banks eye bigger slice of private credit market
Distressed debt and senior secured loans look attractive, but must not neglect potential issues within the asset class, such as limited transparency and liquidity.
07/19/2023
LGT Private Banking starts digital hub in Barcelona
The private bank invests CHF200m in a new digitalisation strategy.
07/19/2023
Launch of new artworks by winners of the Julius Baer Next Generation Art Prize
The completed digital artworks of the six visionary prize winners will be exhibited in a ‘meta-world’ gallery from now until 31 August 2023.
07/19/2023
Worldsource Wealth Management and IDC WIN to Utilize Broadridge’s AdvisorStream
Automated digital marketing enhancing the advisor-investor relationship and experience
07/19/2023
Julius Baer India relocates to state-of-the-art office in New Delhi, reinforcing commitment to growth market
Expansion exemplifies the firm’s commitment to India as a strategic growth market while demonstrating its dedication to fostering a skilled team to serve clients in the region.
07/19/2023
Nordea to acquire Danske Bank consumer and private banking business in Norway
The acquisition is an ideal strategic fit for Nordea and will strengthen Nordea’s market position in Norway among household customers.
07/19/2023
Raymond James UK profits boosted 50% despite £1bn asset squeeze
A swathe of client inflows allowed the UK division of Raymond James to increase its profits, despite volatile markets in 2022.
07/19/2023
Hargreaves Lansdown posts 6% increase in net new business for Q2 2023
AUA up 2%
07/19/2023
Global Survey Shows Wealth Management Ecosystem at Inflection Point
This heightened focus on client experience and more specifically the digital client experience stems from evolving client expectations and the threat of digital disruptors.
07/18/2023
AdvisorHub names Rise Private Wealth Management co-founder and CEO Brent Kiley among ‘Advisors to Watch over $1Bil’
AdvisorHub recognizes elite financial advisors who manage more than $1 billion in client assets based on their innovation, professionalism, and success in the business.
07/18/2023
Citi Wealth Unit Posts Mixed Results Ahead of Sieg Takeover
Citi includes in that tally not only brokers but also private bankers, so-called financial client advisors, relationship managers, and investment counselors.
07/18/2023
Private bank CIOs inch back into equities
In the latest edition of the Top 30 Super Allocators, Europe’s biggest private banks are getting more upbeat about equities, especially with Japan and Asia still going strong.