07/16/2024
Clime IM’s wealth management M&A spree
Prior to heading up Madison, Donat was head of licensee development at BT Group licensees.
Wealth and Asset Management
07/16/2024
Standard Chartered Bank Hong Kong transforms digital wealth management with myWealth Direct
At the beginning of 2020, the Wealth Management division of Standard Chartered Bank kickstarted an ambitious journey to scale up its digital advisory platform capabilities.
07/16/2024
Pictet’s head of fund research lifts the lid on current searches
Sébastien Gentizon talks through his team’s strategy and how its high-conviction approach feeds into the Swiss bank’s wider thinking.
07/16/2024
Impax Asset Management Group plc completes acquisition of fixed income assets of Absalon Corporate Credit
With the completion of the acquisition, Absalon’s Global High Yield and Emerging Market Corporate Debt strategies become part of Impax’s fixed income range, with funds available on Impax’s Irish-based UCITS platform.
07/16/2024
Close Bros’ wealth arm in fresh talks over £200m sale
Private equity house Oaktree Capital Management is rumoured to be in talks to buy Close Brothers Asset Management.
07/16/2024
Glen Smith, CEO and CIO of GDS Wealth Management, Celebrates 20 Years in the Financial Services Industry
The last twenty years of Glen's career have been marked by tremendous blessings.
07/16/2024
CHF 610m fundraise propels Swiss Life property fund to top table
With a market cap of around CHF 2.5bn, the strategy is now one of the five largest listed real estate funds in Switzerland.
07/16/2024
Vontobel merges German AM subsidiary with sister company
Company hopes integration will enable it to pool its strengths and become more efficient.
07/16/2024
Wealth managers grapple with long client onboarding times, study shows
The experience of wealth management professionals varies between the UK and the other markets included in the survey.
07/16/2024
PIMFA sets out 5-year agenda for government to create a UK Culture of Thriving Financial Health
PIMFA believes that this can be done primarily by equipping retail investors with the tools and incentives necessary to save and invest for their financial futures.
07/16/2024
Wealth Management Boosts Profits at Zuger Cantonal Bank
The Zuger Cantonal Bank increased its operating income by 1.7 percent to 154.2 million Swiss francs in the first half of the year
07/16/2024
Annalise Toberman: Wealth management’s disputed territory
This is no longer a cottage industry of stockbroking firms serving those of privileged means
07/16/2024
SEB’s results for the second quarter 2024
While the interest rate cuts during the quarter resulted in a decrease in net interest income, we saw improved momentum in other parts of our business.
07/16/2024
Goldman Sachs’ Wealth Management Revenue Up 8% in Q2
The bank's Asset & Wealth Management segment is becoming a bigger contributor to the firm’s overall growth.
07/16/2024
Morgan Stanley’s wealth business stumbles even as profits jump
Bank reports 40% rise in quarterly profits but wealth unit struggles to attract assets with interest rates higher
07/15/2024
What factors are driving the rebound in global wealth?
The proportion of people in the world in the lowest wealth bracket has shrunk since 2008, while the proportion of people in every other wealth bracket has grown.
07/15/2024
Hong Kong’s Private Banking Rebound in Numbers
Hong Kong’s private banking industry is experiencing renewed optimism after several difficult years that included political uncertainty, strict health-related restrictions and poor market performance.
07/15/2024
OCBC expands wealth management, corporate banking in Macau to tap Greater Bay Area clients
OCBC sees wealth management as it key growth engine in Macau and would like to serve corporate clients expanding in the gaming hub, bank’s local head says
07/15/2024
Architects of Wealth: Lemuel Lee on how BNP Paribas Stays Ahead in Asian Private Banking
BNP Paribas Wealth Management Asia had an of USD80 billion as of end 2023, making its private bank business in the region a significant part of the global banking giant’s portfolio.
07/15/2024
UBS Suffers Setback in Greensill Scandal
They also complain that they have been denied access to important documents.