09/15/2023
Chartered Asset Management picks Northern Trust for custody services
The programme allowed fund managers to constitute their investment funds as VCCs.
Wealth and Asset Management
09/15/2023
UBS CEO committed to staying at the helm through 2026
The biggest bank merger since the global financial crisis was hastily arranged in March by the Swiss government to avert Credit Suisse's collapse.
09/15/2023
Cayman Islands to open Singapore office to lure Asia’s wealthy
Caribbean territory lays out ‘red carpet’ to attract hedge funds and family offices from region
09/15/2023
'Swiss authorities are playing catch-up on financial crime reforms'
They also seek to shift the responsibility for that task onto the shoulders of the private sector, which will be under new duties to flag risks and bolster scrutiny of legal structures.
09/14/2023
We’re not expecting a crash or a global recession
Union Bancaire Privée has acquired an asset management business in Japan
09/14/2023
European wealth manager invests in three UK advice firms
Company says it is ‘not in the business of buying and consolidating’
09/14/2023
Swiss Prime Site Solutions becomes AMAS member
The real estate manager Swiss Prime Site Solutions is the latest active member of the Asset Management Association Switzerland.
09/14/2023
Raiffeisen Aims Big by Thinking Small
Raiffeisen Group attracted 1.8 billion Swiss francs of new custody assets in the first half of the year.
09/14/2023
Brooks Macdonald's adviser MPS business represents 20% of assets
The company confirmed there were outflows from the main bespoke service, though its decumulation product within this grew its assets by 50 per cent over the year.
09/14/2023
Boutique could split from Natixis IM
Natixis said that a sale is not on the agenda, but Citywire sources think it is likely.
09/14/2023
Artemis launches luxury brands fund for ex-GAM manager
Swetha Ramachandran will manage the thematic equity fund which looks to tap into the ways that demographic and geographic shifts are changing consumer spending.
09/14/2023
Macquarie Asset Management becomes lead investor in Verkor Series C fundraise
The financing will accelerate the construction of Verkor’s first gigafactory in Dunkirk and the manufacture of high performance low-carbon battery cells.
09/14/2023
Saltus launches Partnership Programme to provide tailored support for financial planning firms looking to maximise value
The service has been designed so that advisers can maximise capital value in their business and realise it at a time of their choosing, either along the growth journey or when they ae ready to exit.
09/14/2023
Zurich wants to buy Italian Julius Baer subsidiary
Julius Baer's Italian asset management subsidiary is valued at 40 to 50 million euros, the report continues.
09/14/2023
DBS chief says wealth management business benefiting from inflows
He said wealth management was one of the best performing segments in the financial services sector and that the industry could support a high number of participants.
09/14/2023
Russia Risks are Through the Roof for Swiss Banking
Another data leak is causing embarrassment for Swiss banks.
09/14/2023
Local Associate Director also named in NextGen list
Alongside his role at Saffery Trust, he is also Deputy Chair of the STEP Committee in Guernsey.
09/14/2023
Raiffeisen Aims Big by Thinking Small
The group made up of 219 individual institutions is preparing to make its mark in asset management, an area dominated by UBS and Credit Suisse.
09/14/2023
Clients of wealth managers/financial advisers increase exposure to cash and alternatives
Some 23% say their clients have kept the same allocation to cash and just 2% say their clients have decreased their allocation.
09/13/2023
StanChart-Owned Zodia Custody Enters Singapore
The regulator also proposed draft legislation on safeguarding such digital assets.