04/09/2024
Wealth Management’s Rising Star in Asia Has Tricky Task at UBS
She’s using her ties with UBS investment bankers hailing from Credit Suisse to win business from ultra-rich clients.
Wealth and Asset Management
04/09/2024
Cerity Partners Announces Combination with Agility to Offer Outsourced Chief Investment Officer Capability
The addition of Denver-based Agility will expand Cerity Partners' capabilities through outsourced chief investment officer services to non-profit organizations, UHNW individuals, and family offices.
04/09/2024
Canaccord Genuity Group Inc. through its wealth management business in the UK, announces completion of acquisition of Intelligent Capital
Operating under the Adam & Company brand, the combined teams become a significant wealth management business in Scotland with further growth potential
04/09/2024
Property tops biggest wealth manager trust trades in Q1
Rathbones, Quilter, Brooks Macdonald and RBC Brewin Dolphin have all tweaked exposure to property and infrastructure since the start of 2024.
04/09/2024
UBS and Sumitomo Mitsui Trust to Enhance Wealth Management in Japan by Acquiring Credit Suisse's Division
The joint venture is majority-owned by UBS Securities Japan with a 51% stake, while Sumitomo Mitsui Trust owns the remaining 49%.
04/09/2024
Lescaudron affair: In the end the bank loses
The big bank is stubbornly defending itself against this – as is currently the case in Singapore.
04/09/2024
Private wealth sellers fuel £1.7bn Impax quarterly outflow
After fresh outflows, the sustainable fund firm notes that sentiment towards green investing is improving with assets under management rising to £39.6bn.
04/09/2024
HSBC to accelerate China wealth expansion, on track to meet hiring target
The bank, which makes the bulk of its revenues in Asia, also plans to expand its mainstay wealth business in India
04/09/2024
Increased pension annual allowance fails to entice higher earners
According to the survey, the average pension contribution for HNWIs was £35,400
04/09/2024
Hampden & Co increases employment and profits in FY23
Hampden & Co, a UK private bank has shown that new client numbers increased by nearly a fifth (19%) in FY2023.
04/09/2024
UBS prepares for Switzerland’s ‘too big to fail’ regulation; EU banks at ESG rule disadvantage, warns industry group
Plus: Santander UK withdrawing from Lending Standards Board, and more
04/08/2024
Trinity Investments, Funds Managed by Oaktree Capital Management
The acquisition marks Trinity’s entry into Europe and extends relationships among the three firms
04/08/2024
Pictet WM's Jia on its endowment-style strategy for structured products
The firm’s multi-asset DPM head sees higher cash rates and lower equity volatility as opportunities for certain structured product plays.
04/08/2024
HSBC’s Quinn Targets Lifting Wealth Business in China, India
“I want an equally strong wealth management capability in mainland China, Singapore, for Asean, and in India.”
04/08/2024
Private Debt: A Time-Honoured Market Perspective
Private debt's growth does not hinge solely on shifts in monetary policy.
04/08/2024
TISE reports strong growth in new listings to begin 2024
The total market value of all listed securities stood at more than £670 billion at the end of the quarter.
04/08/2024
WealthSelect hits pause on adding to fixed income as inflation risk could delay rate cuts
The team believe the risk of a Fed induced hard recession has been reduced and the likelihood of a hard, soft or no landing is balanced.
04/08/2024
UBS JV to acquire Credit Suisse Japan wealth management business
UBS SuMi envisages that all of Credit Suisse's advisors and the wealth management assets they manage in Japan will be transferred to UBS SuMi following the merger of UBS and Credit Suisse, which is due to be completed by the end of June.
04/08/2024
Stanbic IBTC Bank wins big at the 2024 Euromoney Global Private Banking Awards
These awards recognise institutions that demonstrate exceptional performance in providing clients with superior advice, service and solutions.
04/08/2024
SJP expands VR adviser training with CII course
The Vulnerability VR empathy training programme is aimed to build vulnerable client support and soft skills for advisers in line with Consumer Duty.