03/08/2023
Coutts Monthly Update: Inflation – sticky, stubborn, and still a concern
Interest rates might have to rise a bit more than expected and stay there longer before inflation starts falling properly.
Wealth and Asset Management
03/08/2023
RLAM profits soar 58% despite turbulent 2022
In its annual results to the end of December 2022, Royal London Asset Management reported its pre-tax profit jumped to £210m from £133m in 2021.
03/08/2023
Rosie Allsopp wins gold at the Citywealth Powerwomen Awards
The gold award recognises Rosie's outstanding achievements in her role at Guernsey Finance and her wider influence in the island's financial services sector.
03/08/2023
Quadruple Success for JTC in Citywealth Powerwomen Awards
In addition, JTC was awarded bronze for ‘Best Employer – Career Progression’ in recognition of the firm’s approach to professional development and the career support it offers – backed up by JTC’s shared ownership and i
03/07/2023
Fairstone makes second acquisition of 2023
Deal adds £200m in funds under management to the group
03/07/2023
An earnings recession? Reading between company lines
In the US, S&P500 firms’ earnings fell on the previous year for the first time since the pandemic, with materials, financials, technology, utilities and communication services leading the decline.
03/07/2023
Annual financial statements of Credit Suisse real estate funds as of December 31, 2022
In 2022, CS REF Green Property acquired one business property as part of a realignment in Schlieren.
03/07/2023
VP Bank Group holding its own in a challenging environment and proposes an unchanged dividend
The Board of Directors proposes an unchanged dividend of CHF 5.00 per share.
03/07/2023
Credit Suisse expands sustainability offering for corporate clients
New partnership with act Cleantech Agentur Schweiz
03/07/2023
Boutique buys three funds from GAM’s alts platform
The London-based group is to assume responsibility for a trio of strategies with $85m in combined assets.
03/07/2023
Rathbones partners with Social Shifters to support Scottish young entrepreneurs keen to inspire change in society
In a jointly commissioned study, Rathbones Investment Management, a division of Rathbones Group Plc, and Social Shifters conducted their Youth Social Entrepreneurship study, polling over 1,000 young innovators and entrepreneurs in Scotland.
03/07/2023
City of London Corporation Appoints Stanhope Capital Group as Outsourced Chief Investment Officer (OCIO)
Stanhope will provide strategic investment and asset allocation advice, working alongside the City Corporation’s in-house Corporate Treasury and Investment Property teams.
03/07/2023
Deutsche’s private bank cost-cutting crusade pays off
Also notable was a push to slash its cost-to-income ratio to 70% in 2022, from 92% in 2018, aided by a cull of 18,000 jobs.
03/07/2023
SJP partner firm completes first acquisition of 2023
Deal takes its assets under management to around £500m
03/07/2023
Piguet Galland launches two multi-asset alternative funds
The pair of new strategies invest in equities, bonds, real estate and alternative investments.
03/07/2023
Geneva wealth manager to merge with Brazilian multi-family office
The wealth manager Brainvest unites with KPC Consulatoria.
03/07/2023
Schroders Personal Wealth adopts AI-based Aveni Detect platform
The Financial Conduct Authority has recently called for companies to invest more in technology to ensure future regulatory requirements are met.
03/07/2023
Asset and Wealth Management Will Unlock the Most Value for Goldman Sachs. Here's How
The stock is up close to 55% over the past three years.
03/06/2023
China border reopening kick-starts doubling of Standard Chartered wealth-management income in Hong Kong, executive says
Sales of insurance to mainland visitors will return to the pre-Covid level in the second quarter, senior executive says
03/06/2023
Swiss fund manager GAM rushes to find buyer before results
Investment firm seeks deal after share price collapse and delay to earnings report