02/28/2023
Agreement to sell Discretionary Fund Management Business
abrdn’s Managed Portfolio Service business, which is currently part of the DFM business
Wealth and Asset Management
02/28/2023
LGT to acquire discretionary fund management business of abrdn in the United Kingdom
Upon closing of the transaction, LGT Wealth Management, the UK-based wealth manager and part of LGT, will assume the client relationships of the acquired business and all of its employees.
02/28/2023
UBS advisor team Endurance Artist Management named to the Forbes Best-in-State Wealth Management Teams list
This select group of UBS advisors participate in an extensive training program, which covers complex needs unique to this client segment, such as atypical income streams and special financing circumstances.
02/28/2023
Noah Holdings wins 'Best Independent Wealth Manager - China' at Asian Private Banker Awards for Distinction 2022
The Asian Private Banker Awards for Distinction identifies and honors the benchmark for excellence in private banking and wealth management in the Asia Pacific region.
02/28/2023
UBS commits $3 million to Black Innovation Alliance
The partnership is designed to support the growth and development of BIA’s membership base, which will include launching a digital laboratory with resources for founders, hosting training summits for members, providing funding to help develop new, i
02/28/2023
Edmond De Rothschild Broadens Presence in the Middle East with Opening of New Office in DIFC
The bank’s conviction-driven investment capabilities are designed to address the challenges facing our society and accompany the major trends that will shape the economy for several decades, giving purpose to investments across liquid and real asset
02/28/2023
Goldman CEO says asset management is the new growth engine, will learn from bungled consumer effort
Goldman Sachs CEO David Solomon said asset management and wealth management would be the growth engine for the bank after his efforts in consumer banking went awry.
02/28/2023
SJP Full Year Results announcement 2022
Proposed full year dividend of 52.78 pence per share (2021: 51.96), in line with our 70% target pay-out ratio
02/28/2023
Allfunds publishes its preliminary 2022 financial results and announces the closing of the MainStreet majority stake acquisition
It also announces that the acquisition of a majority stake in MainStreet Capital Partners Limited (‘MainStreet’), has closed following completion of customary closing conditions.
02/28/2023
Focus Financial Partners to be Acquired by Clayton, Dubilier & Rice
The proposed transaction delivers substantial value to Focus' stockholders
02/28/2023
Man Group AUM falls 4% in 2022 despite $3.1bn in inflows
$8.4bn of 'combined negative impacts'
02/28/2023
abrdn reports 8% drop in AUM throughout 'one of the toughest years in living memory'
Net outflows of £13.4bn
02/27/2023
HSBC Global Private Banking responds to Hong Kong's latest family office incentives
The rapid growth of Asian wealth, coupled with UHNW families’ intent to institutionalise and professionalise the management of their wealth in recent years, has spurred the development of Hong Kong’s family office ecosystem.
02/27/2023
Ping An Bank Hong Kong Branch granted insurance agency license
In this age of digital transformation, the way investors conduct trading, consulting and acquiring information have changed.
02/27/2023
St James’s Place to close Shanghai office
Firm will ‘continue to invest in and grow’ its operations in Hong Kong and Singapore.
02/27/2023
Arbuthnot profits set to beat forecast after strong quarter
Forecast of £17.3m will be topped
02/27/2023
Baar independent asset manager rebrands
The firm, previously known as Asset Management Partners, said the name change will not have a wider impact on its clients.
02/27/2023
LLB Group posts best Group business result for more than ten years Continuing on growth trajectory
In 2022, the LLB Group continued its dynamic growth with further net new money inflows and higher loans to clients contributing to the development.
02/27/2023
Rothschild & Co wins Best Corporate Finance Adviser award from GlobalCapital
This recognition reflects our leading Debt Advisory activity and marks the third consecutive year that we have won this award.
02/27/2023
Bank Linth: Pleasing business result for 2022
Bank Linth's volume growth maintained its momentum in 2022. Loans to customers increased by 4.4 percent to CHF 6,783.9 million.