11/16/2023
Close keen to snap up wealth businesses as sale rumours quieten
In a quarterly trading update, Close Brothers shared that it is looking to make acquisitions and hire more staff to drive growth.
Wealth and Asset Management
11/15/2023
J.P. Morgan AM stresses long-term advantages of 60/40 portfolios
The asset manager also highlights opportunities in alternatives and from international diversification to boost returns.
11/15/2023
Swiss private bank UBP plans Hong Kong, Greater Bay Area expansion to satisfy growing wealth-management demand, CEO says
Over the past five years, Greater China accounts for 75 per cent of UBP’s Asia growth, says Guy de Picciotto
11/15/2023
Secure messaging: the key to wealth management client engagement
There is a direct correlation between engagement and profitability.
11/15/2023
Exposure to equities leads to weak third quarter for wealth managers
Investors with greater exposure to equities struggled in the third quarter, but performed more strongly than those relying on fixed-income for 2023 as a whole
11/15/2023
Forecasting Millionaire Migration Trends in 2024
Intrigued, investment migration firm Latitude World analyzed the sharp rebound in millionaire migration since the peak of the pandemic to forecast 2024 trends.
11/15/2023
Swiss Banks Didn't Stop Doing Business with Oligarchs Early Enough
The confidential information related to Russian bank clients that leaked in a hack last September is having broader implications.
11/15/2023
SJP tackles shareholder dissent over executive pay
Performance Share Plan query
11/15/2023
Bellevue launches obesity solutions fund
The thematic equity fund covers diagnostics and treatment for obesity-related diseases, nutrition and physical activity companies.
11/15/2023
Over-promising could make ESG a ‘farce’, warns Geneva selector
A dose of realism is required when dealing with products with ambitious environmental goals, according to Mikaël Safrana.
11/15/2023
Where Sergio Ermotti sees the next big risk of CS integration
“We have 3,000 IT applications from Credit Suisse and we will keep 300,” the Bloomberg agency quoted the bank boss as saying. This will allow UBS to create clarity around the IT platform.
11/15/2023
How one advisor to the ultra-affluent successfully manages his practice
Ultra-high-net-worth advisor Thane Stenner shares practice management wisdom – both inherited and hard-earned – that's steered him well
11/15/2023
Ninety One announces interim results for the six months to 30 September 2023
Our response is to intensify our efforts in areas in which we can compete for market leadership, delivering best-in-class service to our clients
11/14/2023
Savant CEO Brent Brodeski Named a 2024 Chicago Titan
Program recognizes Chicago’s top 100 CEOs and C-Level executives.
11/14/2023
Wealth management priorities from an assertive regulator
The FCA’s latest expectations and priorities
11/14/2023
Spear’s Awards finalists: Private Bank of the Year – International
Introducing the finalists for the International Private Bank of the Year Award, in association with Blackstone
11/14/2023
Amundi and Indosuez Wealth Management acquire a stake in AirFund
This transaction will help market private asset funds managed by Amundi and Indosuez, and facilitate subscription and repurchase transactions in these funds.
11/14/2023
The era of relentless Swiss franc appreciation is coming to an end
Clearly, the prospect of a wider regional conflict has spooked investors.
11/14/2023
How AI can help advisors avoid losing clients
In fact, within a financial institution, the information and data available range from customer behavior to investment performance, including the influence of the advisor and the perception of the quality of the service.
11/14/2023
Evelyn Partners Active MPS team increases allocation to cash and government bonds
To take advantage of the returns available from cash, the team significantly increased their holding in BlackRock ICS Sterling Liquidity.