04/22/2024
China’s $3.7 Trillion Wealth Industry Is Plagued by Sub-3% Returns
Low-risk investments that yield 3% are becoming rare. It’s disorienting for a nation of savers and their asset managers.
Wealth and Asset Management
04/22/2024
Five waves of UBS layoffs to start in June, SonntagsZeitung says
Most of the cost savings are set to come from cutting staff and analysts have estimated between 30,000 and 35,000 jobs could go globally.
04/22/2024
Local success & global expertise: how a focus on entrepreneurs boosts Julius Baer in the UK
The UK wealth market is a competitive industry, but thanks to Julius Baer’s focus on pure wealth management and highly personalised service, the firm is poised to grow its regional footprint further.
04/22/2024
Janus Henderson aims to double AUM in Asia in five years
Andrew Hendry, Asia Pacific CEO at Janus Henderson, explains how the firm has turned the page following the merger in 2017.
04/22/2024
Wellington inks distribution deal with SCPB
Standard Chartered Private Bank will distribute Wellington Management's Credit Total Return fund.
04/22/2024
Ludlow Trust announces purchase of C. Hoare & Co’s trust business
The deal marks a significant milestone in Ludlow Trust’s growth.
04/19/2024
Morgan Stanley Wealth Management Pulse Survey Reveals Bullish Sentiment Despite Drop in Optimism
Inflation and election concerns have increased.
04/19/2024
ABN AMRO is doubling the number of Help with Banking advisers
Banking is becoming increasingly digitalised and also easier for many.
04/19/2024
Gary S. Williams of Williams Asset Management Honored in Forbes Best-In-State Wealth Advisors List for 2024
This marks the sixth year in a row of being named to this prestigious list of financial advisors.
04/19/2024
Coutts' approach to investing
How we decide where to invest our clients’ money – and how it’s working out.
04/19/2024
Raiffeisen publishes annual reports for 2023
It managed to grow in all business areas and gain market share.
04/19/2024
HNW advice firm partners with Multiply
This will be done by automating aspects of the onboarding and annual review processes for clients.
04/19/2024
Geneva-based Pictet AM debuts AI-powered global equities fund
The Luxembourg-domiciled fund will target an annual return before fees of 1.5% above the MSCI World index
04/18/2024
UBS, Nomura Battle to Win Rates Sales to Europe’s Ultra Rich
Switzerland’s biggest bank has been adding to its structured rates offering over the past six months.
04/18/2024
Brooks Macdonald funds under management rise in third quarter
During the third quarter, organic net new business fell by GBP294 million or 1.7%, but this was more than offset by investment performance rising by GBP642 million or 3.7%.
04/18/2024
UBS GWM's market team head for Malaysia and Singapore exits
The market team head had been with UBS GWM for almost two decades.
04/18/2024
Smead Capital's contrarian oil bet piques private bank interest
The $6bn US value house has been a long-term backer of the out-of-favour sector, which is now catching the eye of private banks looking to diversify away from the Magnificent Seven.
04/18/2024
New wealth management firm launched near York
The company, based near Pocklington, will cater to the financial needs of business leaders, landowners, and high net worth clients.
04/18/2024
Structured products proposition wins Best Performance Benelux award
The SRP Structured Products Awards are the most prestigious prizes within the industry and have been established to review the best-performing products and distributors of structured products in Europe.
04/18/2024
A new chapter begins for Pictet in the summer
The wealth management boss for German-speaking Switzerland has been in office for a year and is now really getting started.