01/17/2023
HFMC Wealth bolsters London office with new purchase
R&S advises more than 100 families, many of whom have been clients for decades and, in some cases, over multiple generations.
Wealth and Asset Management
01/17/2023
Bellevue Asset Management launches debut private equity secondaries fund
The fund has a global remit and is primarily active in the US and Europe. Its target return is comparable to primary buyout funds, but the margins of safety are significantly higher.
01/17/2023
Cutting Through the Tactical Noise
European and Japanese equities lacked the lustre – or so the investors felt – and were often considered as old, ageing economies.
01/17/2023
The opposite of IAM consolidation is happening: Aswm’s Nicole Curti
The Alliance of Swiss Wealth Managers gains two new members, taking the count to 40.
01/17/2023
JPMorgan Chase registers 6% rise in Q4 profit
In the fourth quarter of 2022, the company’s AWM unit reported net income of $1.1bn, up 1% compared to the year ago period.
01/16/2023
UBS is Lead Partner of Wheel of Good Fortune 2023
Colourful lantern displays, a golden selfie installation, rides and skill games will allow participants to win prizes and enjoy the event.
01/16/2023
Schroders receives permission to establish wholly foreign-owned public fund management company in China
As a global asset management company founded in 1804, Schroders appreciates the strategic importance of China.
01/16/2023
Bank of America, Wells Fargo, Citi, J.P. Morgan Add Advisors as Assets Fall
Although client assets declined in general—the not-surprising result of the market’s slump in 2022—other metrics were positive.
01/16/2023
RBC Global Asset Management Inc. announces December sales results for RBC Funds, PH&N Funds and BlueBay Funds
Mutual fund sales results information is based on preliminary data from the Investment Funds Institute of Canada and only include Canadian prospectus qualified mutual funds.
01/16/2023
BlackRock AUM drops 14% despite CHF278bn inflows
The world’s largest asset manager took in new money last year but this could not offset significant market falls, meaning assets, fees and revenues tumbled.
01/16/2023
FNZ successfully completes acquisition of Fondsdepot Bank
The acquisition represents a further investment by FNZ in the German market
01/16/2023
The Great UBS Valuation Frustration
In Switzerland, the Swiss Performance Index (SPI) gained 5.8 percent, its second-best performance since 2000, behind only 2013's 6.4 percent gain.
01/16/2023
BNP Paribas Asset Management expands Nordic ETF team
Altas joins from BlackRock and has 10 years’ asset management industry experience, as a Relationship Manager and Sales Support Manager.
01/16/2023
Citi's Asia Wealth Unit Underperforms
This was driven in no small part by a slowdown in Asia where wealth management revenues fell 19 percent to $457 million in the quarter.
01/16/2023
Amundi, Europe’s largest money manager, sees China reopening setting off growth wave in Hong Kong and Asia, CEO says
This continent will be the one having the most important growth in the next decade,’ Valérie Baudson says in an exclusive interview
01/13/2023
JTC Shortlisted in the Citywealth 2023 Magic Circle Awards
For nearly twenty years, the Magic Circle Awards have been attracting the leading professionals from the top firms, recognising the achievements of the industry during the past year.
01/13/2023
Profit with Tatton’s unique model
The Wilmslow-headquartered asset manager has been quietly building a resilient business
01/13/2023
Public pension plans tilt toward alternatives
The move toward alternatives picked up pace in the aftermath of the 2008–09 Global Financial Crisis, which saw extreme market volatility.
01/13/2023
How Brian Stein, A Private Wealth Manager, Assists Clients in Navigating the Spectrum of Liquidity
With his triad of knowledge in real estate, accounting, and finance, Brian stands out from most financial advisors.
01/13/2023
Wealth managers most bullish on bonds since 2009
‘There is hope that 2023 will be a better year for investors’