12/14/2022
Conversion of Credit Suisse Real Estate Fund International into an NAV-based product under review
The fund management company plans to convert the CS REF International into an NAV-based product to accommodate existing client needs.
Wealth and Asset Management
12/14/2022
Swiss economy: Swiss interest bonus is back to stay
Credit Suisse economists are forecasting that Swiss GDP will still grow by 1.0% next year, following a 2.0% increase in 2022.
12/14/2022
China’s zero-Covid retreat sparks wealth management product sell-off
Vicious circle as fund managers are forced to sell holdings to satisfy wave of redemptions
12/14/2022
Barclays Private Bank opens temporary Verbier office for ski season
Barclays Private Bank has been operating in Switzerland since 1986.
12/14/2022
Inflation eases to 10.7%: What this means for your personal finances
The Consumer Prices Index (CPI) rose by 10.7% in the 12 months to November 2022, down from 11.1% in October
12/14/2022
UBS advisor team Legacy Wealth Management named to the Forbes America’s Top Wealth Management Teams list
Legacy Wealth Management includes Financial Advisors Gerald DeMeo, Matthew Kroin, Brian Lacks and Paul Wexler.
12/14/2022
AKB: New president despite background noise
Bobst has been on the AKB supervisory board since the end of 2020; the fact that he can now move up for Egloff caused discord in advance.
12/14/2022
First Swiss viager fund launched after four-year wait for Finma
The fund will invest in Swiss houses and apartments and has a partnership with MoneyPark.
12/14/2022
Unintended inefficiencies hinder scalable growth
'Inherent business inefficiencies'
12/14/2022
Wealth management firm expands Midlands footprint with latest acquisition
The firm has a team of 17, comprising advisors, planners, researchers and support staff.
12/13/2022
Benchmark takes stake in Oculus Wealth Management
Oculus will continue to operate independently but with further support from Benchmark for the existing management team.
12/13/2022
Nomura to Open Branch in Dubai for International Wealth Management
The establishment of the DIFC branch is a key initiative to further expand its client franchise and the footprint of its relationship managers.
12/13/2022
BlackRock — the world’s largest asset manager — says central banks are 'deliberately' causing recessions
In fact, the strategists believe that central banks are “deliberately causing recessions by overtightening policy” in an effort to bring price levels under control.
12/13/2022
Dalma Capital Group Acquires The Global CIO Office: Creates Full Service Integrated Platform for Funds, Investment Banking and Wealth Advisory
Investment industry leader Gary Dugan named Chief Investment Officer of Dalma Capital
12/13/2022
BNP Paribas strengthens private assets capability
Private Assets will pursue ambitious goals of fundraising from third party clients, from major institutional investors to individual investors, supported by the Bank’s various distribution networks as well as its partners.
12/13/2022
HSBC private bank CIO bets on China for 2023
Willem Sels, global chief investment officer for HSBC Global Private Banking and Wealth, is diving into Chinese equities despite a mixed economic outlook.
12/13/2022
Hampden & Co cashes in on Adam exodus
The bank has onboarded about 50 former Adam clients and expects hundreds more to transfer in 2023 due to an agreement with Canaccord Genuity.
12/13/2022
Swedish wealth management firm selects Bricknode to consolidate investment operations
The Client chose Bricknode's digital investment platform to automate and administer its daily operations including accounts, transactions and order management.
12/13/2022
Wealth management firm agrees City Quays 3 deal
The team based in Belfast has a wide-ranging skillset and extensive experience in financial planning and investment management.
12/13/2022
RBC Wealth Management look to defensive European equities in 2023
Overall, RBC said they were underweight European equities but suggested a discount to US stocks and low valuations have already accounted for a European recession.