03/24/2023
Tactical US equity themes: 4 key opportunities
This month, the UBS Chief Investment Office (CIO) reiterates their conviction in four key themes: Reopening China, Time for quality, Resilient spending, and Pricing power standouts.
Wealth and Asset Management
03/24/2023
Onex and RBC Wealth Management Canada Announce Agreement to Move Gluskin Sheff Advisor Teams to RBC, Expand Distribution of Onex Products
The parties will comply with all regulatory requirements that are necessary to further this arrangement.
03/24/2023
Sanlam and Premier Miton buy the CoCos dip
Sanlam's Peter Doherty sees an opportunity in the sector following the write-down of $17bn in Credit Suisse AT1 bonds, along with Premier Miton’s Neil Birrell.
03/23/2023
Private bank eyes growth in UK external asset management market
Company says it has a ‘valuable’ proposition for the sector
03/23/2023
John Mack's Advance Praise for UBS Chairman Kelleher
He certainly managed to do that at Morgan Stanley, taking it from a 300-strong equity and bond house exclusively for a blue-chip clientele to an international financial institution with 50,000 staff.
03/23/2023
J. Stern & Co. Expands in North America
The firm’s investment approach is based on deep, fundamental in-house research and active engagement with the management teams of its high-quality investee companies.
03/23/2023
Announcement of tender offer of certain UBS Group AG senior unsecured bail-in notes
UBS Group AG (the “Issuer”) invites the holders of the EUR 1.5bn 4.625% fixed rate notes due March 2028
03/23/2023
Leonteq updates ahead of its Annual General Meeting
The proposal requires a two thirds majority of the shareholder votes present or represented at the general meeting and it is therefore unlikely that this resolution will be approved.
03/23/2023
‘No read across here’: UK bank investors downplay doubts as sector bounces
UK banks have seen their share prices recover from a slump in the wake of the UBS takeover of Credit Suisse, but the longer-term outlook for the sector remains in question.
03/23/2023
Financial statements of Credit Suisse Real Estate Fund International as of December 31, 2022
In the current 2023 financial year, the goal is to convert the fund into a NAV-based product.
03/23/2023
Julius Baer Announces Six Winners from Asia for the Next Generation Art Prize 2023
The Winners each win USD10,000 and a place in an exclusive three-month Art and Technology Accelerator programme led by non-profit organisation The MeshMinds Foundation.
03/23/2023
Julius Baer CEO Says Balance Sheet Is Rock Solid, Highly Liquid
A representative for Julius Baer didn’t immediately respond to a request for comment after regular business hours in Zurich.
03/23/2023
Quintet announces positive 2022 financial results
Total group income rose to €524 million in 2022, up 14% compared to €460.8 million in 2021.
03/23/2023
Credit Suisse liquidity loans ‘not a gift’, says SNB
The central bank's chair said measures it took alongside the federal government and Finma had halted a crisis.
03/23/2023
J.P. Morgan Wealth PlanTM Named ‘Best Personal Finance Product’
Wealth Plan recognized by FinTech Breakthrough Awards for helping people make smarter money decisions
03/22/2023
Why Blackrock didn't get a chance at CS
The American asset manager brought himself into play in the poker game involving the struggling Credit Suisse.
03/22/2023
US hedge fund quietly builds GAM exposure
Connecticut-based group becomes third largest holder of Swiss group’s outstanding shares.
03/22/2023
Wren Sterling Completes Acquisitions in Scotland and West Midlands and gains 860 Clients
The two transactions add to the three deals already completed since the start of 2022.
03/22/2023
IHT receipts show fresh year-on-year rise
There were no significant changes to the IHT charging regime in last week’s Budget, but the overall silence in this area shouldn’t be taken that the IHT pain on families is being eased.
03/22/2023
Ex-Abrdn advice boss launches firm under Sandringham umbrella
Neil Messenger will lead Professional Independent Wealth Advice as chief executive, after spending two years as advice director at Abrdn Financial Planning.