05/16/2024
Investors and wealth managers turn attentions to yields
Up to 74% expect allocations to fixed-income assets to rise over the same period, with 22% predicting a dramatic increase in allocations.
Wealth and Asset Management
05/16/2024
UBS asset management leadership gets a refresh
The unit is undergoing streamlining, cost reductions.
05/16/2024
IQ-EQ France supports Milleis Banque on its first retained securitisation transaction
Milleis Banque stands as the third-largest independent entity in French wealth management, catering to nearly 60,000 families and overseeing €13 billion of assets.
05/16/2024
SEB to open a Family Office Service Company and Representative Office in Switzerland
The bank is also seeking to open a representative office under the same roof.
05/16/2024
Wealth Manager Consolidation Intensifies in Pursuit of Capturing Client Walletshare
Wealth managers are increasingly focused on providing truly comprehensive wealth management, pursuing M&A to bolster capabilities and capture more of the value chain.
05/16/2024
Italian scheme hands over Credit Suisse AM’s mandate to Pictet, Fidelity
The moves was made with a view to structuring one single public tender for the management of the fund’s assets, and to support its strategic asset allocation project.
05/15/2024
DIFC fortifies position as preferred global hub for wealth and asset management firms
Total number of wealth and asset management firms surpasses 370 in the first quarter of 2024
05/15/2024
Best Middle East wealth managers 2024
Part of the Spear's Wealth Management Indices 2024
05/15/2024
GKB sells minority stake in Twelve Capital Holding AG
The investment manager will increasingly focus internationally in the future.
05/15/2024
Kaiser Partner Privatbank is increasing the pace
The assets under management increased from 5.3 billion francs in the previous year to 5.7 billion francs.
05/15/2024
BLKB strengthens the investment business
In order to further expand its market share in the indifferent business, BLKB will create the new Wealth Management division on October 1, 2024.
05/15/2024
DFMs face big challenge as real returns slump to 2016 levels
ARC finds that the typical client at a wealth manager would effectively have lost 15% of their wealth since a peak in 2021.
05/15/2024
ABN AMRO Bank posts net profit of EUR 674 million in Q1 2024
In the first quarter of 2024 we delivered a very strong performance, with a net profit of EUR 674 million.
05/15/2024
Private Bankers and Dealmakers in a Daring Role Reversal
This is currently evident between investment banking and private banking—two branches of banking with deep cultural divides and distinctly different archetypes.
05/14/2024
Colombo Wealth: Takeover and new investment boss
The focus is on customers in the Greek market
05/14/2024
Hargreaves Lansdown launches model portfolios using BlackRock’s passive funds
The investment platform is rolling out a range of passively-managed multi-asset solutions in response to the rising popularity of cheap trackers.
05/14/2024
Nomura aims to nearly double profit over 7 years with focus on wealth management
The business is seen as more stable than trading which is closely tied to the ups and downs of markets.
05/14/2024
Evelyn Partners trading update for the three months ended 31 March 2024
Group operating income in Q1 increased 9.5% to £178.0 million (Q1 2023: £162.5 million) with growth across all three business segments.
05/14/2024
J Safra Sarasin launches private markets advisory arm
Private banking group recruits trio of senior bankers to lead new initiative.
05/14/2024
Seven J.P. Morgan Advisors and 10 Teams Named Barron’s Top 100 Financial Advisors and Top Private Wealth Management Teams
These rankings are two of the most selective in the industry