12/13/2023
Wealth Management’s Generative AI Era
The current wave of innovation fueled by Generative AI capabilities has left no stone unturned at Prometeia.
Wealth and Asset Management
12/13/2023
Pictet Asset Management launches Investing in the Future University Competition 2023 in Asia
PAM manages 17 thematic equity strategies, with USD 63 billion in assets under management as of 30 September 2023.
12/13/2023
Triple win for Schroders at Citywire Gender Diversity Awards
The winners were selected by a panel of judges who evaluated company-wide gender diversity practices and how companies incorporate gender issues into their investment decisions.
12/13/2023
‘We have to relearn’ bond investing – Oddo Switzerland DACH chief
Christoph Geiseler said change in interest rates and fund manager’s inactivity in bonds over the past decade means a thorough brushing-up is in order.
12/13/2023
Close Brothers AM buys Dorset-based IFA adding £220m in assets
The wealth manager’s purchase of Bottriell Adams is subject to approval
12/13/2023
What asset management M&A means for private bank chiefs
Super Allocators expect consolidation to continue apace, but will this restrict the availability of new ideas?
12/12/2023
UBS expands Wealth Management capabilities in Arizona, unveils new offices in Phoenix and Scottsdale
Seven financial advisors in the region completed advanced training and received industry certifications to support business owners and UHNW investors
12/12/2023
Why Julius Baer shares are falling and falling
The downward pressure is surprising, given that there has been no bad news for more than a week.
12/12/2023
FCA tells platforms to stop ‘double dipping’ on cash; HL and AJ Bell shares sink
Platforms and Sipp operators must stop retaining interest on clients’ cash holdings by the end of February if they also charge a platform fee on that cash.
12/12/2023
Atria Wealth Solutions Welcomes $350 Million Team from Osaic
OPOC.US Joins Atria's Cadaret Grant for Award-Winning Technology and Advisor-Centric Culture
12/12/2023
Schroders Group financial planner buys IFA firm
The firm will fully align with Benchmark over the next twelve months
12/12/2023
UK wealth manager makes two acquisitions
Including the client base of retired IFA
12/12/2023
High-net-worth individuals and families have worrying gaps in their financial security
New report shows lack of protection for possessions, data and reputation
12/11/2023
Harlan Partners Joins Crescent Wealth Management as an Affiliate Partner
This partnership brings an expanded scope of services in the financial and insurance industry, allowing the managing partners of Harlan to offer more sophisticated solutions to their clients.
12/11/2023
Macquarie private bankers pop up at rival
Shaws has been on a tear this year, picking off almost 20 Morgan Stanley Wealth Management Australia advisers last month who together oversee some $3 billion in total assets.
12/11/2023
Coutts banker wins prestigious Banker of the Year Award
Alison Graham won the ‘Banker of the Year’ at the Women in Finance UK Awards 2023
12/11/2023
Ex-GAM bidder Liontrust hit by downward spiral
This is after they have lost more than half of their value over the course of the year.
12/11/2023
M&G With Profits fund pours $20m into crypto platform
M&G’s flagship fund invests in GFO-X, the UK’s first regulated bitcoin derivatives exchange, on signs the crypto regulatory landscape has matured.
12/11/2023
Lucerne boutique outsources portfolio management to focus on engagement
CSR Beratungsgesellschaft will take over the portfolio management of Ethius Invest’s fund, as the two sustainable investment specialists launch a partnership.
12/11/2023
Julius Baer scoops two Channel awards
The annual awards are focused on the wealth management industry, and winners are selected by a distinguished panel of independent judges for performance, innovation, and excellence.