06/12/2024
Capturing wallet share: Delivering on the UHNWI top 10 list
This expectation is generating significant opportunities for banks because family offices most often serve as an orchestrator, coordinating services for the UHNWI.
Wealth and Asset Management
06/12/2024
DBS eyes S$500 billion in wealth assets by 2026, top executive says
DBS is also aiming to double the number of wealthy clients with assets worth at least S$1 million and above by end 2026
06/12/2024
Merger of Swiss units of UBS and Credit Suisse could happen by July
The merger would initially mainly affect employees, who would then already be able to work together internally, Sabine Keller-Busse told the Neue Zürcher Zeitung newspaper on Tuesda
06/12/2024
Altrata Report Reveals $31 Trillion in Generational Wealth Transfers by 2033
More than a quarter of world's wealthy worth $5m+ will pass on their fortunes in the next 10 years. Gen X as the primary beneficiaries.
06/12/2024
“Forget unrestricted market access to Europe”
The Geneva private bank UBP has hired 150 wealth managers in the past year, half of them in Switzerland.
06/12/2024
Structured products: a strategic solution
The market is currently dominated by products that aim to optimise returns.
06/11/2024
UBS Wealth Management International Adds Déa Caldas in New York
Originally from Brazil, Caldas worked at Citibank and Banco Santander in Rio de Janeiro.
06/11/2024
Insigneo celebrates expansion with Laredo branch
The establishment of this branch comes after the firm announced last year
06/11/2024
HSBC completes the acquisition of Citi’s retail wealth management portfolio in mainland China
HSBC has one of the largest wealth service networks of foreign banks in mainland China
06/11/2024
Columbia Threadneedle partners with UBS for Japan equities fund launch
The fund, made available exclusively to UBS clients until the end of August, ‘fits well into what the shelf is missing’, said Columbia Threadneedle’s Mark Chan.
06/11/2024
WealthSelect adds two new funds to Sustainable range
The Alliance Bernstein Global Sustainable Equity Fund was introduced following a search to find a manager to complement the existing holdings within the global multi thematic allocation.
06/11/2024
From and within the US, the equities rally has ‘finally expanded’: Indosuez Wealth Management
Europe’s first-quarter earnings season, now drawing to a close, was better than expected, says Corrieras.
06/11/2024
SocGen struggles to strike deal for custody unit, sources say
U.S. bank State Street opens new tab, one of the world's largest asset custodians after market leader BNY Mellon, has been in talks to buy SGSS but the discussions have stalled
06/11/2024
BNP Paribas Fortis: the most complicated environment yet
The current market was "the most complicated environment I have ever seen in terms of economics".
06/10/2024
StanChart launches SG fund structure for wealth clients
The bank has set up its first variable capital company fund umbrella in Singapore and will use this to launch a series of funds initially only available to high net worth clients.
06/10/2024
EAM Wrise targets 200 RM hires across Hong Kong and Dubai
The external asset manager founded by former Bank of Singapore aims to continue its hiring spree, with the majority set to be recruited for its new mass affluent service, Wrise Prestige.
06/10/2024
Secrets For Wealth Reveals Expert Tips on Selecting the Trustworthy Wealth Management Firm for Financial Goals
The team at Secrets for Wealth comprises experienced investment professionals with a wealth of knowledge and expertise.
06/10/2024
Edmond de Rothschild REIM completes build-to-rent development in Nottingham for its Residential Investment Platform
The development is managed and operated by Edmond de Rothschild REIM’s in-house private rental sector platform and builds on the success of Saffron Court, its first development in Nottingham.
06/10/2024
Swiss sustainability-related investments see slight growth
Many market participants have refined their methods to measure sustainability-related investments and no longer report investments that only use exclusions or ESG integration as a sustainable investment approach
06/10/2024
J.P. Morgan Private Bank releases 2024 Mid-Year Outlook
To navigate the global economic and investment landscape, J.P. Morgan Private Bank's 2024 Mid-Year Investments Outlook highlights five important themes.