02/28/2024
Apollo looks to credit and wealth to grow third-party fundraising
Jim Zelter, Apollo's co-president, spoke Monday at the UBS Financial Services Conference about opportunities in the wealth channel.
Wealth and Asset Management
02/28/2024
SJP sets aside £426mn for potential ongoing advice refunds
Following this discovery, SJP has made a provision for potential client refunds to address this.
02/28/2024
Advisers say digital wealth managers pushing them into retirement
Researchers working for Investec Wealth & Investment quizzed 100 IFAs and financial planners
02/28/2024
Cetera and Wealth Access launch joint venture
A partnership between Cetera and Wealth Access unites digital banking, trust, and brokerage.
02/28/2024
LLB Switzerland with the best result in its history
LLB Switzerland closed the 2023 financial year with a profit of CHF 33.8 million
02/28/2024
Chairman of the Board of Directors of Glarner Kantonalbank has died
Martin Leutenegger has been Chairman of the Board of Directors of Glarner Kantonalbank since 2008.
02/28/2024
Zurich IAM launches gold arbitrage strategy
Calliopa Capital partners with CAT Financial Products and precious metals investment house Goldstream Global to launch the actively managed certificate.
02/28/2024
Private investors and wealth managers becoming keener on investment trusts again
216 investors quizzed for the annual UK Investment Trust Study.
02/27/2024
How to avoid FCA's crackdown on wealth management non-compliance
In a wealth management data survey, the FCA asks a number of questions
02/27/2024
Enhancing Client Satisfaction through digitalization: the vital mandate for wealth management institutions
These factors have opened opportunities for alternatives to current wealth management providers.
02/27/2024
Citibank Singapore Opens Two New Wealth Centres
New locations in One Holland Village and Parkway Parade ready to serve clients closer to their homes and complement main Orchard hub
02/27/2024
Abrdn reveals a fifth of advice jobs cut and 50% write-down
Asset manager merges Abrdn Financial Planning, whose value almost halved in 2023, with Interactive Investor.
02/27/2024
Former Octopus Investments duo launch own advice firm
While at Octopus, Wood ran London City, managing a team of 11, while Payne looked after distribution in the South East of England.
02/27/2024
Bellevue reports market-driven decrease of net profit
Although the global financial markets were remarkably positive, Bellevue’s key market in the healthcare sector generated once again a below-average market performance.
02/27/2024
EQT raises €22bn for PE flagship boosted by private wealth interest
The 10th iteration of the firm’s private equity fund managed to raise 40% more capital than its predecessor.
02/27/2024
Abrdn CEO defends turnaround plan: ‘Headwinds have been stronger than I anticipated’
Bird, who dubbed himself the 'reset guy' when he became Abrdn CEO in 2020, said the asset manager was better diversified than it was three years ago
02/27/2024
Personalized Financial Outreach Wins More Clients, per Broadridge
The company’s general manager, Kevin Darlington, explains how personalized messages—sometimes aided by AI—produce proven results for investor engagement.
02/26/2024
Nikko AM wins 'Top ETF Issuer 2023' award from SGX
The firm has been launching ETF solutions that have long-term relevance for a broad base of investors.
02/26/2024
Wintrust Financial Corporation and LPL Financial Announce Strategic Relationship
Wintrust Plans to Transition Two of its Wealth Management Businesses to LPL’s Institution Services Platform.
02/26/2024
Octopus duo set up firm through M&G Wealth academy
Octopus Investments sales managers Tom Wood and Joe Payne have retrained as advisers and formed Fortify Wealth under the M&G academy.