01/17/2024
Rathbones takes £300m hit from Investec W&I exits
Following its fourth-quarter trading update, Rathbones says things are now settling down as the firm starts integrating Investec Wealth & Investment.
Wealth and Asset Management
01/16/2024
Goldman Sachs Doubles Down on Efforts to Attract Super-Rich
The report said that the bank’s revenue from private banking and lending to wealthy clients rose 12%
01/16/2024
UBS Against Wall Street: The Race for Market Cap
The increase in value over the past few months means that UBS is now trading at a price-to-book ratio of 1.1. Morgan Stanley
01/16/2024
Traditional Geneva house attracts fund managers from CS
The departures include Valentin Petrescou , currently head of global fixed income strategies at Credit Suisse
01/16/2024
WRISE Group Announces Strategic Senior Appointments
Ranjiv Raman & Agnes Goh to lead Discretionary Solutions and Family Advisory & Institutional Wealth
01/16/2024
'Private equity puts management's toes to the fire'
Cook has plenty of experience with private investors, having been a board director at Thesis Asset Management when private equity was brought in.
01/16/2024
Ardevora to stop managing money for external investors
Capital will be returned to all clients
01/16/2024
LGT: It’s risky to be underweight China
Chinese assets are susceptible to a sharp rebound on the back of any positive news flow, according to the bank’s investment strategist.
01/16/2024
Four Trends That Will Shape the Wealth Management Sector in 2024
As firms navigate the post-pandemic era with highly connected clients, digital readiness will be a critical focus area in shaping the path forward in 2024.
01/16/2024
Royal London expands £2bn multi-asset range following IFA demand
The asset manager is boosting its GMAP range with a mid-risk portfolio on the back of adviser feedback.
01/16/2024
Ninety One addresses shareholder dissidents from AGM
Concerns over ‘dilution of rights’
01/16/2024
Hungary’s Private Banking Sector Flourishes in 2023
On the other hand, entry limits for new clients remained largely unchanged, barring a few specific institutions that made slight adjustments.
01/16/2024
Mercier Vanderlinden and Van Lanschot Belgium to continue as Mercier Van Lanschot
New combine a top private banking player in Belgium
01/16/2024
Coutts: 2023 Year in Review
Investment Outlook 2024
01/15/2024
The Main Thing Sergio Ermotti Learnt from Ulrich Koerner
The World Economic Forum (WEF) starts in Davos today and the UBS leadership team will be there in force.
01/15/2024
Citi to cut 20,000 jobs in Fraser's turnaround drive
The Wall Street bank said the move will cut costs by $2.5bn by 2026 as it posted a $1.8bn loss in the fourth quarter, its worst results in 14 years.
01/15/2024
Rockefeller Global Family Office Expands Northern Division with the Addition of Axiom Wealth Partners of Grand Rapids, MI
Axiom Wealth Partners is led by Managing Directors and Private Advisors Jeffrey Towner, David Lund, Brett Howell, and Craig Sharp.
01/15/2024
Former Vontobel star is now focusing on the Middle East
What convinced him about the region were the business-friendly approaches of the local governments and their plans to break away from their dependence on oil.
01/15/2024
Mattioli Woods joins forces with T Rowe for income model portfolio
The firms see an ‘exciting opportunity set’ on offer in income-producing assets following a prolonged period of low interest rates and yields.
01/15/2024
Schroders launches multi-asset Article 8 fund with ILS component & HSBC reach
The idea is to deliver “an attractive and resilient income stream” through investments into a diversified portfolio of assets, including alternative asset classes.