07/21/2023
Liontrust: We will not raise our GAM offer
The fund firm is refusing to bow to pressure and raise its offer for GAM, saying the due diligence it has conducted over many months proves the £96m price is fair.
Wealth and Asset Management
07/21/2023
Indosuez Wealth Management first international private bank certified Great Place to Work in 2023 in Spain
This certification is in line with the Human Project component of Ambitions 2025
07/21/2023
Close tight-lipped over possible wealth sale in trading update
Close Brothers said it was ‘focusing on disciplined growth, cost efficiency and capital optimisation’ but did not address speculation it was considering a sale of its wealth arm.
07/21/2023
Hong Kong, mainland China regulators agree to enhance wealth management and bond connect schemes during 3-day Beijing visit, HKMA CEO says
Mainland officials support the strengthening of Hong Kong’s international financial centre status: chairman of industry body HKAB
07/21/2023
Investors are bullish but expect continued market volatility, says Morgan Stanley
Investor sentiment is rising along with expectation of the Fed navigating a soft landing.
07/21/2023
UBP's Results Reflect Wait-And-See Client Mindset
Net profit was 110.8 million compared with 112.6 million a year before, a 1.6 percent decline.
07/21/2023
Exponential Client Growth Will Continue To Accelerate, Say Wealth Managers And Financial Advisors
As the number of clients personally serviced by wealth managers and financial advisors continues to grow, advancements in technology are expected to play a major role in this trend.
07/20/2023
UBS's $5 Trillion Ambition Already Looks Dated
Speaking at its mid-year conference, the CEO said that in 14 years, reaching $20 trillion of client assets under management is achievable.
07/20/2023
Nomura launches international wealth management business in Dubai, opens new premises in DIFC
Nomura has obtained a Category 4 licence from the Dubai Financial Services Authority (DFSA) to expand the scope of its International Wealth Management business
07/20/2023
Leonteq's First Half Net Profit Hit by Lower Volatility
Trading income fell 90 percent to 17.8 million in the first half, and net fee income increased 7 percent to 123.9 million, resulting in an operating income of 147.1 million, half of what it was a year ago.
07/20/2023
Benchmark adds £755 million with agreement to acquire Unique Financial Planning
Unique will continue to operate independently, but with further support from Benchmark’s technology and training and development, alongside additional group resources across marketing, finance, people management and compliance services.
07/20/2023
Farrer & Co once again recognised in Chambers High Net Worth Guide
The rankings are based on client feedback and in-depth analysis of the best law firms and lawyers in the UK and London.
07/20/2023
Oberon Investments acquires Nexus EIS Fund to expand its portfolio
The deal will be paid for by issuing 7.5m new ordinary shares in Oberon and is expected to boost Oberon’s profit before tax.
07/20/2023
Rathbone Funds Now Live on Charles River IMS® and State Street Alpha® Data Platform
The combination of Charles River IMS and ADP empowers their business with faster insights, increased operational efficiency, and greater collaboration across investment teams.
07/19/2023
SG Kleinwort Hambros establishes new client lifecycle team
A new Client Lifecycle Team has been established by SG Kleinwort Hambros (SGKH) and Was Chaudry has been named as the team's head.
07/19/2023
The best precious metals advisers for high-net-worth individuals in 2023
Welcome to the Spear’s ranking of the best precious metals advisers for high-net-worth-individuals in the UK
07/19/2023
Brown Brothers Harriman Private Banking Team Continues Growth in Philadelphia
These hires reflect the firm's deep commitment to Philadelphia and the mid-Atlantic region, its private business owners, and local endowments, foundations, and non-profit institutions.
07/19/2023
StanChart's Marc Van de Walle on the bank’s regional ambitions
The bank’s global head of wealth management sets out the case for a fully-converged digital platform across segments and geographies.
07/19/2023
Citi Wealth says look beyond tech to ‘compelling’ financials
Tech stock valuations leave little margin for error in the upcoming reporting season, whereas banks are only trading at book value despite an improving backdrop, says Citi Global Wealth chief investment officer David Bailin.
07/19/2023
REYL Intesa Sanpaolo wins two WealthBriefing WealthForGood awards, including “Best Bank for Philanthropy Offering”
The WealthBriefing WealthForGood Awards distinguish the top players in the global wealth management industry.