12/19/2022
Royal Bank of Canada to delist from Six Exchange
The bank said that only a limited volume of its shares are traded on the Swiss exchange.
Wealth and Asset Management
12/19/2022
UniCredit, Azimut partner to distribute asset management solutions in Italy
The Italian bank, through this deal, will also look to distribute its banking solutions to Azimut.
12/19/2022
UBS Wealth issues blockchain digital debt to HNWI in Asia
This follows last month’s $370 million blockchain bond issuance on the SIX Digital Exchange.
12/16/2022
Responsability to launch two impact strategies for giant UK asset manager
M&G, which recently purchased Responsability, has committed CHF225.7m to the strategies
12/16/2022
Generational wealth explained: What it is and how experts say you can work to build and protect it
Figures from Gobankingrates show that 70% of wealthy families lose their wealth by the next generation, with 90% losing it the generation after that.
12/16/2022
Five asset managers launch Asia protein transition platform
The institutional investors, which run a combined $3tn, will work with investor engagement firm Asia Research & Engagement to establish a series of targets encouraging a transition to greater use of meat alternatives by 2030.
12/16/2022
WH Ireland Group Interim Results for the Six Months ended 30 September 2022
Administrative expenses reduced by £2.2m year on year
12/16/2022
UBS Launches Tokenized Bonds for APAC Wealth Clients
The latest issuance is expected to serve as a foundation for further tokenization efforts in APAC where there is rising demand in the region for fixed income investments that can be transacted using blockchain.
12/16/2022
WH Ireland feels the impact of challenging market conditions
The Wealth Management division saw total assets under management fall to £2.1bn, down from £2.4bn in H1 2021.
12/16/2022
Asset manager: Changing the custodian bank becomes an option
The associated structural change also has an impact on the downstream stages of the value chain.
12/16/2022
Three peculiarities of 2022 – a year in review
Central banks are having their final word for 2022 this week, but for now, we will provide a year-end review.
12/16/2022
Kingswood Holdings buys Berkshire practice for up to £6.2m
This would see £3.1m paid on completion and the balance paid on a deferred basis, which is subject to the achievement of pre-agreed performance targets.
12/16/2022
Millennials’ average net worth: How the nation’s largest working generation stacks up against the rest
According to the Federal Reserve’s 2019 Survey of Consumer Finances, millennials have an average net worth between roughly $76,000 and $436,000.
12/16/2022
'Giving back was always a core part of SJP'
"What we often do with many of our charities is provide volunteer support, or we have people mentoring the charity leaders, or just giving time.
12/15/2022
IQ-EQ wins two awards at 2022 WealthBriefing Channel Islands Awards
The WealthBriefing Channel Islands Awards, new for 2022, are part of a global programme run by WealthBriefing and its sister publications WealthBriefingAsia and Family Wealth Report, encompassing all of the world’s major wealth management centres.
12/15/2022
Fairstone, Kingswood and Perspective all announce new deals
The deal further expands Fairstone’s nationwide coverage and takes total FUM under the group’s umbrella to more than £13bn.
12/15/2022
Fairstone adds £200mn FUM with Devon-based IFA purchase
As part of the deal, nine advisers and staff will join Fairstone Group as well as more than 800 clients.
12/15/2022
Chinese bank wealth units seek to smooth performance amid redemptions
Risk-averse investors have shifted money out of such products, even as asset managers urge them to hang on, as the products may recover from their current losses.
12/15/2022
Swiss National Bank tightens monetary policy further and raises SNB policy rate to 1.0%
Sight deposits above this threshold will be remunerated at an interest rate of 0.5%, and thus still at a discount of 0.5 percentage points relative to the SNB policy rate.
12/15/2022
GAM Wins IMPACT Awards for its Climate bond strategy
The award was presented by Environmental Finance, which recognises the work of impact investors