09/16/2021
Julius Baer Group Ltd. places USD Perpetual Tier 1 Subordinated Bonds
The transaction will help to optimise Julius Baer Group’s capital structure and add flexibility.
Wealth and Asset Management
09/16/2021
Vontobel launches EM corporate bond fund
It has a fixed term of five years and aims to get an average investment grade rating and target yield to maturity of 4.7%.
09/15/2021
NorthCoast Asset Management to Join Focus Partner Firm Connectus Wealth Advisers, Further Expanding Connectus' U.S. Footprint
Connectus is the ideal strategic partner with a strong cultural fit who would preserve the independence of our investment process and provide strategic support.
09/15/2021
DBS: Wealth Management Connect is a win-win for all parties
The launch of the Wealth Management Connect scheme is important for the region’s development to encourage capital flows and investments among the 11 cities and turn them into an economic powerhouse.
09/15/2021
David Booth’s Dimensional Flips $8 Billion of Assets Into ETFs
Dimensional in June became only the second U.S. issuer to pull off a conversion, transforming $29 billion worth of mutual funds into ETFs in an industry record.
09/15/2021
Asset Management: UBS and CS are the elephants in the room
The nervous laughter of the assembled fund professionals echoed at him from the hall.
09/15/2021
Standard Chartered eyes threefold increase in wealth management revenues from Greater Bay Area
Bank says its has applied to the Hong Kong regulators to launch wealth products, some of which will invest in new economy and new energy sectors
09/15/2021
Rahim Daya: "Switzerland is the preferred destination for global money"
Switzerland is not just a good place to manage wealth.
09/15/2021
Pictet's thematic private equity fund draws $350m
The Pictet Thematic Private Equity – Technology fund exceeded its initial target of $300m, signalling demand for private market tech investments.
09/15/2021
Shift from third-party products not “dramatic” says TD wealth head
TD is one of several banks that is focusing on its own products and ending third-party offerings
09/15/2021
Charles Stanley targets ‘post-Google/pre-planning’ clients
DIYers who want to find out more but are hesitant about paying a fee for a full financial plan
09/15/2021
The Latest Estate and Succession Planning Trends in Europe
An individual’s ability to determine to whom their assets pass upon their death will depend upon the laws of the relevant jurisdictions and in turn, may have international estate tax implications.
09/14/2021
Syz Posts Slim Profit
The Genevan wealth manager closed out the first half with a meager profit – but some of its problems persist.
09/14/2021
J.P. Morgan Wealth Management Eliminates Upfront Fee on 529 Plans
Industry-leading commitment makes education investing more accessible
09/14/2021
Zurich WM gets Finma licence,
Crossinvest Zurich was founded in 2020 when the Crossinvest Group decided to expand into German-speaking Switzerland.
09/14/2021
Geneva wealth manager rebrands
In April, the firm appointed a new COO to lead its digital transformation.
09/14/2021
UBS’s Naratil Doesn’t Rule Out M&A to Grow U.S. Wealth Biz
Naratil said UBS may have historically missed out on around 500 basis points in pre-tax profit margin because of its smaller size, but the productivity gains it has made recently have narrowed that gap to about 300.
09/14/2021
CI Financial aquires Silicon Valley wealth management firm
It has developed substantial expertise at the intersection of investments and tax, wealth transfer, estate and charitable planning.
09/14/2021
Japan’s structural reform to benefit investors
There are now more varieties of activist investors, including the old school “asset stripper” (greenmailer), entities focusing on constructive engagement and others that take a more hands-on approach.
09/13/2021
Tilney Smith & Williamson sets out 'statement of purpose'
To deliver its purpose, Tilney Smith & Williamson has set out three core values that it is committed to embedding in the culture of the business.