07/24/2023
In addition, with GAM having entered into definitive agreements to sell the third-party FMS businesses in Luxembourg and Switzerland to Carne Group, Liontrust has waived the FMS Exit Condition.
07/24/2023
The new strategy will assume the structure of the existing sustainable approach, Citywire Selector has learned.
07/24/2023
Inflationary growth of asset values coupled with frozen allowances* are helping ensure that, as things stand, IHT receipts continue to be a lucrative earner for the Treasury.
07/24/2023
The move comes after the private bank saw a surge in first-half inflows to CHF7bn following the merger of two of its biggest rivals, Credit Suisse and UBS.
07/24/2023
The requirement for GAM’s fund management services unit to be sold before the takeover deal can go through has been waived.
07/24/2023
Head of smaller companies Abby Glennie shares the biggest changes she has made to the Abrdn funds that she took over when Harry Nimmo retired at the end of 2022.
07/21/2023
Move towards global and multi-manager approach
07/21/2023
Private banks are hiring as fast as they can and expanding their repertoire in Shariah-compliant asset classes.
07/21/2023
WBD is recognised in London, Bristol, Yorkshire, the North East and Scotland.
07/21/2023
The firm continues to be ranked as Band 1 for its trusts and private wealth practices in Bermuda, Guernsey and Jersey, and Band 2 in the Cayman Islands.
07/21/2023
Revenues amounted to CHF 616.4 million in the first half of the year, representing a slight decrease (-0.7%) compared to CHF 620.9 million in the first half of 2022.
07/21/2023
In a challenging market environment, dominated by inflation and rising interest rates, SIX achieved a good result for the first half of the year.
07/21/2023
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.
07/21/2023
This certification is in line with the Human Project component of Ambitions 2025
07/21/2023
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
Mainland officials support the strengthening of Hong Kong’s international financial centre status: chairman of industry body HKAB
07/21/2023
Investor sentiment is rising along with expectation of the Fed navigating a soft landing.
07/21/2023
Net profit was 110.8 million compared with 112.6 million a year before, a 1.6 percent decline.
07/21/2023
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
Speaking at its mid-year conference, the CEO said that in 14 years, reaching $20 trillion of client assets under management is achievable.