03/12/2024
EAMs face challenges bringing private markets to the wealthy
From differentiating their product offerings to catering to their clients' profile, external asset managers face their fair share of hurdles.
Wealth and Asset Management
03/12/2024
VP Bank achieved 10 percent more profit than in the previous year and is on track with strategy implementation
It increased business income by 8.3 percent to CHF 364.4 million and achieved an annual profit of CHF 44.2 million, which corresponds to an increase of 10.1 percent.
03/12/2024
Philippines’ Metrobank selects Temenos to advance its wealth management business
Metrobank is implementing Temenos Wealth to improve operational efficiency, elevate the customer experience and support business growth from digital channels
03/12/2024
Schaffhauser Kantonalbank with pleasing annual results
The profit generated of 58.3 million francs is supported by positive developments in the interest business.
03/12/2024
Goldman Sachs seeks to expand private credit portfolio to $300 billion in five years
Of the $40 billion to $50 billion Goldman plans to raise for alternative investments this year, at least a third will be dedicated to financing private credit strategies, he said.
03/12/2024
Tidjane Thiam wants to become president with “God’s will”.
Thiam was elected leader of the Democratic Party of Ivory Coast (PDCI) last December.
03/12/2024
Columbia Threadneedle shuts two funds after multi-asset review
Two former BMO funds will be shut due to low assets as funds are consolidated following Rob Burdett’s departure.
03/12/2024
Evelyn Partners delivers record new business in resilient 2023 performance
Evelyn Partners employs 291 financial planners and 331 investment managers and has a market-leading position in offering such a ‘dual expert’ approach.
03/12/2024
The Swiss banking center is successful and stable
A competitive Swiss economy requires strong banks
03/11/2024
Envestnet Named Asset Management Platform of the Year in Wealth Solutions Report's Inaugural Wealth Exemplar Awards Program
Award Recognition Comes as Envestnet –the Industry's Leading Connected Wealth Management Platform – Celebrates 25 Years of Empowering Advisors to Deliver Holistic Financial Advice
03/11/2024
Elon Musk's Wealth Takes A $40 Billion Hit In 2024
The decrease in Musk’s wealth is primarily linked to Tesla‘s share price, which has seen a decline of nearly 29% in 2024.
03/11/2024
Inspiring inclusion in wealth management
In the US, women control more than a third of total household financial assets, over USD 10 trillion, while women in Asia are expected to hold USD 27 trillion in wealth by 2026.
03/11/2024
LGT reports strong growth and very high net asset inflows in 2023
In the 2023 financial year, financial markets were characterised by persistent geopolitical uncertainties, as well as inflationary and other economic trends that were difficult to forecast.
03/11/2024
Mapping Out This Year’s UHNW Hot Spots for Private Bankers
But the map holds out other international revelations for the cold-calling UHNW banker, even though they are more than likely a dying breed.
03/11/2024
Foreign bank packs the myth of Swiss banking into a mandate
German private customers are eligible for a minimum investment of 60,000 euros.
03/11/2024
Harris Associates still behind SJP, insisting partners must pay up
The St James’s Place investor sees bright spots for the UK’s largest advice firm despite its ongoing advice review.
03/11/2024
ANZ’s private bank joins crowded race for country’s richest families
Mr Dunlop said the bank was seeking to build trust with the younger generation, “so they actually see us in a different light”.
03/11/2024
Quilter partners with charities to help disadvantaged young adults in Southampton
The employability day was designed to give local young adults the skills required to step on to the employment ladder.
03/11/2024
Lombard Odier partners with the Van Buuren Museum & Gardens Foundation
The collaboration will include the organisation of events, workshops, conferences, visits and special functions, as well as the sharing of networks.
03/11/2024
Women in Wealth Management: Six Nations
Matilda Davison from Kingswood Group and Kate Howells from BRI Wealth Management shared their predictions for the England vs Ireland Six Nations game.