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Wealth and Asset Management

09/15/2023

Royal London Asset Management to limit access to Global Equity Select strategy

Royal London believes this decision is in the best interest of its clients, ensuring that the strategy and its portfolio managers can continue to access all parts of the global equity market.

09/15/2023

Gresham House sets eyes on long-term ambitions as profits climb

AUM up by 5% to £8.3bn

09/15/2023

T. Rowe Price Group Reports Preliminary Month-End Assets Under Management for August 2023

Preliminary net outflows for August 2023 were $7.8 billion, including a redemption from a subadvisory client.

09/15/2023

Bridgewater Associates leads in attracting high-net-worth Chinese investors

The firm's strategy and performance have evidently resonated with wealthy Chinese investors, contributing to its rapid growth in this segment.

09/15/2023

UBS Invites Top Clients to Credit Suisse for Singapore Formula 1

Although the majority of them aren't Swiss, they identified with the company founded by Swiss entrepreneur Alfred Escher, which for decades stood for Swiss virtues like stability, security, quality, and reliability.

09/15/2023

Chartered Asset Management picks Northern Trust for custody services

The programme allowed fund managers to constitute their investment funds as VCCs.

09/15/2023

UBS CEO committed to staying at the helm through 2026

The biggest bank merger since the global financial crisis was hastily arranged in March by the Swiss government to avert Credit Suisse's collapse.

09/15/2023

Cayman Islands to open Singapore office to lure Asia’s wealthy

Caribbean territory lays out ‘red carpet’ to attract hedge funds and family offices from region

09/15/2023

'Swiss authorities are playing catch-up on financial crime reforms'

They also seek to shift the responsibility for that task onto the shoulders of the private sector, which will be under new duties to flag risks and bolster scrutiny of legal structures.

09/14/2023

We’re not expecting a crash or a global recession

Union Bancaire Privée has acquired an asset management business in Japan

09/14/2023

European wealth manager invests in three UK advice firms

Company says it is ‘not in the business of buying and consolidating’

09/14/2023

Swiss Prime Site Solutions becomes AMAS member

The real estate manager Swiss Prime Site Solutions is the latest active member of the Asset Management Association Switzerland.

09/14/2023

Raiffeisen Aims Big by Thinking Small

Raiffeisen Group attracted 1.8 billion Swiss francs of new custody assets in the first half of the year.

09/14/2023

Brooks Macdonald's adviser MPS business represents 20% of assets

The company confirmed there were outflows from the main bespoke service, though its decumulation product within this grew its assets by 50 per cent over the year.

09/14/2023

Boutique could split from Natixis IM

Natixis said that a sale is not on the agenda, but Citywire sources think it is likely.

09/14/2023

Artemis launches luxury brands fund for ex-GAM manager

Swetha Ramachandran will manage the thematic equity fund which looks to tap into the ways that demographic and geographic shifts are changing consumer spending.

09/14/2023

Macquarie Asset Management becomes lead investor in Verkor Series C fundraise

The financing will accelerate the construction of Verkor’s first gigafactory in Dunkirk and the manufacture of high performance low-carbon battery cells.

09/14/2023

Saltus launches Partnership Programme to provide tailored support for financial planning firms looking to maximise value

The service has been designed so that advisers can maximise capital value in their business and realise it at a time of their choosing, either along the growth journey or when they ae ready to exit.

09/14/2023

Zurich wants to buy Italian Julius Baer subsidiary

Julius Baer's Italian asset management subsidiary is valued at 40 to 50 million euros, the report continues.

09/14/2023

DBS chief says wealth management business benefiting from inflows

He said wealth management was one of the best performing segments in the financial services sector and that the industry could support a high number of participants.

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