06/21/2023
Seven J.P. Morgan Wealth Management and First Republic Advisors Named Barron’s Top Women Financial Advisors
All have been on the three most recent Top Women rankings, and some longer.
Wealth and Asset Management
06/21/2023
Private banking group unveils Manchester office
It also has operations in London, Bournemouth, Glasgow and Edinburgh
06/21/2023
GAM issues a first quarter 2023 Interim Financial Report
As previously reported on 4 May 2023, total assets under management were CHF 71.7 billion as at 31 March 2023, compared to a total of CHF 75.0 billion as at 31 December 2022.
06/21/2023
Liontrust suffers near £5bn outflow
The firm’s AUM dropped 6% to £31.4bn on the back of hefty client redemptions.
06/21/2023
Bellevue anticipates significantly lower first-half results versus the prior-year period
Half-year results 2023
06/21/2023
UAE’s first digitally-enabled private wealth management platform, Vault, to redefine investment practices in the region
Recognizing the prevalent challenges faced by clients, Vault’s founders leveraged their industry experience to address key issues and reshape the investment landscape.
06/21/2023
Pension tax upheaval boosts wealth managers
Rich clients rush to profit from giveaway but must consider wider picture
06/21/2023
Hugo Bedford is a Top Recommended Wealth Manager in Spear's 500 2023 Index
Once again, JM Finn's CEO features in the Spear's 500 guide to the best UK wealth managers.
06/20/2023
Pictet WM has 20% of Asia AUM in DPM
The pure-play private bank is encouraged by its discretionary portfolio management performance this year, says the Swiss bank's Asia CIO.
06/20/2023
Union Bancaire Privée adds high-income strategy to its fixed income offering
The new strategy utilises all the existing expertise within the team so that each segment of the fixed income market is covered by one or more investment experts.
06/20/2023
Compass expands in Switzerland by acquiring 100% of HeidiPay Switzerland AG
The deal is consistent with the objectives of the new “One Brand One Culture” 2023-26 Strategic Plan
06/20/2023
Evelyn Partners racks up £20m acquisition spree bill
In its accounts for 2022, the group noted it had set aside a total of £15.5m to pay for 10 acquisitions and spent a further £4.3m on deals this year.
06/20/2023
Julius Baer publishes Global Wealth and Lifestyle Report 2023
The average price of Julius Baer’s Lifestyle Index has increased by 6% in US Dollar, but by 13% in local currencies.
06/20/2023
NewEdge Capital Group Leaders and Firms Named Finalists in Several Wealthmanagement.com Industry Awards Categories
CEOs Alex Goss of NewEdge Advisors and Rob Sechan of NewEdge Wealth Among Honorees
06/20/2023
Rothschild Expects 50% Profit Decline Amid M&A Slowdown
In 2022, Rothschild’s profit was €249 million in the first half, and €606 million for the entire year.
06/20/2023
‘A heavy lift in very short time’: Private banks brace for consumer duty
Five wealth and private banking heads share their views on the upcoming regulation and why it is much more than just going through a series of checklists.
06/19/2023
Canaccord Genuity Group Inc. Reports fourth quarter and Fiscal 2023 Results
Excluding significant items, full fiscal year earnings per common share of $0.59
06/19/2023
Combined UBS-CS wealth giant enters Asia as cost of survival rises
Asia's private banking players are bound to feel the ripples of the UBS-CS deal and navigate an industry that is already facing increasing costs of survival.
06/19/2023
Jupiter shutters Merlin Real Return fund after just five years
The fund will be wound up on 31 July. Its assets under management have fallen to £6.3m.
06/19/2023
IBoss portfolios launched on 7IM platform
The IBoss discretionary MPS consists of 32 risk-rated portfolios across four ranges: core, passive, income, and sustainable.