07/26/2023
Private Banks Split on China Rebound Call
As of late, the spotlight has been placed on Beijing’s commitment to monetary as well as fiscal stimulus, and whether this will be enough to boost growth momentum.
Wealth and Asset Management
07/26/2023
Goldman to expand wealth arm in Emea, despite cuts elsewhere
Co-heads of wealth management Emea – Stefan Bollinger and Christopher French – explain the rationale behind hiring advisers despite job cuts in other parts of the business.
07/26/2023
EFG International: Record profit of CHF 147.6 million (+47%)
Net new assets totalled CHF 3.0 billion, corresponding to an annualised growth rate of 4.2%, within EFG’s target range of 4-6%.
07/26/2023
GAM Responds to Newgame Claims
As a public company GAM has an obligation to ensure that information it discloses is accurate and transparent
07/26/2023
UBS Not Out of the Woods in Forex Case
While the case was closed years ago at the regulatory level, the civil law resolution drags on.
07/26/2023
Nugenis Awards Bordier UK £200M Mandate
We enjoy a great working chemistry with the Nugenis team and look forward to building the relationship.
07/26/2023
Rathbones takes £6m fee freeze hit waiting on Saunderson House deal
‘We have chosen not to charge investment advisory fees to clients’
07/26/2023
Nucleus launches improved cash panel on James Hay platform to help advisers make their customers’ cash work harder
There are currently 26 different account options up from the three that were previously available, providing greater flexibility and enabling more customers to take advantage of the higher interest rates on offer.
07/26/2023
Conyers Recognised in Chambers High Net Worth Guide
Newly ranked this year is Cayman Counsel Wesley O’Brien as an Associate to Watch.
07/26/2023
Julius Baer to end business with Russia-based clients
The wealth manager said it will drop all Russia-domiciled clients by the end of the year as a result of the widening spate of sanctions.
07/26/2023
Vontobel will work with Microsoft to employ AI
The global investment company Vontobel is scaling up its collaboration with Microsoft in order to employ Azure Open AI Service.
07/25/2023
Julius Baer Breaks New Ground in Client Expansion
This doesn't prevent him from attracting more outside talent because the bank offers attractive conditions.
07/25/2023
CEO Captain: EFG Asia's Albert Chiu
EFG's executive chairman of Asia Pacific Albert Chiu talks to us about his faith in Hong Kong
07/25/2023
Alternative expertise helps LGT make headway in ultra-high net worth space
The strategy, which aims at achieving “equity-like returns with fixed income volatility”, was made available to ultra-rich clients just seven years ago, after the UHNW share class was tested for two years.
07/25/2023
Evelyn Partners Group Limited Interim results for the six months ended 30 June 2023 (unaudited)
During the period, the business delivered record growth in both gross and net new assets, increased operating income including excellent momentum in Professional Services fee growth
07/25/2023
Migros Bank achieved a strong first half of 2023
With success: Migros Bank received several awards in 2023 for the digitization of its customer offering.
07/25/2023
How UBS Goes Fishing for Big Game
In addition to the growth market of Asia, UBS is currently focusing on its business with wealthy US private clients.
07/25/2023
Unicorn Asset Management chair Colin Howell dies
A statement from the firm reports that the industry veteran passed away unexpectedly.
07/25/2023
China wealth manager warns weak economy to squeeze client assets
Beijing's tech crackdown an added headwind as assets shrink
07/24/2023
What is wealth management?
What do wealth managers do and how can they help HNW individuals maximise the efficiency of their investments?