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Wealth and Asset Management

07/21/2023

Hong Kong, mainland China regulators agree to enhance wealth management and bond connect schemes during 3-day Beijing visit, HKMA CEO says

Mainland officials support the strengthening of Hong Kong’s international financial centre status: chairman of industry body HKAB

07/21/2023

Investors are bullish but expect continued market volatility, says Morgan Stanley

Investor sentiment is rising along with expectation of the Fed navigating a soft landing.

07/21/2023

UBP's Results Reflect Wait-And-See Client Mindset

Net profit was 110.8 million compared with 112.6 million a year before, a 1.6 percent decline.

07/21/2023

Exponential Client Growth Will Continue To Accelerate, Say Wealth Managers And Financial Advisors

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

UBS's $5 Trillion Ambition Already Looks Dated

Speaking at its mid-year conference, the CEO said that in 14 years, reaching $20 trillion of client assets under management is achievable.

07/20/2023

Nomura launches international wealth management business in Dubai, opens new premises in DIFC

Nomura has obtained a Category 4 licence from the Dubai Financial Services Authority (DFSA) to expand the scope of its International Wealth Management business

07/20/2023

Leonteq's First Half Net Profit Hit by Lower Volatility

Trading income fell 90 percent to 17.8 million in the first half, and net fee income increased 7 percent to 123.9 million, resulting in an operating income of 147.1 million, half of what it was a year ago.

07/20/2023

Benchmark adds £755 million with agreement to acquire Unique Financial Planning

Unique will continue to operate independently, but with further support from Benchmark’s technology and training and development, alongside additional group resources across marketing, finance, people management and compliance services.

07/20/2023

Farrer & Co once again recognised in Chambers High Net Worth Guide

The rankings are based on client feedback and in-depth analysis of the best law firms and lawyers in the UK and London.

07/20/2023

Oberon Investments acquires Nexus EIS Fund to expand its portfolio

The deal will be paid for by issuing 7.5m new ordinary shares in Oberon and is expected to boost Oberon’s profit before tax.

07/20/2023

Rathbone Funds Now Live on Charles River IMS® and State Street Alpha® Data Platform

The combination of Charles River IMS and ADP empowers their business with faster insights, increased operational efficiency, and greater collaboration across investment teams.

07/19/2023

SG Kleinwort Hambros establishes new client lifecycle team

A new Client Lifecycle Team has been established by SG Kleinwort Hambros (SGKH) and Was Chaudry has been named as the team's head.

07/19/2023

The best precious metals advisers for high-net-worth individuals in 2023

Welcome to the Spear’s ranking of the best precious metals advisers for high-net-worth-individuals in the UK

07/19/2023

Brown Brothers Harriman Private Banking Team Continues Growth in Philadelphia

These hires reflect the firm's deep commitment to Philadelphia and the mid-Atlantic region, its private business owners, and local endowments, foundations, and non-profit institutions.

07/19/2023

StanChart's Marc Van de Walle on the bank’s regional ambitions

The bank’s global head of wealth management sets out the case for a fully-converged digital platform across segments and geographies.

07/19/2023

Citi Wealth says look beyond tech to ‘compelling’ financials

Tech stock valuations leave little margin for error in the upcoming reporting season, whereas banks are only trading at book value despite an improving backdrop, says Citi Global Wealth chief investment officer David Bailin.

07/19/2023

REYL Intesa Sanpaolo wins two WealthBriefing WealthForGood awards, including “Best Bank for Philanthropy Offering”

The WealthBriefing WealthForGood Awards distinguish the top players in the global wealth management industry.

07/19/2023

Private banks eye bigger slice of private credit market

Distressed debt and senior secured loans look attractive, but must not neglect potential issues within the asset class, such as limited transparency and liquidity.

07/19/2023

LGT Private Banking starts digital hub in Barcelona

The private bank invests CHF200m in a new digitalisation strategy.

07/19/2023

Launch of new artworks by winners of the Julius Baer Next Generation Art Prize

The completed digital artworks of the six visionary prize winners will be exhibited in a ‘meta-world’ gallery from now until 31 August 2023.

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