07/14/2022
$421bn Stifel to enter offshore wealth management arena with new Miami biz
Coloma joined Stifel in June last year as a branch manager and has been working on setting up its international wealth management business since his arrival
Wealth and Asset Management
07/14/2022
Kaleido Privatbank relies on InCore Bank's Digital Asset Services
Many experts are convinced that digital assets such as cryptocurrencies, but also digitized, or tokenized assets, belong in a diversified portfolio.
07/14/2022
Deutsche Bank partners Abbove for wealth management services in Belgium
Deutsche Bank has partnered with wealthtech Abbove to utilise its wealth planning platform for clients in Belgium.
07/14/2022
Brooks Macdonald posts fifth quarter of net inflows
Analysts at Equity Development said it was impressive that the investment manager saw net inflows in Q3 and Q4, during periods of sharp market falls which normally coincide with net outflows for investment managers.
07/14/2022
SNB distributions: are the Confederation and cantons looking down the drain?
As a result of its monetary policy, the SNB's balance sheet expanded massively, and the income from the reinvested funds grew plentifully.
07/14/2022
Middle East’s best bank for wealth management 2022: UBS
The result is a growing business and product range attracting more new wealthy clients.
07/14/2022
Barclays on the hunt for Chinese banking partner to enter $4.3tn asset management market
A successful move into the market would see Barclays join a string of other Western financial firms who have started or are in the process of launching operations in China’s lucrative $4.3tn bank-dominated asset management market.
07/14/2022
Africa’s best bank for wealth management 2022: Standard Bank
At the end of 2021, Standard Bank boasted R122 billion ($7.7 billion) in total wealth and investment assets under management in discretionary portfolios.
07/14/2022
JPMorgan’s Earnings Disappoints; Jamie Dimon Says Firm Ready for ‘Toughest of Times’
Chief executive officer Jamie Dimon was optimistic about the asset and wealth management business, however, noting that it "delivered solid results as the impact of higher rates and loan and deposit balances more than offset the decline in market lev
07/14/2022
Swiss fund market shrinks by 12% in H1 2022
It went from CHF 1.5tn at the end of 2021 to CHF 1.3tn
07/13/2022
UBS Advisor named Top Private Wealth Advisor in Los Angeles
He ranked #1 in the Los Angeles Private Wealth Management category and has appeared on the Forbes/SHOOK Best-In-State Wealth Advisors list for five consecutive years.
07/13/2022
Judges announced for the inaugural Stonehage Fleming XV
Four Stonehage Fleming representatives will complete the judging panel.
07/13/2022
Credit Suisse postpones real estate fund initial public offering
The fund launch was scheduled for the fourth quarter of 2022 and the group said it is nearly ready.
07/13/2022
Three in four advisers expect demand for wealth transfer advice to increase
Almost three in four (71%) advisers anticipate the demand for wealth transfer advice to increase in the next three years, according to recent research from M&G Wealth, conducted by NextWealth.
07/13/2022
First gold bar with Swiss seal of approval launched
The gold comes from small mines that are actively committed to improving their environmental and social sustainability.
07/13/2022
ONE swiss bank SA H1 2022 financial results (true & fair view)
Financial markets sharply corrected in the period under review, with shortfalls witnessed in most asset classes.
07/13/2022
SJP changes managers at three funds to boost returns
Each of the three new fund managers will aim to reduce the fund’s carbon intensity by 50% against the benchmark.
07/13/2022
Wealth managers must conduct an urgent gap analysis for MiFID II suitability requirements
Under the latest amendment to MiFID II, wealth managers will need to proactively assess their clients’ sustainability preferences in the same way that risk tolerance and investment knowledge are measured currently.
07/13/2022
Sanctuary Wealth Receives $175 Million Growth Investment From Kennedy Lewis Investment Management
Investment to accelerate Sanctuary Wealth's growth and reshape the wealth management industry
07/13/2022
Eton Solutions Raises US$ 38 Million Series C Funding
Series C Funding Round Anchored by Navis Capital Partners to Support Eton Solutions Product Development, its Rapid Growth Trajectory, and International Expansion.