09/20/2021
Neuberger Berman Announces Partnership with iCapital Network
The Access Fund invests across a variety of private equity sponsors, industries, geographies, market caps and vintage years.
Wealth and Asset Management
09/20/2021
Sanlam to Sell UK Wealth Businesses
This transaction is expected to complete during the first quarter of 2022.
09/20/2021
Fideuram Intesa Sanpaolo completes deal for Lux private bank
Italian group takes over company focused on Europe’s high-net-worth investor contingent and currently runs €7bn in assets.
09/19/2021
Standard Bank's pursuit of more clients sets stage for 'mortal combat' over wealthy Africans
The competition among banks and multinational firms venturing into financial services in Africa is heating up. I
09/19/2021
Evergrande begins repaying wealth product investors with property
An estimated $6bln in Evergrande wealth management products are outstanding
09/17/2021
UBS opens new philanthropic chapter in India
UBS Optimus Foundation's India expansion comes as the bank’s philanthropic activities gather pace around the globe, with new initiatives in climate, health, education, child protection and social finance.
09/17/2021
Invesco in talks to merge with State Street's asset-management business - WSJ
Invesco declined to comment, while State Street did not immediately respond to a Reuters request for comment.
09/17/2021
Nomura’s Wealth Push Pays Off With Fee Income Balancing Risks
Nomura is among Japanese brokerages under pressure to increase income from businesses
09/17/2021
UK wealth manager Brooks Macdonald reports 20% rise in FuM
The company also said that the net flows were positive in H2 at the group level while UKIM discretionary business remained positive for the full year.
09/17/2021
Goldman arm offers latest route into private equity investing
Petershill Partners announces plans for initial public offering
09/16/2021
Jersey Finance announce line-up for Private Wealth Conference in London
Jersey Finance has announced a range of expert speakers, who will discuss the issues driving private client decision making and the challenges facing the international wealth management community, at its Annual Private Wealth Conference later this month.
09/16/2021
Going hybrid: The future of wealth management
Digitisation will improve investor experience but human connections remain at the core
09/16/2021
DBS Private Bank sees surging client demand for in-house managed investment products
In the past year alone, AUM more than doubled to SGD 10 billion.
09/16/2021
JTC Acquires US Fund Services Business
Nigel Le Quesne, CEO of JTC, said: “We are very pleased to announce the acquisition
09/16/2021
Julius Baer Group Ltd. places USD Perpetual Tier 1 Subordinated Bonds
The transaction will help to optimise Julius Baer Group’s capital structure and add flexibility.
09/16/2021
Vontobel launches EM corporate bond fund
It has a fixed term of five years and aims to get an average investment grade rating and target yield to maturity of 4.7%.
09/15/2021
NorthCoast Asset Management to Join Focus Partner Firm Connectus Wealth Advisers, Further Expanding Connectus' U.S. Footprint
Connectus is the ideal strategic partner with a strong cultural fit who would preserve the independence of our investment process and provide strategic support.
09/15/2021
DBS: Wealth Management Connect is a win-win for all parties
The launch of the Wealth Management Connect scheme is important for the region’s development to encourage capital flows and investments among the 11 cities and turn them into an economic powerhouse.
09/15/2021
David Booth’s Dimensional Flips $8 Billion of Assets Into ETFs
Dimensional in June became only the second U.S. issuer to pull off a conversion, transforming $29 billion worth of mutual funds into ETFs in an industry record.
09/15/2021
Asset Management: UBS and CS are the elephants in the room
The nervous laughter of the assembled fund professionals echoed at him from the hall.