09/13/2022
How can wealth firms address the liquid-alts challenge?
Global wealth and asset management leader walks through different questions firms should be asking themselves
Wealth and Asset Management
09/13/2022
EFG International publishes agenda for its Extraordinary General Meeting
EFG International today published the invitation to its Extraordinary General Meeting (EGM), which is scheduled to take place on 06 October 2022 with no public attendance.
09/13/2022
Boris Collardi to Get a Raise Upon Joining EFG Board
Classen was nominated to be chairman after Peter Fanconi unexpectedly announced in July he would step down and depart at the end of October
09/13/2022
Mattioli Woods made £46m from acquisitions last year
Mattoli Woods’ strategic goals are to grow group’s operations towards £300m of revenues, £30bn of total client assets and £100m of EBITDA.
09/13/2022
RBC’s £1.6bn Brewin deal jumps final regulatory hurdle
Royal Bank of Canada's mega deal for Brewin Dolphin has received approval from the Canadian regulator, with the takeover set to complete later this month.
09/13/2022
German wealth manager to launch Swiss equity fund
The fund will be available to financial intermediaries in Switzerland.
09/13/2022
Why isn't gold working?
Gold was the best performing asset class during the 1970s, with the price appreciating more than ten times higher in dollar terms.
09/13/2022
Quilter Investors launches timber strategy for new WealthSelect portfolios
The fund will also focus on companies through the timber value chain which provide bio-degradable substitutes to plastics, concrete or steel.
09/13/2022
UBS West Coast Private Wealth Team Ranked Ninth Among Barron’s Top 100 Private Wealth Management Teams
We are extremely proud to see Mark, Craig, and their team recognized as one of the top Private Wealth teams in the country
09/12/2022
Clifton Asset Management acquires financial firm
With this acquisition, Clifton adds £130m to its assets under management (AUM), bringing its total AUM to £970m.
09/12/2022
HSBC sets up new wealth management business
The launch of HSBC Philippines’ new business is timely given that in the Philippines, rising wealth is observed through increasing bank deposits and investments on securities.
09/12/2022
Forget saving. I’m buying Rolls-Royce shares to build wealth!
Rolls-Royce shares have continued downwards in recent months despite several positive indicators for the business. Here’s why I’m buying.
09/12/2022
Investment Strategy
In a crisp 8-minute speech at the event, Fed chair Powell mentioned inflation over 45 times, leaving no ambiguity about their focus on inflation, thus dampening the markets’ optimism.
09/12/2022
Swiss private banks claim that the EU protects the financial sector
The Association of Swiss Private Banks finds this view to be incorrect and has issued a counterstatement.
09/12/2022
Former UBS Chief Says Switzerland Doesn't Need Two Large Banks
While it is nice that Switzerland has two successful big banks, the domestic market is not dependent on them.
09/12/2022
Fairstone enters Irish market with latest purchase
Fairstone said the service has been a unique player in Ireland, combining insight with an innate understanding of digital trends to serve its target market.
09/12/2022
Credit Suisse Poses Idea of Equity Stake for Investment Bankers
Earlier this year investment banking co-head David Miller said in a townhall that the aim was to transform the unit to become capital-light and advisory-focused
09/12/2022
Wealth of Singapore's 50 richest on Forbes list falls by over 20%
Their collective wealth fell by more than 20 per cent to US$164 billion in 2022 from US$208 billion in 2021.
09/09/2022
How much wealth Prince Charles will inherit from Queen Elizabeth?
The bulk of the late sovereign's personal wealth will pass to Charles intact, without the British government getting a slice.
09/09/2022
Hugh Elwes: Expect further M&A acceleration in wealth management
Wealth managers have emerged from the pandemic relatively unscathed and have now returned to face meetings with clients and are gathering further assets, often arising from client cash flows accumulated through the pandemic.