04/22/2021
Swiss Private Banks Becoming Unwanted Guests
The question that must be asked is why Swiss private banks are still getting caught up in these kinds of issues.
Wealth and Asset Management
04/22/2021
AMP provides Q1 2021 cashflows and AUM update
Our teams in AMP Capital have remained focused on delivering for clients, with continued deployment of capital in our infrastructure funds.
04/22/2021
My Prognosis for Remote Working in Wealth Management
A further 76% added that they are more productive, due to the lack of commute and fewer distractions – a sentiment echoed by Rathbones fund manager Alexandra Jackson, who has experienced tangible improvements in both work performance and family life
04/22/2021
Credit Suisse reports $275 million first-quarter loss after Archegos hedge fund scandal
The bank said its losses reflected a “significant charge with respect to the US-based hedge fund matter in 1Q21 (first quarter).”
04/22/2021
Fairstone adds £100m FUM in third acquisition of 2021
The focus of Fairstone’s approach is to attract businesses that do not want to sell today but want to grow and develop.
04/22/2021
Wealth Managers Combine After Parents' Merger Completion
The newly combined business in Belfast can trace its roots back to the 1840s.
04/22/2021
Credit Suisse Taps Loyalists, Super-Wealthy for Quick Infusion
The second batch, due next week, is to be opened to shareholders on a one right-one share of Credit Suisse conversion.
04/22/2021
Avaloq enters partnership with Adviscent to provide smart content solutions for wealth managers and private banks
In response to this challenge, Adviscent developed a savvy content hub called Interactive Advisor for content owners like research analysts, investment writers and sales managers to create, manage and distribute guided investment stories tailored to the r
04/22/2021
Blackstone Reports First Quarter 2021 Earnings Results
Blackstone will host its first quarter 2021 investor conference call via public webcast on April 22, 2021 at 9:00 a.m. ET.
04/22/2021
Wirehouses: Just Say No to Disclosing Broker Headcounts
In its previous reporting, BofA had separated the core and Edge brokers from the private bankers.
04/21/2021
Natixis Expands Global Markets Unit in APAC
China and Japan are key geographies for our global markets business and these new appointments to bolster our sales teams will allow us to deepen our client dialogue and enhance our focused development of new activities and products.
04/21/2021
LGT Vestra plants 10,000 trees with paperless reporting drive
The LGT Vestra Forest has planted trees in Brazil, Kenya, Madagascar, Thailand and India, supporting a range of projects.
04/21/2021
HSBC, Citi's renewed China plans reignite global vs local contest for wealth biz
Major global financial institutions including HSBC and Citi have formed onshore joint ventures with Chinese partners for years, from securities broking and asset management to insurance underwriting.
04/21/2021
GAM Holding Ag Interim Management Statement For The Three-Month Period To 31 March 2021
Our fixed income strategies saw strong year-to-date performance resulting in 98% of total AuM outperforming their benchmark over five years.
04/21/2021
LGT Private Banking is a founding member of the UN Net-Zero Banking Alliance
The goal of the NZBA is to remove carbon-intensive, climate-damaging sectors from their investment portfolios.
04/21/2021
Credit Suisse Maelstrom Engulfs Top Banker in Asia
While nobody at Credit Suisse comes out of the twin scandals of Archegos and Greensill looking good, Sitohang is particularly entrenched.
04/21/2021
Coutts Joins Net Zero Managers Initiative
Find out why Coutts has joined Net Zero Asset Managers initiative
04/21/2021
Liontrust takes first steps into closed-ended territory with sustainable trust launch
‘The investment trust sector has been relatively behind the curve in servicing the growing demand for ESG strategies’
04/21/2021
UK wealth manager acquires Scottish financial planning business
It does not want to do deals which see clients as a ‘secondary concern’
04/21/2021
A Well-Conceived Share Plan Can Be Critical to Long-Term Success
JTC’s own journey as a business and the role shared ownership has played in that journey has made for a fascinating case study.