05/12/2021
BPDG announces mid-term board overhaul as merger gathers pace
The merger is scheduled to close on 1 June.
Wealth and Asset Management
05/12/2021
Investec and All Together team up to support CEOs
This union will enable both Investec and All Together to share insights and expertise
05/12/2021
Goldman Sachs to Move Into Zurich Landmark
Bahnhofstrasse signals the U.S. firm's ambitions in wealth management, where it is putting considerable resources including in Switzerland.
05/12/2021
Mainland investors eagerly await Wealth Connect
“Guangdong is one of the most affluent regions in mainland China, with 290,000 families owning over 10 million yuan in assets,” says Daniel Chan, head of Greater Bay Area at HSBC.
05/12/2021
Schroders strikes deal with Howard Marks’ shop for credit fund
Asset manager unveils new strategy with US-based alternative investment specialist.
05/12/2021
Schroders Studied M&G Deal to Build $1 Trillion Asset Manager
Deal would have been largest in U.K. finance industry in years
05/11/2021
UBS Bows to Client Demand on Crypto
Other banks have moved more quickly into the space than UBS has.
05/11/2021
Noah Holdings Announces Unaudited Financial Results for the First Quarter of 2021
Noah primarily distributes private equity, public securities and other products denominated in RMB and other currencies.
05/11/2021
Tilney Smith & Williamson toasts merger with £52bn AUM
The merger has created a business with an unrivalled range of expertise spanning both wealth management and professional services.
05/11/2021
The best wealth managers for high-net-worth clients UK
Wealth managers can also take into account a range of financial matters, including estate planning, succession, tax services and wealth structuring.
05/11/2021
Banks See Wealth Management As A Growth Engine, But They Aren’t Very Good At It
If a wealth management firm hasn’t built a strong relationship with the woman, who statistically is likely to outlive her husband, the firm will see the money shift to another firm and another advisor.
05/11/2021
Wealth firms partner to set up Malta advice company
It will provide pensions and investment services to UK expats retired in the EU
05/11/2021
Wells Fargo Private Bank recognized as leader in wealth counselling
Wealth industry peers recognize the company for Wealth Counselling services
05/11/2021
Law firm sets up UK wealth management service
It will provide advice on a range of issues including succession planning and cross-border estates
05/11/2021
BlackRock expands China footprint with wealth management licence
BlackRock will "support China in building a sustainable ecosystem for investing," Chairman and CEO Laurence Fink said in the statement.
05/11/2021
Rothschild & Co: 2021 – 1st quarter release
Revenues up 3% to €134.3 million (Q1 2020: €130.8 million) driven by an increase in management fees in connection with the strong growth in AuM
05/10/2021
HSBC on track to hire more than 1,000 Asian wealth roles this year in US$3.5 billion bet on region’s growing billionaires
Asia accounted for US$1.2 billion or two-thirds of HSBC’s adjusted profit before tax in the wealth and personal banking business in the first quarter
05/10/2021
Vestmark Partners with UBS Wealth Management USA to Provide Model Portfolio Services for Separately Managed Accounts
With Vestmark Advisory Solutions as discretionary overlay manager, UBS Wealth Management USA clients will now have access to model portfolio strategies from BlackRock, Capital Group (home of American Funds), Dimensional Fund Advisors, J.P. Morgan, Natixis
05/10/2021
Kiwi Wealth invests more into private equity
Its latest investment is designed to give KiwiSaver members more access to private business in the high-growth export sector.
05/10/2021
Macquarie Wrap surpasses $100b FUM
“We’re seeing that Macquarie’s strong brand in this space, our leading platform, and the access to the deep expertise of our people and the broader insights of Macquarie is an offering that is really resonating with advisers.”