02/21/2022
CLSA CP launches private equity fund
The alternatives platform of Citic Securities has launched a China-market US dollar-denominated private equity fund.
Wealth and Asset Management
02/21/2022
Wealth management in the new world
Wealth platforms that were forced to upgrade allow for increased mobility for those providing advice to families, who can use this infrastructure as part of a new breed of family office services.
02/21/2022
How wealth managers leverage behavioral intelligence tech to thwart client abuse
In this interview with Help Net Security, Lee Garf, GM of Financial Markets Compliance at NICE Actimize, explains how behavioral intelligence technology can help the finance sector tackle client abuse and lower regulatory risk.
02/21/2022
Belfast wealth management firm has recorded ‘significant growth’ throughout 2021
A Belfast wealth management firm has recorded ‘significant growth’ throughout 2021, despite ongoing challenges posed by the Covid-19 pandemic.
02/18/2022
Man GLG launches global bond fund for AAA-rated Golan
The Man GLG Global Investment Grade Opportunities fund will invest at least 80% of its net asset value in investment grade bonds
02/18/2022
StanChart CEO Hopes to Stay With Bank Until 2024
And its CEO Bill Winters hopes that he will remain at the helm long enough to see the bank hit the target.
02/18/2022
UBS is becoming a bank of doers
The Swiss market leader confirmed the move to the agency.
02/18/2022
Vontobel: Customers of the British subsidiary complain
It remains to be seen whether the waves will reach Zurich, where TwentyFour's parent company is based.
02/18/2022
Berner Bank AEK is even more efficient
The institute also managed to reduce the cost-income ratio again.
02/18/2022
Coutts doubles net new flows as bank heeds ‘step change’
Flavel said 2021 proved to be “a stand-out year”, both in terms of Coutts' financial results
02/18/2022
EFG repays hundreds of millions of dollars
EFG International understands that such actions will trigger the repayment and subsequent cancellation of all outstanding EFG Fiduciary Certificates by the Fiduciary.
02/18/2022
SJP chooses fund manager for £2.8bn mandate
“In this context, a multi-asset strategy underpinned by a dynamic and consistent investment process is well suited to protect investors from these risks.”
02/18/2022
UBS discourages employees from using managing director title, report says
Instead the employees involved, should use their function, such as head of a trading team or investment specialist.
02/18/2022
Swiss companies are not hoarding cash, central bank says
This share is more than double the share of companies holding cash for imminent transactions.
02/17/2022
BlackCloak Named a Finalist by the Family Wealth Report Awards for Best Cybersecurity
Recognition comes as family offices and wealth managers are increasingly being relied upon by their clients to help reduce the skyrocketing risks from modern cyber attacks, financial fraud, and personal privacy exploitation
02/17/2022
Goldman Sachs Private Wealth Management arm opens new office in Monaco
Last month, Goldman Sachs' shares fell after Wall Street's premier investment bank missed quarterly profit expectations
02/17/2022
Standard Chartered unveils $750m share buy-back as it reports a rebound in profits
A reconciliation of restructuring and other items excluded from underlying results is set out
02/17/2022
Baillie Gifford raising capital for dedicated PE fund
The asset manager is deepening its push into private companies with the launch of a dedicated fund for institutional investors.
02/17/2022
REYL Intesa Sanpaolo completes the integration of Intesa Sanpaolo Private Bank (Switzerland)
The partners of REYL Intesa Sanpaolo hold collectively 31% of the combined entity.
02/17/2022
M&G buys TCF to enter model portfolio market
M&G Wealth will take responsibility for the ongoing management of Maps, and will also launch a new range of portfolios in the coming months.