08/30/2024
Pictet announces first-half 2024 figures
The Pictet Group's total equity and total capital ratio remained strong.
Wealth and Asset Management
08/30/2024
Zürcher Kantonalbank once again achieves a pleasing half-year result
The AAA rating for Zürcher Kantonalbank was confirmed again
08/30/2024
Swiss Asset Manager GAM to Expand US Team With Miami Office
The move was driven by demand from US offshore clients, mostly in Latin America
08/30/2024
Nomura plans to add 30-35 wealth bankers across Asia offices in Dubai, Hong Kong & Singapore over next two years: Report
Nomura plans to hire more wealth management bankers in Dubai, Hong Kong, and Singapore, aiming to boost wealth assets outside Japan to $35 billion by next year.
08/30/2024
Count sees 104% FUA growth in ‘transformative’ FY24
It also reported $34.2 billion in funds under advice (FUA), which is up 104 per cent from $16.8 billion in FY23.
08/30/2024
HSBC Asset Management expands private credit capabilities
These initiatives mark expansions in response to growing institutional interest in the private credit market.
08/30/2024
Brown Shipley suffers £2.5m writedown on 2019 buy
The impairment charge was linked to the wealth firm’s purchase of Cambridge-based NW Brown and attributed to a ‘fall in assets under management’.
08/30/2024
SJP appoints Centrick Invest to oversee Asian property investment
The wealth manager has appointed Centrick Invest to its panel as a property partner after “significant due diligence”.
08/30/2024
Asset manager M&A masks a struggling sector
The latest round of earnings updates highlights wider issues in a sector that needs more than mega deals to recover
08/30/2024
Claire Barker: Are women about to take control of global wealth?
This lack of confidence is not necessarily tied to a lack of ability, as women who do invest generally see better returns than men.
08/29/2024
Melbourne Capital Group Broadens Malaysian Wealth Management Offering with Strategic Acquisition of Licensed Local Company
The deal sees all employees and clients transfer to Melbourne Capital Group, with operations moving to their offices in UOA Corporate Tower, Bangsar South, Kuala Lumpur.
08/29/2024
Sequoia Financial Group and Top 20 Accounting Firm Eide Bailly Form Wealth Management Partnership
The firms expect the transaction to close in the fourth quarter.
08/29/2024
M/HQ Ranked Top for Private Wealth Management in Chambers Global 2024 Guide; Yann Mrazek Achieves Band 1 Ranking for 7th Consecutive Year
Clients also praise Yann for being ‘acutely aware of international market trends and the way UAE platforms provide useful solutions for clients.’
08/29/2024
The affluentisation of wealth management: enhancing the client experience
As the total addressable market size for fee revenue in the affluent segment is estimated to be up to USD 40 billion annually, this presents a significant opportunity to wealth managers.
08/29/2024
Wealth management professionals from Jersey join awards judging panel
Now in their fourteenth year, these awards were established to highlight the excellence of the advisors and managers in the private wealth sector
08/29/2024
Lombard Odier reports half-year 2024 results and announces evolution in the Partnership
Lombard Odier’s balance sheet remains strong, liquid and conservatively invested, and totalled CHF 13 billion at end-June 2024.
08/29/2024
How AI Can Transform Wealth Management Contact Centres
Against this backdrop, managers must reconcile inbound calls and staff rotas to ensure key call centre metrics, such as customer satisfaction targets, Average Handling Times (AHT) and abandonment rates are met.
08/29/2024
Interest Business Weighs on Bank Frick's Profit
The balance sheet total stood at 2.5 billion francs at the end of June.
08/29/2024
Wealth managers go west with acquisition
Glasgow base helps Tweed Wealth Management cover the nation
08/29/2024
Evelyn Partners adds 2 funds to Sustainable MPS in rebalance
The team also added to its positions in the FTGF ClearBridge US Equity Sustainability Leaders and Brown US Sustainable Growth funds.