09/14/2021
Zurich WM gets Finma licence,
Crossinvest Zurich was founded in 2020 when the Crossinvest Group decided to expand into German-speaking Switzerland.
Wealth and Asset Management
09/14/2021
Geneva wealth manager rebrands
In April, the firm appointed a new COO to lead its digital transformation.
09/14/2021
UBS’s Naratil Doesn’t Rule Out M&A to Grow U.S. Wealth Biz
Naratil said UBS may have historically missed out on around 500 basis points in pre-tax profit margin because of its smaller size, but the productivity gains it has made recently have narrowed that gap to about 300.
09/14/2021
CI Financial aquires Silicon Valley wealth management firm
It has developed substantial expertise at the intersection of investments and tax, wealth transfer, estate and charitable planning.
09/14/2021
Japan’s structural reform to benefit investors
There are now more varieties of activist investors, including the old school “asset stripper” (greenmailer), entities focusing on constructive engagement and others that take a more hands-on approach.
09/13/2021
Tilney Smith & Williamson sets out 'statement of purpose'
To deliver its purpose, Tilney Smith & Williamson has set out three core values that it is committed to embedding in the culture of the business.
09/13/2021
UBS wealth business booms but are risks piling up?
The $3.6tn division has to prove it can keep growing once all the low-hanging fruit has been picked
09/13/2021
Bankers go hunting for UK billionaires to back Spacs
Can rule revamps make the City a magnet for cash shells used to hoover up deals?
09/13/2021
Wealth Management Connect: What Say the Banks?
In total, more than 20 lenders in Hong Kong are expected to apply for the scheme – including a handful of global banks – with some market watchers projecting fee-based income to reach as high as $700 million per annum.
09/13/2021
Coutts recognised by HRH The Princess Royal for training excellence
During one of the toughest times in history due to the pandemic, Coutts used training to address and adapt to changing business needs.
09/13/2021
Ralph Hamers' Freshman Year at UBS
His countanance as a confident leader of transformation slipped, only briefly, when asked about the possibility that criminal charges in a revived money laundering investigation might be levied against him.
09/13/2021
Pictet Asset Management Launches First Qualified Domestic Limited Partnership Fund in China
The fund is an absolute return long/short credit strategy, focusing on financially stressed and distressed companies, predominantly in Europe.
09/13/2021
Shoreline Wealth Management Launches
They are joined by office support staff member Brittany Forte.
09/12/2021
Ruffer launches its first new fund in a decade
Diversified Return fund is a daily liquidity version of its flagship total return fund
09/10/2021
Schroders and BlueOrchard’s climate impact strategy rapidly attracts $100 million
The Fund’s investment will help to facilitate the company’s growth as a provider of climate-smart solutions in a rapidly growing market.
09/10/2021
WealthManagement.com Recognizes Top Companies at 2021 Industry Awards
The seventh annual event featured 93 awards presented to 71 companies from a pool of 221 finalists.
09/10/2021
How wealth firms can tackle the next-gen client conundrum
Substantial business could walk out of the door if relationships are not built early enough
09/10/2021
China Wealth Connect With Hong Kong to Kick Off Next Month
Wealth Connect targets affluent region with 70 million people
09/10/2021
Quilter International: Nearly half a million people issued British National Overseas passports
This has seen 64,900 BN(O) visas applied for during the first two quarters of this year according to the National Statistics from UK Home Office.
09/10/2021
Indebted China Evergrande vows to repay all matured wealth management products
Sources told Reuters on Thursday that some creditors had agreed to extensions on loan repayments, but market watchers say that may only buy the company a short period of time.