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Wealth and Asset Management

04/11/2022

Morningstar Announces Nominees for 2022 Morningstar Awards for Investing Excellence

The awards recognize portfolio managers and asset management firms who demonstrate excellent investment skill and an alignment of interests with the strategies' investors.

04/11/2022

This bank is selling its Russian subsidiary to an oligarch

With the sale, however, much greater risks will probably disappear from the balance sheet. In any case, the news of the exit from the Russian business caused the SocGen shares to jump by up to 8 percent at times.

04/11/2022

SJP: Academy is 'meaningless' unless firm becomes more relevant

Payne explained that SJP has a large body of affinity partnerships for charitable foundations and has the opportunity to present career avenues.

04/08/2022

ADDX to Offer Private Market Plays to Wealth Managers

ADDX lowers costs by automating manual processes.

04/08/2022

Credit Suisse publishes restated historical financial information reflecting new divisional reporting structure

In addition, Credit Suisse will be providing regional reporting for certain metrics.

04/08/2022

Goldman Sachs offers former partners exclusive access to ‘1869 fund’

Vehicle for ex-members of elite group has raised $1bn and invests in alternative assets

04/08/2022

Zurich private bank launches private equity investment vehicle with Partners Group

The focus module is available to Maerki Baumann's clients and is actively managed.

04/08/2022

LUKB expects flat profits for 2022 as CEO brands markets ‘volatile’

The bank recorded CHF 419m in net new money in the first quarter.

04/08/2022

UBS Sets Up Diversity Focused Investment Team

By responding to client requests for investment options that reflect personal values and are aimed at social good

04/08/2022

Mattioli Woods chief offloads £1.2mn of shares

Mattioli Woods chief exec makes his third share sell this year

04/08/2022

What this private banking chief really looks for in new hires

‘This job, at its heart, is about trust’. David Durlacher believes the pandemic has reshaped relationships but some skills persist.

04/08/2022

Sanctuary expands footprint with NYC office launch

The New York office will allow the firm to cover the whole of the US with a particular emphasis on the Tri-State area, said Dickson.

04/07/2022

Merit Financial Advisors continues acquisition spree with double deals

This transition will allow our team to centralise select operations, deliver economies of scale and provide more time for my team to personally connect with clients and prospects.

04/07/2022

Coutts and NatWest launch accelerator for gaming and social media entrepreneurs

The programme will be delivered in partnership with the NatWest Accelerator which is rated by Beauhurst as the top UK Accelerator by size and growth and formally endorsed by the ScaleUp Institute.

04/07/2022

Ares Launches Private Markets Fund Focused on Investing in Private Equity through Secondary Market Transactions

Offers Individual Investors Access to a Diverse Portfolio of Leading Private Equity Sponsors’ Fund Investments to Complement Ares’ Existing Alternative Investment Products

04/07/2022

Unifimoney raises $10m for digital wealth management platform

Roadmap includes an investment rewards credit card allowing customers of Financial Institutions to earn points that can be redeemed for investable assets like crypto, stocks and gold.

04/07/2022

Saltus acquires Hertfordshire IFA as founder calls time

Saltus is buying Bushey IFA NSL Wealth as its founder Syd Symonds retires.

04/07/2022

Advisers forced to withdraw from Abrdn fund after error

The fund was incorrectly made available on Quilter’s platform for more than a year.

04/07/2022

Raymond James CEO: ‘We knocked on Charles Stanley’s door for seven years’

PODCAST: Paul Reilly said the challenges of the deal were the ‘worst of both worlds, but it was worth it’, with the firm being both family-owned and listed.

04/07/2022

Vontobel Attracts More New Money

Vontobel estimates the share of Russian and Belarusian discretionary mandates

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