12/30/2020
Postponement of Joint Special Meeting of Shareholders of Certain Eaton Vance Closed-End Funds and Notice that Such Special Meeting Will Be A Virtual Meeting
Shareholders will not be able to attend the Meeting in person.
Wealth and Asset Management
12/30/2020
Spacs boom - soon in Switzerland too?
The shell companies are listed in reserve in order to buy private companies that are brought into the shell.
12/30/2020
Top 10 RIA M&A Transactions In 2020
The average AUM acquired per transaction grew to more than $1.8 billion, a 24% increase over last year’s average of $1.5 billion, the highest annual average to date.
12/30/2020
3 Financial Resolutions to Prepare Your Investments for the New Year
On liquidity, Haefele writes, the goal should be to set aside enough cash, bonds, or credit lines to cover the cash flow that would otherwise be pulled out of your portfolio over the next two to five years.
12/30/2020
Outsourcing: are banking jobs coming back due to Corona?
The lockdowns and the digitization surge during the corona crisis have shown that the outsourcing of operations to other countries makes banks vulnerable
12/30/2020
A Reinvented Hong Kong Is Emerging to Become A US$3 Trillion Financial Services Wealth Management Hub
Today Dezan Shira & Associates is now living in its fifth office location and currently employs about 30 staff in the city.
12/30/2020
Breakingviews - HSBC breakup will turbocharge CEO’s Asian pivot
The division’s $21 billion in consumer loans implies a tangible book value of $1.6 billion, based on the capital typically carried by other U.S. retail banks.
12/30/2020
Working for a Shrinking Asset Manager Is No Fun
The logic that compelled Standard Life and Aberdeen to merge is still persuasive.
12/30/2020
EM local bonds shine in a low-yield world
With developed market yields stuck at zero, EM local bonds look increasingly attractive, especially given these economies' strong fundamentals.
12/30/2020
Swiss Finance's Biggest Moves of 2020
The case of Georg Wohlwend in neighboring Liechtenstein illustrates just how quickly: the chairman of Liechtensteinischen Landesbank, or LLB, stepped down suddenly last month amid an insider trading probe.
12/29/2020
Going Multi-Asset and Emulating the Funds Sector is the way Forward for 2021
This share, listed in London, should be a reasonably straightforward way to double your money in 2021.
12/29/2020
Wells Fargo: Pandemic Brings Heightened Awareness to Need for Planning
Wells Fargo/Gallup survey finds more people developing estate plans, though large percentage remain without a will or estate plan
12/29/2020
Wealth Management Firm Addepar Reveals that Investors turned Bearish on Equities for Record 7 Consecutive Months from April to Oct 2020
The wealth management firm confirmed that they’ve introduced their Addepar ISI (methodology available here), which uses “portfolio-level” transaction data to assess investor sentiment.
12/29/2020
2021’s major investment risks – but why it could be a year of massive opportunity
It comes as investors around the world focus on rebalancing portfolios for 2021, after a year no-one expected.
12/29/2020
Why philanthropy is the sexiest thing you can do in 2021
Especially on social media, if you want to be sexy this 2021, you need to get philanthropic.
12/29/2020
Global banks generate record $125bn fee haul in 2020
Capital markets businesses boosted by frenzy of share and debt sales during pandemic
12/29/2020
Taking stock of a remarkable year in asset and wealth management
Analysts and executives expect the wave of consolidation to carry into next year as sheer scale has become a necessity for fee-pressured investment managers looking for an edge.
12/28/2020
UK's biggest financial firms have given boards near-80% pay rise since 2009
Shareholder advisers and high pay campaigners call for greater transparency on director fees
12/28/2020
Forbes Wealth Management Awards 2020: Goldman Sachs Invades Main Street
Kitces is a well-known commentator on wealth management and publishes the Kitces Report and industry blog Nerd’s Eye View.
12/28/2020
Diversity In Wealth Management Still ‘Awful,’ Advisors Say
While his experience has changed, he says it is likely new or younger advisors who look like him who still have to deal with these same issues, something he recognizes he rarely has to put up with anymore.