05/20/2021
Greensill Clients Put Hope in New Credit Suisse Chairman
The bank has managed to liquidate about half of the funds and return some money to investors.
Wealth and Asset Management
05/20/2021
Performance fee boom puts Liontrust on track to bust forecasts
Stronger-than-expected performance fee revenue of £13.7m leaves Liontrust on course to beat its annual targets.
05/19/2021
Swiss giant snaps up St Albans DFM for ‘UK springboard’
VZ Group has taken a majority stake in Lumin Wealth, and plans to buy all shares in the company within five years.
05/19/2021
Public trust in Swiss banks soars amid pandemic
Swiss people’s trust in their country’s banks is at its highest in 20 years, boosted by Covid credits and a commitment to sustainability, according to a new survey.
05/19/2021
BMO Global Asset Management Announces Cash Distributions for Certain BMO Exchange Traded Funds
Unitholders of record of the BMO ETFs at the close of business on May 27th, 2021 will receive cash distributions payable on June 2nd, 2021.
05/19/2021
Julius Baer Assets Rise Despite Trimming Plan
Julius Baer discloses four- and-ten-month results to investors for regulatory reasons, but reveals few specifics such as profit or revenue.
05/19/2021
UBS Starts Round of Job Cuts Across Investment Bank, Wealth
Restarts wealth management cuts, sees hundreds of Swiss cuts
05/19/2021
FCA approves US private equity acquisition of AFH
The Acquisition and Scheme, which were approved by AFH Shareholders on 26 March 2021
05/19/2021
Davy bids top €475m as post-scandal review continues
Bank of Ireland widely seen as most likely buyer of breacher of market rules
05/19/2021
Bellevue Flags Bump in First-Half Profits
Bellevue said its assets rose by nearly one-third on the 10 billion francs it managed at this time last year.
05/19/2021
Hamilton Lane Expands Institutional and Private Wealth Presence across Europe
Hires Institutional Private Markets Executive Ralph Aerni to Lead European Sales Efforts
05/19/2021
Neuberger Berman unveils Eltif to bolster private markets push
Asset manager expands reach of non-traditional investments through new strategy.
05/19/2021
J Stern & Co surpasses USD1bn AUM
The firm also manages a Multi-Asset Income strategy and an Emerging Markets Bond strategy.
05/18/2021
Rockefeller Capital Management Expands Private Wealth Business
The team joins from UBS and will report to Managing Director Michael Parker who heads the company’s Northeast Division.
05/18/2021
Brexit: UK SMEs beginning to better understand impact
Further results indicate that 39% of respondents’ ability to import goods from the EU had been impacted
05/18/2021
EBRD and EU join forces with Raiffeisen to boost small businesses in Kosovo
This new facility is part of the Western Balkans SME Competitiveness Support Programme, to which the EBRD provides loans and the EU contributes incentive payments and technical assistance.
05/18/2021
Wealth managers failing to adapt to ESG needs face client exodus
Based on a detailed survey of 2,500 wealth management clients in 21 geographies, the 2021 study from the Big Four firm found that clients are now investing for purpose, and looking beyond return on investment in purely financial terms.
05/18/2021
Edmond de Rothschild plans to double assets in deals push
President Ariane de Rothschild sets out ambitions as Amundi’s chair Yves Perrier joins board
05/18/2021
Citi Has Hired 650 Wealth Professionals for Asia Operations in 2021
Citi added more than $5 billion in net new money in Asia in the first quarter, marking one of the bank's strongest quarters on record.
05/18/2021
Swiss giant enters UK market with adviser purchase
Lumin's management is committed to develop the company further together with their new partners.