07/14/2021
Wells Fargo to Announce Second Quarter 2021 Earnings on July 14, 2021
The Company will host a live conference call on Wednesday, July 14, at 11:30 a.m. Eastern Time.
Wealth and Asset Management
07/14/2021
BlackRock smashes profit estimates as assets reach a record almost $10 trillion
The investment titan racked up $81bn total net inflows in the second quarter of the year, driven by higher investments across its funds, with exchange-traded funds (ETFs) remaining the most popular.
07/14/2021
Citi rolls out self-directed investment offering
The offering will expand in the coming months to provide access to additional types of investments, including mutual funds.
07/14/2021
SJP to overhaul funds with eight fresh managers
SJP will also look to improve its Alternative Assets fund and Japan fund that were placed on watch this year.
07/14/2021
265% rise in UK wealth and asset management M&A deals in a year
Total value of transactions in the industry increased to £6.1bn in H1 2021
07/13/2021
Credit Suisse and JPMAWM partner for sustainable nutrition strategy
The world’s food systems are responsible for 20% of global greenhouse gas emissions, say the banks.
07/13/2021
Liechtenstein fund manager launches in Australia
The fund invested predominantly in private markets, such as private equity, real estate, infrastructure and private debt as well as liquid alternatives including insurance-linked strategies, hedge funds and alternative risk premia.
07/13/2021
UOB Asset Management sees surge in online corporate investing
orporate investors can also choose the Fund Direct[4] service to build and to manage their own portfolio of funds.
07/13/2021
Raymond James Hiring Binge Nets 12 Advisors With $2.2 Billion
The recruiting binge comes as South Florida takes on an increasingly important role in the wealth management industry.
07/13/2021
Buy the Inflation Dips
Lower US 10 year yields due to technicals – inflation still alive
07/13/2021
Credit Suisse's ratings downgraded by Moody’s
Moody's referenced exposure to Greensill Capital as a contributing factor.
07/13/2021
Dolfin Financial clients transfer to Britannia
Administrators have agreed terms for the transfer of 280 clients to full-service broker Britannia.
07/13/2021
Navigating credit opportunities in a recovering world
Beside quality deterioration in certain rating buckets we also expect a faster pace of downgrades in some sectors.
07/13/2021
Canaccord Genuity WM removes VAT from MPS range
Follows HMRC ruling change
07/13/2021
BlackRock Makes Minority Investment in SpiderRock Advisors
Expands access to personalization and tax-management capabilities for wealth separately managed accounts
07/13/2021
IQ-EQ trio named in the Channel Islands 2021 eprivateclient 35 under 35
The eprivateclient Top 35 under 35 list aims to identify, recognise and promote the rising talent of the private wealth industry across The Channel Islands.
07/13/2021
Swiss Banking's Sleeping Sustainable Billions
It chose as its partner for the listing the Zurich branch of French bank Société Générale which is on the same street.
07/13/2021
JPMorgan has big wealth-management growth plans
Still, bank execs cautioned that loan growth could remain sluggish because consumers have been saving more, paying down debts like credit cards and mortgages, and borrowing less.
07/12/2021
Charles Stanley Says Funds Under Management, Administration Rose in 1Q
The company said its three divisions posted revenue increases, with financial planning and the newly-created central financial services divisions growing at double digits.
07/12/2021
NAB tips $20m into private wealth renovation
ESG integration is now a non-negotiable for private wealth firms, she added.