10/23/2020
Nucleus recoups pandemic losses
The results show the platform experienced £553m of negative market movements over the nine months as the coronavirus crisis saw global markets tumble.
Wealth and Asset Management
10/23/2020
Barclays recovers as bad debt charges fall
In the first nine months Group income increased 3% to £16.8bn with pre-provision profits4 increasing 9% to £6.9bn.
10/23/2020
Creative Uses for Captives in a Hard Market: A Practical Case Study
Most captive owners will have a well-established Enterprise Risk Management (ERM) process which is an integral part of managing their business.
10/23/2020
Swiss Private Bank Quintet sets its sights on Asia
In addition to serving as a Director at Edmond de Rothschild Family Advisory in Hong Kong, Zhang Brogle also served as CEO of the Swiss bank’s Hong Kong branch.
10/22/2020
Quilter plc Third Quarter 2020 Trading Statement
Quilter Investment Platform transformation project on track with around 80% of platform assets to be migrated by year-end.
10/22/2020
Wealth Management for High-Net-Worth Individuals
Zoe Financial is the premier network when it comes to matching high-net-worth individuals with their ideal wealth manager.
10/22/2020
Digital and Innovation: Societe Generale strengthens its leadership to co-build the bank of tomorrow with its clients
A long-term strategy based on two pillars: technology and innovation
10/22/2020
AMP Limited Q3 20 AUM and cashflows update
As we move into the second year of our three-year strategy, we are accelerating our business transformation, and continuing to mitigate our legacy issues
10/22/2020
Wealth Management Continues To Shine For Morgan Stanley, Bank Of America Despite Recession
With its 15,469 advisors, the firm reported net revenues of $4.657 billion in its wealth management division which was flat from the second quarter but up 7% from the third quarter of last year.
10/22/2020
AJ Bell reports strong financial year driven by platform business
D2C growth particularly strong
10/22/2020
Wall Street forecasts more asset managers will merge to survive
"After having been through a real scare with the COVID cycle, when there was another big market correction, people realized that it's time to think about where the industry ends up in five years."
10/22/2020
FundCount Wins Best Client Accounting for Third Year in a Row
Comprehensive view of wealth and nested entity control center deliver winning combination
10/22/2020
The benefits of signposting and why SJP acquired Future Proof
‘Either write it or refer it. Do not ignore it’
10/22/2020
SEI Reports Third-Quarter 2020 Financial Results
Words can’t express our appreciation for their efforts, along with all of the healthcare and service providers who look after our health and well-being,” said Alfred P. West, Jr., SEI Chairman and CEO.
10/22/2020
Asset managers in $300bn drive to build private lending funds
Investors switch focus to credit funds as alternative to public markets flooded with stimulus money
10/21/2020
Swiss finance women who only celebrate abroad
Among them are well-known "stars" such as Leda Braga, the boss of the Geneva-based hedge fund Systematica Investments
10/21/2020
Struggling GAM reports more outflows
Firm fully adapted to a flexible and agile way of working for the long term
10/21/2020
UBS Americas Wealth Management Profits Jump
The unit, which focuses primarily on the U.S., reported record third-quarter profit before taxes of $371 million, up 12% from the year-earlier quarter.
10/21/2020
Pictet granted HongKong licence
After the granting of a banking licence to BPSA, the number of licensed banks in Hong Kong is 164.
10/21/2020
Hightower Invests in $800 Million Texas Wealth Manager
Hightower offers independent-minded advisory businesses a capital-rich partner and customizable suite of services