03/13/2020
UBS Wealth cuts emerging market stocks bet
Emerging market stocks and currencies fell further on Thursday, with some Asian bourses hitting circuit breakers.
Wealth and Asset Management
03/13/2020
UK wealth manager Brooks Macdonald reports rise in profit
Brooks Macdonald CEO Caroline Connellan said: “I am delighted with the progress made during the first half."
03/13/2020
Investec pulls offer of minority stake in Ninety One amid market chaos
The group said it would not go ahead with the global offer to sell a stake of around 10%, but would press on with the demerger and listing.
03/13/2020
Beat the bear by staying calm, investors urged
The economist, whose influential market musings enjoy a cult-like following among financial advisers and retail investors across the country, strongly warned against joining the global sell-off in equities markets.
03/13/2020
Quilter 'confident' about replatforming after learning from rivals
When Quilter terminated its contract with tech provider IFDS and switched to FNZ in May 2017 it said it had spent more than £200m on the platform, and expected to spend about £160m more.
03/13/2020
Wealth managers ask rich clients to stump up more against loans
UBS and Credit Suisse are among those seeking extra collateral from wealthy customers as markets tumble
03/12/2020
As Coronavirus Spreads, Wealth Managers Adjust
Morgan Stanley said an employee at its Purchase, N.Y. office, which houses much of the company’s wealth management operations
03/12/2020
S.Africa's Sanlam FY earnings fall 19%
Its net operational earnings - a new performance measure it introduced in the results, expanding on its previous measure of operating profit - grew by 14%.
03/12/2020
International Wealth Management Firm Launches Spanish Logistics Fund
Swiss based wealth management firm, Spearvest, acting as Investment Advisor, has completed its first Logistics acquisition in Zaragoza, Spain
03/12/2020
Fanning fear by Paul Donovan
Although China's domestic economy is recovering, the global situation challenges external demand.
03/12/2020
Cybersecurity challenges for family offices: FWR Family Office Fintech Summit
Wealth owners place a premium on personal privacy, and family office have a responsibility to protect not only their clients’ assets but also their confidential information.
03/11/2020
Quilter plc reports 3% growth in adjusted profit before tax to £182 million
Quilter plc preliminary results for the year ended 31 December 2019
03/11/2020
PURE Honored as Best High Net Worth Insurance Company at the 2020 Private Asset Management Awards
The winning organizations were selected based on both quantitative and qualitative performance over the last year.
03/11/2020
Mattioli Woods purchases national wealth manager
Culturally and strategically, Hurley Partners is a great fit, serving a similar client base to our existing business.
03/11/2020
Preserving Wealth: Putting structure in a virtual family office
Now firmly established as the client’s trusted advisor, Vistra now plays a leading role in the continued wealth creation and prosperity of the client.
03/11/2020
Rothschild & Co: 2019 – Full year results release
Our Wealth & Asset Management business continues to attract new clients thanks to our long-term investment approach.
03/11/2020
Mattioli Woods acquires Hurley Partners in £25.6m deal
Hurley Partners’ experienced management team will be retained by Mattioli Woods following the acquisition.
03/11/2020
Which asset managers rank the highest for ESG?
ShareAction ranks 75 global asset managers on ESG practices
03/10/2020
Close profits down 8% as CEO search continues
The performance of the group continued to demonstrate the consistent application of our business model in a period of lower activity in the UK economy.
03/10/2020
Asset managers failing to lead the way on responsible investment
No stand-out leaders in the space, research reveals