10/21/2019
Wealth management isn't aging well, more WeWork drama, and a private meeting with Elon Musk
That comes as many big financial firms look to wealth management as a big business opportunity.
Wealth and Asset Management
10/21/2019
Rebecca Bettany Shortlisted for Spears Wealth Management Awards 2019
The nominees are selected on the basis of a year’s worth of research that has been carried out to produce the market-leading Spear’s Indices.
10/21/2019
Zurich WM to open first office outside of Switzerland
It will primarily serve as an outlet for connecting with clients in the region.
10/21/2019
Investing Beyond Brexit
Economic data suggests that the business cycle is turning and economic growth in China is set to accelerate.
10/21/2019
Vontobel launches trade conflict certificate
In the most likely scenario from the experts' perspective, the trend towards shorter trade routes could make Latin America an attractive production location for the USA and Southeast Asia an attractive location for China.
10/21/2019
SEI Investments: A Wonderful Business At An Attractive Price
"We believe that SEI Investments will continue to see multiple industry tailwinds to drive the growth of the total market."
10/18/2019
HSBC GAM launches passive fixed income fund
Both objectives are achieved by leveraging the expertise of HSBC Global Asset Management's active fixed income teams
10/18/2019
Multi-Asset Manager of the Year — Newton Investment Management
Despite a difficult year for multi-asset managers, Newton delivered solid performance over the 12 months in review.
10/18/2019
Schroders takes top prizes at FN’s Asset Management Awards
UK-listed fund manager has had a year of transformation, having struck several deals and expanded its North American and alternatives businesses
10/18/2019
Morgan Stanley’s Revenue Growth Rate Will Be Notably Lower Over Coming Years
In 2019, Morgan Stanley’s Institutional Securities division is expected to contribute roughly $19.3 billion (48%) to its Total Revenue estimate of $40 billion, which is 4% less than the 2018 figure of $20.1 billion.
10/17/2019
Merrill Adds Advisors, New Clients
These salaried employees work in Bank of America branches or at call centers, where they assist clients of the Merrill Edge digital offerings.
10/17/2019
GAM Holding AG: Interim management statement for the three-month period to 30 September 2019
In multi asset, net outflows totalled CHF 0.3 billion, driven by redemptions from institutional and private clients.
10/17/2019
Deutsche's Wealth Head Seeks Growth in Turmoil
Campelli, who previously hammered out strategy for investment banker and former co-CEO Anshu Jain, has considerable resources.
10/17/2019
Singapore Wealth Managers Merge
The firm's investment team will be led by co-chief investment officers Sylvain Baude and Oliver Destandau
10/17/2019
Wealth Advisor snaps up CPIC International
Acquisition expands EP Wealth’s presence in the San Francisco Bay area and bolsters in-house investment management expertise
10/16/2019
Credit Suisse Looks to Add More Advisers to Billionaire Clients
The international wealth business has focused on Latin America, Europe, the Middle East and Africa and was led until recently by Iqbal Khan, who moved to UBS at the beginning of this month and was replaced by Wehle.
10/16/2019
JPMorgan wealth income dips in third quarter
JPMorgan chairman and CEO Jamie Dimon said that in “Asset & Wealth Management, both AUM and client assets were a record helped by strong net inflows into long-term and liquidity products”.
10/16/2019
Banca Generali completes the acquisition of Valeur Fiduciaria S.A.
The deal is part of Banca Generali’s wider private-banking internationalisation and growth strategy launched with a view to strengthening the range of services offered
10/16/2019
Arbuthnot wealth planning fee shake-up hits profit
Arbuthnot’s wealth planning division is on course for a full-year loss following a shake-up of the company’s fee structure this summer
10/16/2019
Next Gen: Camilla Cecil, James Hambro & Partners
This week we chat to Camilla Cecil, portfolio manager at James Hambro & Partners. We found out what her worst investment decision was living in London as well as what three unusual people she would invite to dinner.