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Wealth and Asset Management

10/28/2020

Switzerland-based asset manager selects Northern Trust

Group’s Focus on Expanding its Range of Sustainable Solutions Aligned with Environmental, Social and Governance Criteria

10/28/2020

Deutsche Bank swings to surprise profit in third quarter

Our more focused business model is paying off and we see a substantial part of our revenue growth as sustainable.

10/28/2020

Families demonstrate commitment to improving environmental outcomes and reducing inequality

This is particularly interesting when you consider that, to the untrained eye at least, you could presume our clients to be inclined to prioritise returns over values.

10/28/2020

Here’s how European private bank LLB is looking to grow in the GCC

Gulf Business speaks to Ludovic Pernot, head of Private Banking Middle East at LLB, on the Covid crisis and plans ahead

10/28/2020

The Great Reset by Tim Price

“If you’ve ever wondered which side you’d be on in 1930s Germany, now you know.”

10/28/2020

Wells Signs Two $2-Mln-Plus Brokers from Merrill, UBS

Littlejohn, a 31-year industry veteran who was in Merrill’s private wealth management unit for ultra-wealthy clients, left three other advisors who remain with the Thundering Herd.

10/28/2020

Prudence Urged As Families Transfer Wealth Ahead Of The Biden Blue Wave

Biden has announced several proposals to raise taxes on high-income people and businesses.

10/28/2020

Mizuho veterans launch green energy-focused firm

New boutique will target developments designed to aid transition to green energy.

10/28/2020

Butterfield Reports Third Quarter 2020 Results

The core return on average tangible common equity for the third quarter of 2020 was 16.2%, compared to 15.5% for the previous quarter

10/27/2020

HSBC Holdings plc 3Q 2020 Earnings Release

Results in 3Q20 included our share of an impairment of goodwill by our associate, The Saudi British Bank (‘SABB’), of $0.5bn.

10/27/2020

St James’s Place net inflows slow amid ‘challenging’ environment

Funds under management at record high of £118.7 billion

10/27/2020

UAE bank unveils wealth offering for emerging affluent clients

It is an ‘increasingly important segment’ that is ‘expected to grow 5% per year’

10/27/2020

Weatherby’s questions ‘home bias’ of UK stock market investors

Many investors are guilty of ‘home bias’ – having too much money in their own nation’s markets relative to the size of that nation’s market in global terms.

10/27/2020

Charles Stanley adds 5-star managed portfolios to AJ Bell platform

AJ Bell announced the first third-party Managed Portfolio Services to be added to its adviser platform in August, to sit alongside the AJ Bell MPS.

10/27/2020

UBS teams up with VC firm and launches CHF 180m fintech portfolio

UBS Next will invest directly into early-stage fintechs and other tech firms.

10/27/2020

Rothschild & Co AM signs distribution agreement for alts Ucits platform

As a result, the fund management company will take over the InRIS alternative Ucits platform, becoming the exclusive distributor.

10/27/2020

Fairstone chalks up another acquisition, adding 850 clients

A client agreement accessible on Fairstone’s website reads: “Information provided by Fairstone Private Wealth may form part of a recommendation we make to you.

10/27/2020

ZEDRA’s Eyes Firmly Set on Rapid Asia Growth amidst Global Expansion

Bart comments that the whole evolution of trust and trust services in Asia is set against an increasingly difficult and onerous regulatory environment worldwide.

10/27/2020

From rugby star to financial adviser

SJP partner practice owner says targeting the sporting sector for future employees ‘is a no brainer’

10/26/2020

UBS’s Ermotti Says Reviving Payouts Best Part of Reign as CEO

UBS also has to navigate its return to paying dividends after a de-facto ban on payouts for Europe’s banks.

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