10/25/2019
People’s finances are an emotional topic
It is so important women know about their finances, they live longer than men, they retire with less super and need to be invested for longer.
Wealth and Asset Management
10/25/2019
Whisky fund opens up to UK wealth managers
A Sweden-listed whisky fund is to try and raise capital from UK wealth managers and family offices
10/25/2019
Lombard Odier wins first Islamic finance award
The Islamic Business & Finance awards benchmark the top performers in a rapidly growing industry.
10/25/2019
Succession gains £500m AUM with adviser acquisition
Underpinning Succession’s ongoing focus on profitable, nationwide expansion and integration of large-scale businesses
10/24/2019
State Media Cautions Against Bragging About Chinese Wealth
China's GDP per capita is still below $10,000.
10/24/2019
AMP sees record outflows from wealth management products
The outflows were driven by A$600m in pension payments to clients and a further A$200m in in payments as a result of the introduction of the ‘Protecting Your Super Legislation’
10/24/2019
Profile: the new wealth gatekeeper with £100m ambitions
With almost three decades at Coutts between them and senior positions at two major private banks Samik Mukherjee and David McLellan decided to take a chance on going solo
10/24/2019
Schroders to take over as manager of Woodford investment trust
Neil Woodford resigned from eponymous investment vehicle earlier this month
10/24/2019
Rothschild & Co acquires advisory firm
Livingstone provides M&A, debt and special situations advice to entrepreneurs, and private and private equity-backed companies in the mid-market segment.
10/24/2019
Brooks Macdonald sees £28m of ouflows
Modest FUM growth, continued focus on efficiency, on track to meet full year expectations
10/24/2019
Coutts and Adam & Co get record Natwest referrals
Coutts and Adam & Co recorded the ‘best year yet’ for referrals from Natwest Commercial Banking, with 30% of new clients coming from the wider group.
10/24/2019
Swiss Life AM buys sustainable energy boutique
Renewables and efficient use of energy offer especially attractive investment opportunities.
10/24/2019
Morgan Stanley Wins Three Industry Awards
Modern Wealth Platform (WealthDesk), Portfolio Risk Platform and Morgan Stanley Impact Quotient are cited
10/23/2019
UBS reports fall in Q3 wealth management profit
The group’s operating income dropped 5% year-on-year to $7.09bn, while operating expenses increased from $5.72bn to $5.74bn.
10/23/2019
Finnish VC’s family office acquires stake in Augustus Capital AM
It will also permit the expansion of our offer to new sectors and geographic areas, bringing a truly international dimension to Augustus.”
10/23/2019
12 Top US Wealth Management Firms
The firms were measured by client assets per firm, defined as discretionary and advisory assets under management as well as non discretionary brokerage assets and non discretionary assets that are held in custody-only accounts for private clients.
10/23/2019
Refinitiv enhances its wealth portal solutions via addition of widget capabilities
The new digital tools deliver a customizable suite of widget capabilities designed to support the experiences of wealth management firms on Refinitiv’s portal.
10/23/2019
More Focus by 'Family Office' Investors on Real Estate is Boosting the Demand of Luxury Real Estate in Miami
This is mainly because family offices are doubtful about the ability of hedge funds to protect funds in times of economic slowdowns.
10/23/2019
High net worth individuals think change in government threatens their finances
The research also finds that almost half of HNWIs consider a deterioration in their non-financial wellbeing, including good physical and mental health
10/23/2019
Broadway Bank’s Wealth Management Team Delivers Innovative Solutions, Personal Service
Broadway Bank’s decades of success in wealth management have been built upon its core philosophy of a “you-focused” approach, which puts clients and their needs at the forefront of the bank’s mission.