03/18/2020
Top 50: WMs reveal how they improved their fund selection process
Wealth managers explain how their fund selection process has developed while their company grows.
Wealth and Asset Management
03/18/2020
Syz’s Clements sees flagship fund slip to 15% of size he inherited
Clements was last rated by Citywire in July 2018
03/18/2020
EdR records CHF 43.9m net profit and proposes CHF 50m dividend
As part of the changes, Edmond de Rothschild (France) was also absorbed by the Swiss entity. According to the bank this resulted in expenses going up by 14% in 2019.
03/18/2020
Weeks where decades happen by Tim Price
If this were just a time of Brexit, or the last election, my disdain for the British media might matter, but not that much.
03/18/2020
Wall Street’s New Virtual Workplace May Outlast the Virus
That’s likely to hearten working parents who’ve struggled to persuade managers to let them log in from home, as well as many younger recruits at ease doing things digitally.
03/17/2020
Post-QE Investing: What Say the Private Banks?
Despite the optimism, the bank does not rule out a worst-case scenario triggered by a third black swan – a credit crunch
03/17/2020
Citi seeks 10% growth in its Asia retail wealth unit
The retail banking business in the region remains one of the bank’s revenue drivers, generating USD4.4bn in revenue in 2019, up 4%, and USD1.04bn in profit, up 11%.
03/17/2020
Lombard Odier’s Asia Pacific CIO on Discipline, Institutional Rigour and A Clear Vision Ahead
Nakamura believes the key for the private banks must be engagement with and retention of their clients.
03/17/2020
Max von Liechtenstein: «Corona Separates Wheat from Chaff»
LGT seems to be faring well in the early stages of the crisis: Prince Max said the bank had taken in new money in the first two months of 2020.
03/17/2020
Coutts And The Business Growth Fund’s Launch Of The UK Enterprise Fund
The Ashurst team will be advising in relation to potential future investments, to cover fund structuring, regulatory and tax considerations.
03/17/2020
Sanlam Wealth opens new office in Royal Tunbridge Wells
Sanlam, formerly Principal, have had a presence in Kent since 1987. Sanlam bought Principal in 2010, with the firm rebranded in 2012.
03/17/2020
A path through the bear market by Rathbones
Now the World Health Organisation has declared a pandemic and condemned Western governments for inadequate medical responses and social distancing protocols.
03/17/2020
Wealthy JPMorgan Clients Missed Trading Day Chaos During Platform Outage
This left a good number of customers unable to do anything but watch their portfolios drop in value before their very eyes. Luckily, Friday saw the return of these systems, and trading has been smooth ever since.
03/17/2020
Why Morgan Stanley’s Stock Will Likely Outperform The Market Post Coronavirus
The sell-off in Morgan Stanley’s stock reflects the growing concern among investors
03/17/2020
James Hambro & Partners Selects InvestCloud for Digital Transformation
Global FinTech firm will provide digital client communication, automation and management capabilities
03/17/2020
Art as an asset: IQ-EQ speaks to LINK Management's Aude Lemogne
Today’s high-net-worth families are increasingly mobile with assets spanning multiple jurisdictions.
03/16/2020
Swiss Banks Mull $21 Billion Loan Program for Small Businesses
Credit Suisse leads effort to aid businesses harmed by virus
03/16/2020
Fund managers spot rich pickings in wealth market
Clients are accustomed to paying higher fees for personalised service and are less skittish
03/16/2020
Brooks on the lookout for acquisitions
Brooks would also ensure the firm had "good economics" and the right culture so the companies could integrate, while Ms Connellan added one of the "great possible outcomes" of acquisitions was the people who transfer over and the good
03/16/2020
HSBC Joins WealthiHer Network Asia
HSBC Private Banking takes gender equality in entrepreneurship seriously