04/24/2020
US banks prioritised wealthy clients for SME rescue loans
Customers of Citi’s private bank, where the minimum account size is $25m, didn’t have to use an online portal to apply for a loan.
Wealth and Asset Management
04/24/2020
Coutts London Prime Property Index Q1 2020
The market rebound continued in the first quarter, but coronavirus brought everything to a standstill.
04/24/2020
J. Safra Sarasin hunts for multi-asset PMs in Basel and Zurich
The portfolio manager for the multi-asset institutional team in Zurich will be responsible for implementing investment decisions within funds and mandates
04/24/2020
Alternative Fund Managers Invited To Present TO UHNW Family Investors WITH Campden Wealth Online
Now Campden has responded to demand and will launch a limited showcase for a number of funds to provide updates and opportunities for investors.
04/23/2020
Private Banking Insights: the anonymous client days are over
While private banks are often accused of being secretive, there has been some cultural shift in recent years.
04/23/2020
Credit Suisse profit jumps, beating forecasts
Pretax profit rose 13% but, excluding the gains on the fund platform and major provisions for litigation, it fell 11%.
04/23/2020
Stonehage Fleming makes acquisition
Four members of the Cavendish senior fund management team will transfer to Stonehage Fleming and continue to manage these funds.
04/22/2020
Dunstan Thomas acquires investment platform as it expands into wealth management
Chris Read, group chief executive at Dunstan Thomas, explains: “Platform Action brings a terrific combination of top flight strategic IT expertise as well as broad delivery capability and very deep platform domain expertise.
04/22/2020
Citigroup Cutting Ties With Anthony Scaramucci’s Hedge Fund of Funds
Move follows a loss of more than 20% in March by SkyBridge’s flagship fund
04/22/2020
Hiring a Wealth Management Team
The important considerations for any affluent family looking to make the best and most well-informed decision about with whom to entrust their wealth.
04/22/2020
Ramadan: how to do business in the Middle East during the holiest month
Economist Samer Sunnuqrot estimates the productivity of workers declines in the holy month by 35-50% as a result of shorter working hours
04/22/2020
Gold Is Heading for $3,000, Bank of America Says. ‘The Fed Can’t Print Gold.’
And right now people want to own gold.
04/22/2020
JTC Reports Continued Disciplined Growth For 2019
JTC acquired Exequtive Partners in Luxembourg and small bolt-ons in the Cayman Islands and Netherlands
04/22/2020
Spotlight on succession planning in Africa
Considering the prevalence of family-owned businesses across the continent, family offices are well placed to facilitate the protection and transmission of wealth.
04/22/2020
Lugano WM on why she started investing in venture capital
Nine years on, the firm has two offices – the Lugano headquarters and a Zurich branch
04/21/2020
Credit Suisse gets approval to take majority stake in China JV
Credit Suisse Founder Securities provides investment banking services including sponsoring and underwriting of shares and bonds and financial advisory services.
04/21/2020
Machine Learning for non-bankable asset investing
The first bridge to cross for operating non-bankable assets in a wealth management frame is to value them ex-post accurately, which is to be able to provide a reasonably accurate estimate of their price today.
04/21/2020
Quilter reports positive Q1 net flows
Approximately 98% of Quilter’s staff are now working remotely including over 200 contact centre-based colleagues servicing its UK and International platforms.
04/21/2020
Ocorian boosts funds offering with acquisition
This strategically important acquisition adds depth and breadth to our funds business
04/21/2020
Schroders Personal Wealth launches 11 offices
Schroders Personal Wealth, which is owned 50.1 per cent by Lloyds and 49.9 per cent by Schroders, requires its clients to have a minimum investable assets of £100,000 before taking them on.