04/17/2019
Many EMEA ultra-high net worth investors remain optimistic about global markets despite ongoing volatility
Like many of the ultra-high net worth clients we surveyed we’re also mostly positive on equities for 2019
Wealth and Asset Management
04/17/2019
Swiss Bankers Head for China
The project has been received skeptically by the U.S. Switzerland's role isn't clear – the memo won't be made public until the pact is inked later this month.
04/17/2019
Asian Worries for Private Bankers
Credit Suisse had $205.1 billion in client assets and 580 relationship managers at the private-banking business.
04/17/2019
Envestnet Selects INVENT for Systems Architecture and API Strategy Partnership
Innovative software development consulting firm will help service and deliver Envestnet's OpenENV API for Enterprise Clients
04/17/2019
BofA Wealth Unit Boosts Profits 14%; No Plans to Sell Retirement-Plan Ops
Some 11% of new client relationships for Merrill advisors came from referrals in other parts of the bank in 2018, and that level could rise this year.
04/17/2019
Butterfield to Announce First Quarter 2019 Financial Results on April 25, 2019
Butterfield executives will also host a conference call for investors
04/17/2019
Nomura: Refining the Wealth Management Proposition for Asia’s UHNWIs
The firm focuses on ultra-high-net-worth-individuals and the upper end of HNWIs, tailoring advice and solutions.
04/17/2019
GAM Bleeds Assets
Subject to the successful execution of the above, a final distribution will be made to clients as soon as possible
04/17/2019
Quilter assets under management increase despite market challenges
The firm saw net outflows of £200m in the quarter, down from £1.6 inflows in the first quarter of last year.
04/17/2019
BNPP AM aims for new client segment in Malaysia
The firm is in discussions with a local asset manager to white-label its products for retail and wholesale clients.
04/17/2019
UBP partners with US alts firm to launch long/short credit strategy
‘At this point in the cycle, we believe that there are a lot of opportunities for a long/short strategy in credit.
04/16/2019
Lombard Odier wins three leading European awards
The awards are conferred by a panel of judges brought together by WealthBriefing, a premier news, features and information source for the global wealth management sector
04/16/2019
Morgan Stanley pushes in Asia with hiring drive
This typically results in a compensation to revenue generated ratio that is two to three times higher than under a discretionary model, a former private banker told the publication.
04/16/2019
Goldman Expanding Wealth Management to the Masses
“We will pursue partnerships to engage the mass market,” Goldman Chief Executive David Solomon said on a conference call with analysts after the company reported first-quarter results that failed to meet analysts’ revenue expectations.
04/16/2019
Credit Suisse: Iqbal Khan's Gamble
The 43-year-old's name surfaced with the entrance of ex-Credit Suisse banker Romeo Lacher as chairman at Julius Baer, as finews.asia reported.
04/16/2019
SEI Welcomes 7,400 Advisor Clients to the SEI Wealth Platform
Landmark Milestone Underscores Strength and Success of SEI's Global Wealth Management Solution
04/16/2019
Northern Trust Asset Management Seeks Minority-Owned Broker-Dealers as Part of Diversity Commitment
Diversity is foundational not only to how we do business, but to how we invest, said Chief Investment Officer Bob Browne, CFA.
04/16/2019
Wealth Management in the Philippines: Opportunities and Challenges in Abundance
They both summarised Allfunds, its digital platform and its relevance for wealth managers in the Philippines and the wider region.
04/16/2019
Kingswood Holdings loss narrows following cost reductions
Gary Wilder, Kingswood's group chief executive, said: "Since Patrick Goulding and I have taken over day-to-day management control at the board's request earlier this year, we have now implemented the significant changes that were originally
04/16/2019
JPMorgan’s FA Ranks, Wealth Management Revenue Grow Slightly
By the end of this year, the company plans to have around 6,500 advisors globally