04/06/2020
Rathbones takes over £450m Barclays Wealth business
This transaction represents another success for Rathbones as we deliver on our growth strategy.”
Wealth and Asset Management
04/06/2020
Coronavirus has sparked an unprecedented level of philanthropy
By early March, it was reported that philanthropic giving to combat the coronavirus has reached unprecedented levels, already topping US$1 billion (£816 million) across the world.
04/06/2020
Banque Syz reports profit but suffers CHF 615m net outflows
Banque SYZ posts full-year 2019 net profit of CHF 7.1 million
04/06/2020
How locked down wealth managers are keeping clients in touch
Wealth managers explain how they are reassuring their clients at a time of great uncertainty over their investments.
04/06/2020
Artificial intelligence will play an increasing role in wealth management
The use of AI risks replicating the over-reliance on quantitative techniques that led to the 2008 crisis, writes Dan Tammas-Hastings
04/05/2020
The Art Market Adjusts: How global art transport and storage businesses are operating during limited mobility
In a matter of months, canceled art fairs, auctions, and exhibitions globally have brought many planned art shipments to a pause, leaving no segment of the art industry unaffected.
04/05/2020
This is a golden opportunity to show the merits of stock markets
Drastic times call for unorthodox action. That’s why we have written an open letter to UK companies showing our support during this unprecedented period, when the very raison d’etre of the stock market will be tested.
04/03/2020
UBP launches new frontier market strategy
The fund aims to take advantage of the attractive return potential offered by investments in frontier markets, due to risk premiums overestimating default probabilities and underestimating recovery values as well as to the window of opportunity offered by
04/03/2020
Why we should be paying close attention to Unexplained Wealth Orders
In both PEP cases, the NCA have demonstrated their willingness to target high profile individuals and their funds
04/03/2020
Virus Boosts Rich Asian Interest in Sustainable Investing Trend
“That is the major difference that we have seen.”
04/03/2020
HSBC PB joins female-focused network in Asia
HSBC Private Bank is one of the founding partners of the WealthiHer network in the UK and in Asia.
04/03/2020
DBS’ Marc Lansonneur on Combining Art and Science for Private Banking of the 2020s
Lansonneur begins by considering the state of play in the private banking and wealth management market in Asia, noting that there are more and more online brokerages and FinTechs competing and driving commissions down for execution and even custody.
04/03/2020
Reuss Private pays no dividends despite 27% rise in net income
‘As entrepreneurs, we are on an equal footing with our partners and customers – this is an advantage that should not be underestimated compared to the larger banks.’
04/03/2020
Laidlaw partners SpiderRock Advisors to boost investment capabilities
Laidlaw has operations in New York City that serves as its base along with London, San Francisco, Greenwich, Boca Raton, Toms River, and Melville.
04/02/2020
Hightower Makes Strategic Investment in Wellspring Associates
Wellspring, a specialist in estate planning and intergenerational wealth transfer, will act as a resource for Hightower advisors seeking estate and tax planning solutions for affluent clients
04/02/2020
The Art Market Adjusts: Alternate valuation dates for estates
The tax code has a mechanism for accounting for such estate value changes
04/02/2020
Gendered financial inequality in light of Covid-19 - comment from Close Brothers
Female workers are twice as likely to have less than £5,000 in workplace savings compared to their male
04/02/2020
Morgan Stanley Wealth picks off Credit Suisse advisers
There's never a dull moment in the highly competitive world of private banking.
04/02/2020
Wealthy U.S. Investors and Business Owners Look Hopefully to Long Term
Investors see the coronavirus subsiding by midyear, a UBS poll finds.
04/02/2020
Millennials drive asset managers to change course on ESG
Some reports have suggested £5trn globally is expected to be handed down to the next generation over the next few years.