03/25/2019
Hayne commission leaves banks' wealth plans in disarray
Commonwealth Bank this month indefinitely suspended a plan to float its wealth and mortgage broking business
Wealth and Asset Management
03/25/2019
Managing millions, making little: Can wealth management start-ups succeed?
Managing millions, making little: Can wealth management start-ups succeed?
03/25/2019
7IM overhauls pricing for HNW clients
The fee cut will apply to both existing and new business, giving potential clients’ access to 7IM’s unique proposition - which is set apart from competitors thanks to its integrated highly-flexible model - for a much lower price.
03/25/2019
Onex swoops on wealth manager
Gluskin Sheff is one of the largest and most respected independent wealth management firms in Canada
03/25/2019
UBS, Morgan Stanley and Others Add OZ Tax-Break Vehicles to Wealthy Client Offerings
We have been evaluating numerous third-party funds
03/25/2019
UBP hands Asian equities CIO newly-merged strategy
Michiel van Voorst, who has served as Asian equities CIO since he joined the firm in January 2018, will be in charge of the merged fund.
03/25/2019
Leeds-based wealth manager acquires London IFA
The purchase follows TPO’s acquisition of PQR Financial Planning in 2016, which added 23 staff including 11 advisers and £250m funds under management.
03/22/2019
Which Swiss Bank Pays the Most?
Still, even if wages have come down slightly at Vontobel, they will still be by far the highest.
03/22/2019
Top five GAM shareholders nurse losses of $840m
T Rowe Price, UBS, Credit Suisse, Kiltearn and Silchester hit by 80% fall in Swiss manager’s shares
03/22/2019
St James’s Place defends Woodford’s record on its own funds
Wealth manager hits back at veteran investor’s critics
03/22/2019
Credit Suisse Boosts Thiam's Pay 30% After Turnaround Ends
Thiam is rewarded after taking a cut last year amid losses
03/22/2019
Deutsche Bank launches European wealth offensive
The bank will reduce the number of market heads to six, from 14 previously.
03/21/2019
UBS to cut 2019 costs by $300m
The investment bank now expects to achieve mid-single-digit adjusted returns on attributed equity for the first quarter, compared to its 15 per cent target over the 2019-2021 period and 12.9 per cent achieved in 2018.
03/21/2019
Creating Unique Strategies
“There are two key elements that we factor in to our approach,” Lee begins, “at EFGAM, we believe that asset allocation is the key to constructing any portfolio as asset allocation can explain 90% of a portfolio’s performance.
03/21/2019
Wealth transfer plans not high on the agenda for Brits
Quilter research shows it is something rarely being discussed or planned
03/21/2019
Phoenix Financial PR shortlisted as Communications & PR Agency of the Year
Phoenix collected the Silver Award in the ‘PR Agency of the Year’ category at the inaugural Brand Management & Reputation Awards in 2016, and the Gold Award in the same category a year later.
03/21/2019
Market pressure blurs the line between US asset and wealth managers
Should regulators step in? Time will tell and no doubt there will be some bad actors
03/21/2019
UBS Widens Sustainability Label
2018 was the year when sustainability went mainstream at UBS
03/21/2019
UBS Reports Progress in Sustainable Investing and Philanthropy
At the Global Wealth Management division, its 100% sustainable cross-asset portfolio tripled in size since its launch in January 2018
03/21/2019
Canaccord Genuity buys wealth management firm
It is expected that the acquisition will be immediately accretive to the Company's adjusted earnings1.