10/28/2020
Prudence Urged As Families Transfer Wealth Ahead Of The Biden Blue Wave
Biden has announced several proposals to raise taxes on high-income people and businesses.
Wealth and Asset Management
10/28/2020
Mizuho veterans launch green energy-focused firm
New boutique will target developments designed to aid transition to green energy.
10/28/2020
Butterfield Reports Third Quarter 2020 Results
The core return on average tangible common equity for the third quarter of 2020 was 16.2%, compared to 15.5% for the previous quarter
10/27/2020
HSBC Holdings plc 3Q 2020 Earnings Release
Results in 3Q20 included our share of an impairment of goodwill by our associate, The Saudi British Bank (‘SABB’), of $0.5bn.
10/27/2020
St James’s Place net inflows slow amid ‘challenging’ environment
Funds under management at record high of £118.7 billion
10/27/2020
UAE bank unveils wealth offering for emerging affluent clients
It is an ‘increasingly important segment’ that is ‘expected to grow 5% per year’
10/27/2020
Weatherby’s questions ‘home bias’ of UK stock market investors
Many investors are guilty of ‘home bias’ – having too much money in their own nation’s markets relative to the size of that nation’s market in global terms.
10/27/2020
Charles Stanley adds 5-star managed portfolios to AJ Bell platform
AJ Bell announced the first third-party Managed Portfolio Services to be added to its adviser platform in August, to sit alongside the AJ Bell MPS.
10/27/2020
UBS teams up with VC firm and launches CHF 180m fintech portfolio
UBS Next will invest directly into early-stage fintechs and other tech firms.
10/27/2020
Rothschild & Co AM signs distribution agreement for alts Ucits platform
As a result, the fund management company will take over the InRIS alternative Ucits platform, becoming the exclusive distributor.
10/27/2020
Fairstone chalks up another acquisition, adding 850 clients
A client agreement accessible on Fairstone’s website reads: “Information provided by Fairstone Private Wealth may form part of a recommendation we make to you.
10/27/2020
ZEDRA’s Eyes Firmly Set on Rapid Asia Growth amidst Global Expansion
Bart comments that the whole evolution of trust and trust services in Asia is set against an increasingly difficult and onerous regulatory environment worldwide.
10/27/2020
From rugby star to financial adviser
SJP partner practice owner says targeting the sporting sector for future employees ‘is a no brainer’
10/26/2020
UBS’s Ermotti Says Reviving Payouts Best Part of Reign as CEO
UBS also has to navigate its return to paying dividends after a de-facto ban on payouts for Europe’s banks.
10/26/2020
WH Ireland posts first interim profit for five years
Our Wealth Management business has remained operationally robust despite the significant market falls in March
10/26/2020
Asia’s Richest Banker Explores Takeover of IndusInd Bank
Billionaire banker Kotak said to mull all-stock acquisition
10/26/2020
IQ-EQ named Best Independent Trust Company in 2020 WealthBriefing European Awards
In selecting IQ-EQ as winner, the judges commented that they were not only impressed by the scale and breadth of our global service offering, but by our innovations in technology.
10/26/2020
Activist shareholder calls for cost overhaul at SJP
SJP has frequently come under fire for its policy of rewarding partners with lavish perks such as cruises
10/26/2020
Icapital Network targets expansion in Europe and Asia
iCapital currently has US$8bnfrom non-U.S. investors, making it one of the largest alternative investment platforms outside the U.S.
10/26/2020
Coutts joins forces with BlackRock for low-fee fund launches
The deal with the $7.8trn (£6trn) asset management behemoth is part of an ongoing strategy to reduce fees for clients.