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Wealth and Asset Management

06/19/2020

Private banks to boost hiring to manage Greater China offshore wealth - sources

Demand for private bankers for the so-called Greater China desks in Singapore has been rising since last year as pro-democracy protests in Hong Kong pushed some clients to consider alternate locations for parking their wealth.

06/19/2020

The Wealth Management Industry May Need to Reevaluate Business Models

Globally, personal financial wealth has nearly tripled over the past two decades, rising from US$80 trillion in 1999 to US$226 trillion at the end of 2019.

06/19/2020

Chase de Vere reveals £3.85m IFA acquisition

Firm says that its ‘actively looking’ for other businesses to join its operation

06/18/2020

Why we think the recovery will be U-shaped

We've gone from predicting a V-shaped recovery to a U-shape, given the difficulties of lifting lockdown.

06/18/2020

Strong May helps wealth managers cut year’s losses to single digits

All of ARC's four private client indices recorded their second consecutive months of positive performance in May, as the sharp rebound from the mid-March lows continued.

06/18/2020

CS and UBS investment banking and WM earnings could drop, says SNB

‘Both of the globally active Swiss banks are well-placed to face the challenges posed by the current difficult environment and support the real economy,’ according to the report.

06/18/2020

Morgan Stanley to Reopen About 50 Branches Next Week

New cases have accelerated in some areas where restrictions have been lifted, and public health officials have expressed concern over the possibility of a resurgence of the virus.

06/18/2020

Transferring wealth: Establishing trusts for multigenerational succession planning

Due to the excellent and professional experience the client had with Vistra, the Settlor of the Trust decided to contribute additional trust funds to the structure.

06/18/2020

How companies can continue to stay relevant in the WealthTech market

GBST was founded back in 1983, when the financial technology sector was still embryonic

06/18/2020

Magdalena Różycka shortlisted at the Top Woman in Real Estate Awards

Magda is a seasoned professional with nearly 20 years of valuable experience in the area of accounting, financial reporting and international taxes.

06/17/2020

True Wealth: Inflow of Assets, Outflow of Staff

The boost is not only a consequence of the corona-crisis though.

06/17/2020

Union Bancaire Privée forms strategic partnership

This partnership will thus enable UBP’s flagship asset management strategies to be marketed in Australia

06/17/2020

Midwest Financial Partners goes independent and launches RIA Octavia

The business will be staffed by 35 employees. They will cater to clients from offices located in Cincinnati, Los Angeles, San Diego and Miami.

06/17/2020

Consolidator makes ninth acquisition

In November 2019, it was in active discussions with more than 20 local IFA firms.

06/17/2020

WealthManagement.com Industry Awards Finalists Announced

The finalists for the 2020 “Wealthies” include 155 companies across 73 categories to be recognized this year at a live, digital awards ceremony.

06/17/2020

Wealth manager launches £20m global equity fund

The fund will be managed by the Equilibrium investment team and launched on Monday (June 15).

06/16/2020

Vistra launches multi-disciplinary advisory programme ‘Act. Recover. Thrive’

Helping businesses, funds and investors navigate through disruption in a challenging economic environment so they build greater resilience during times of crisis

06/16/2020

COVID-19: Private wealth managers entered recession in good nick

The cost-to-revenue ratio also improved after a couple of stagnant years, driven mostly by higher revenues significantly outpacing growth in costs.

06/16/2020

IWP acquires Richmond House Wealth Management

Richmond House Investment Management will add to the scale and depth of investment management expertise across the IWP group.

06/16/2020

Tatton eyes asset management expansion as inflows and profit soar

The group hopes to capitalise on a strong year to become a ‘true asset manager’.

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