10/17/2019
GAM Holding AG: Interim management statement for the three-month period to 30 September 2019
In multi asset, net outflows totalled CHF 0.3 billion, driven by redemptions from institutional and private clients.
Wealth and Asset Management
10/17/2019
Deutsche's Wealth Head Seeks Growth in Turmoil
Campelli, who previously hammered out strategy for investment banker and former co-CEO Anshu Jain, has considerable resources.
10/17/2019
Singapore Wealth Managers Merge
The firm's investment team will be led by co-chief investment officers Sylvain Baude and Oliver Destandau
10/17/2019
Wealth Advisor snaps up CPIC International
Acquisition expands EP Wealth’s presence in the San Francisco Bay area and bolsters in-house investment management expertise
10/16/2019
Credit Suisse Looks to Add More Advisers to Billionaire Clients
The international wealth business has focused on Latin America, Europe, the Middle East and Africa and was led until recently by Iqbal Khan, who moved to UBS at the beginning of this month and was replaced by Wehle.
10/16/2019
JPMorgan wealth income dips in third quarter
JPMorgan chairman and CEO Jamie Dimon said that in “Asset & Wealth Management, both AUM and client assets were a record helped by strong net inflows into long-term and liquidity products”.
10/16/2019
Banca Generali completes the acquisition of Valeur Fiduciaria S.A.
The deal is part of Banca Generali’s wider private-banking internationalisation and growth strategy launched with a view to strengthening the range of services offered
10/16/2019
Arbuthnot wealth planning fee shake-up hits profit
Arbuthnot’s wealth planning division is on course for a full-year loss following a shake-up of the company’s fee structure this summer
10/16/2019
Next Gen: Camilla Cecil, James Hambro & Partners
This week we chat to Camilla Cecil, portfolio manager at James Hambro & Partners. We found out what her worst investment decision was living in London as well as what three unusual people she would invite to dinner.
10/16/2019
A Call to Arms: Wealth Managers in Asia Must Adapt Now to a Brave New World
However, unless the industry heeds the inevitability of commission compression – private banks in Asia still extract a very large portion of their revenues from product sales and execution – there is a significant risk of a profits implosion.
10/16/2019
New wealth management service opens in Kendal
I want to build a long-term opportunity for people who do not want to experience a high turnover of individuals managing their investments.
10/15/2019
BNY Mellon's Pershing Unveils New, Centralized Portal for Investment Managers
The new portal enables clients to easily manage and deliver models
10/15/2019
Money pours into Ashmore Group despite dollar woes
Net inflows at Ashmore Group reached $2.4 billion in the three months to the end of September.
10/15/2019
PIMFA Women in Wealth Forum Encourages Culture Changes to Help Improve Gender Equality in Finance
Anita Rolls, Founder of So What Do You Do, led a practical, interactive session that looked at key trends disrupting today's world of work, the implications this has for individuals, and how they can capitalise on opportunities.
10/15/2019
Schroders assets under management rise comfortably in first three quarters
The growth was driven by an increase in assets across its asset management and wealth management units
10/15/2019
Serial acquirer expands UK presence with double deal
The deals were part of Fairstone's downstream buy out model
10/15/2019
UBP launches new technology-focused equity long/short strategy on alt UCITS platform
The strategy will utilise a fundamental approach, while research will rely on two main pillars, namely technological innovation and consumer behaviour.
10/15/2019
Swiss private bank issues profit warning
BPDG’s gross assets were CHF 2.9 billion on 30 June, an increase from CHF 2.8 billion a year before.
10/14/2019
Did the Fed just restart quantitative easing?
Another round of formal trade discussions between the US and China kicked off this week
10/14/2019
Why family funds make for sound wealth management structures
There is a variety of structures families can choose to commit their assets to, each with its own attributes and uses.