07/27/2018
Asset managers wobble as trade tensions hit client sentiment
BlackRock sees outflows from active, passive equity
Wealth and Asset Management
07/27/2018
Swiss bank Vontobel raises mid-term goals as assets under management rise to record
The 94-year-old bank is increasing its 2020 profitability target
07/27/2018
Schroders' Brookes: Brexit Stops Me Buying UK Stocks
UK equities are attractive, but Brexit uncertainty is stopping Schroders' head of multi-manager Marcus Brookes from backing them for now
07/27/2018
UBS Is Cutting Dozens of Staff in Wealth-Management Revamp
The bank announced higher second-quarter profit for global wealth management this week, which helped offset the surprise withdrawal of assets by clients.
07/27/2018
Bellevue: First-Half Profit Hike
Managed client assets reached 12.7 billion francs my mid-year, a record level.
07/27/2018
Rothschild to close Singapore WM office
Clients will be able to choose to have their assets transferred to either the company’s Hong Kong or Zurich branch.
07/26/2018
Credit Suisse’s NEXT Investors fund raises US$261 million
Switzerland-based Credit Suisse AM had $410 billion of assets under management as at March 31, 2018.
07/26/2018
UBS wealth merger hits goals as investors press for returns
At the investment bank, surging equities and foreign-exchange trading helped the unit led by Andrea Orcel beat estimates.
07/26/2018
UBS executive overseeing more than $800 billion reveals her top five rules for investing
Harford started her finance career at Merrill Lynch & Co. in investment banking.
07/26/2018
Wealth management & the Philippines: Experts shine light on the future path
The Asian Development Bank currently forecasts that the country’s GDP will grow by 6.8% in 2018
07/26/2018
Dukascopy Ventures into Wealth Management to Diversify Offering
The business structure allows investors earn income through acting as a liquidity provider on the SWFX.
07/26/2018
How RBC aims to fire up organic growth
At the same time, technology is changing the business.
07/26/2018
Schroders sees AUM drag from asset management division
Lack of new business
07/26/2018
EFG International launches share buyback programme
The repurchased shares are used to fund restricted stock units relating to employee incentive plans.
07/26/2018
Millennial generation most interested in investing to make a positive impact on the world, but older generation needed more urgently
Barclays is a sponsor of a global coalition of over 1,000 collaborators, The Impact Management Project, collaborating to establish shared fundamentals on how to talk about, measure and manage impact for investors.
07/26/2018
Ryley Wealth Management reports continuing strong growth
Turnover for the year to December 2017 increased by 45% to £2.9M and over the same period increased the clients’ funds under management by £55M.
07/26/2018
Brooks Macdonald sees discretionary FUM reach record £12.4bn
Our organic growth has been largely driven by the depth of the relationships we have built with our clients and the adviser
07/25/2018
Consolidator buys London advice firm
Progeny surpasses £1bn in assets under management with the deal, which is part of its “acquire to hire” expansion strategy looking to expand in London and the South East.
07/25/2018
Butterfield Reports Second Quarter 2018 Results
Results for the second quarter of 2018 included a release of provision for credit losses of $0.5 million compared with a release for credit losses of $1.9 million in the previous quarter and a provision for credit losses of $0.5 million in the second quar
07/25/2018
Transition planning for HNW families in the new era of compliance and transparency
Whatever the asset – whether financial, collectible or property – the transition of such assets from the founder to the second generation and beyond, or from spouse to spouse, or to other members, is an area fraught with difficulty.