06/14/2018
Wealth management goes digital
Modernity is sweeping through the wealth management industry
Wealth and Asset Management
06/14/2018
Rathbones splashes £100m buying wealth manager
All other Speirs and Jeffrey employees will transfer to the new business and integrate with existing Rathbones staff at the firm’s Glasgow office.
06/14/2018
‘Next Gen’ clients seek greener, leaner wealth managers
Younger customers demand different services, funds and approach than their wealthy parents
06/13/2018
JPMAM unveils four fixed income ETFs
TERs between 0.10% and 0.22%
06/13/2018
Morgan Stanley’s Gorman Doubles Down on Serving the Very Wealthy
Morgan Stanley is essentially a bifurcated wealth manager, he said.
06/13/2018
Nothing contingent about CoCos as returns add fuel to wealth portfolios
CoCos are not a new asset class, having been around for 15 or more years.
06/13/2018
Current themes in private wealth structuring
Another key piece of data is that billionaires in Asia are getting older which should signal significant transfer of wealth over the next two decades
06/13/2018
OppenheimerFunds Announces New Multi-Generational High-Net-Worth Research Report: "The Generations Project"
Building on the success of the firm's previous research into the investment behaviors and attitudes of wealthy Millennials, the new study is broader in scope and includes the opinions of nearly 2,000 HNW investors and advisors
06/13/2018
RBC: Redefining Legacy in Asia
RBC wealth management's 2018 Wealth and Legacy Report explores the changing needs of HNW women as they play an increasing role in wealth management and legacy planning
06/13/2018
BlackRock woos wealth managers with its risk analytics software
The software was the star of BlackRock’s biannual investor day last week.
06/13/2018
Macquarie's pain is Shaw and Partners' gain; 10 hired
Macquarie's private wealth division has endured a number of issues in the past five years.
06/13/2018
Charles Stanley boosts profits but warns of higher volatility
The company also said uncertainty around Brexit would “continue to give rise to economic volatility in the UK”.
06/13/2018
SocGen to sell Belgian private banking unit - L'echo
SocGen bought the Belgian private banking business, la banque De Martelaere, in 2001 for 78 million euros ($91.57 million), according to L’echo
06/13/2018
Swiss private bank plans expanding in Europe
Baer’s European business chief has an eye on Britain, Germany and Spain as new business matches high-growth Asia
06/13/2018
Geneva independent asset managers merge
Vaucher added the new company is looking to hire more people: fund managers, asset managers and private bankers who will bring their clients with them.
06/12/2018
Alex Fung: «We're Aggressive, But Choosy, Recruiters»
The former bond trader turned long-time Société Générale private banker was poached by Vontobel four years ago.
06/12/2018
HSBC CEO Flint says bulk of the group’s planned US$15-17b investment targeted at Asia
The bank is looking to grow wealth management business from China and Hong Kong and also rebuild its US consumer credit business
06/12/2018
Quilter listing a possible boon for investors
Quilter is the rebranded Old Mutual Wealth, which will be unbundled from the insurance group at the end of June
06/12/2018
UBS Family Office Unit Targets Asia's New Billionaire Dealmakers
The collective fortunes of China’s richest people grew by a staggering 65 percent
06/12/2018
Swiss bank Julius Baer says Europe matches Asia for new business
European and Asian customers account for roughly a quarter each of the group’s assets under management, according to sources.