04/13/2018
How the world’s wealthiest keep it in the family
This idea filtered down to the aristocracy, giving rise to the concept of “stewardship”.
Wealth and Asset Management
04/13/2018
Here comes Citi ...
The first-quarter results are expected to be smoother and more constructive for banks in general.
04/13/2018
LGT taps Appway to digitalise client lifecycle management
The vendor said that its platform will support internal collaboration across the bank’s various units by orchestrating its systems and applications, including the Avaloq core platform.
04/13/2018
Morgan Stanley Wealth stalks JBWere; WAM sets global fund parameters
Among the options being considered for JBWere were a full or partial management buyout.
04/12/2018
Paulina Mejia Honored by Crain’s New York Business as one of the ‘Notable Women in Finance in NYC’
Ms. Mejia is also a member of Trusts & Estates magazine’s Family Business Committee.
04/12/2018
UBS Tops Ranking as Private Banks in Asia Expand Assets 29%
Assets under management in the region exceeded $2 trillion
04/12/2018
LGT implements digital client lifecycle management process with Appway
Beginning with the first project phase in April 2018, LGT will introduce an optimized customer onboarding process for its Liechtenstein head office as well as its private banking branches in Switzerland, Austria, Singapore, and Hong Kong.
04/12/2018
Coutts launches private networking site exclusively for clients
The only, yet important entry criterion is that the user must be an existing client of the private bank.
04/12/2018
Credit Suisse loses Asia equity banker to BAML
Sunil Dhupelia, a syndicate banker who has resigned from UBS, will be a replacement for Highfield’s position.
04/12/2018
Fidelity Overhauls Wealth Management Fees
When the changes go into effect in July some new clients will pay less as a result but others may pay more, according to regulatory filings cited by the Journal.
04/12/2018
JOHCM launches global multi-asset income fund
It will have an annual management charge of 0.65% for 'A' shares and 1.75% for 'B' shares.
04/12/2018
Wu Dao Wealth announces brand strategy
The strategy both addresses and supports the transformation taking place across China's wealth management industry
04/11/2018
Ex-Citi and Safra directors launch $1bn wealth manager in Brazil
The trio runs the venture together and manages assets for six Brazilian families in the ultra-high net worth investor segment, Coutinho told Citywire Americas.
04/11/2018
Liontrust assets hit £10bn after ATI acquisition
Chief executive John Ions said the acquisition had positioned the firm with ‘not only with critical mass but a fantastic track record from a long established team.
04/11/2018
US firm Raymond James ‘discussed shifting London brokerage to Frankfurt’
The wealth manager and investment banking firm opened its office in the German city last summer.
04/10/2018
City frets that Rathbones’ tilt at Scottish wealth manager could prove too costly
The deal would value Glasgow-based Speirs & Jeffrey at nearly 28 times earnings — against a valuation in the sector of between 15 and 20 times.
04/10/2018
Group Financial Statements 2017 of Valartis Group
All payments 2017 from escrow accounts from the 2016 sales transactions were made in whole and without restrictions.
04/10/2018
UBS Goes Green in Asia
UBS' Crisis of Identity
04/10/2018
Six Common Wealth Transfer Pitfalls
Entitlement and lack of familial ties are two of the many threats to successful generational wealth transfers.
04/10/2018
Fairstone poised to buy nine IFAs this year
Fairstone is set to acquire IFA firms in Leicester and Stockton-on-Tees and anticipates it will line up seven more acquisitions this year.