02/10/2017
Blackstone Said to Get $1.5 Billion to Seed New Hedge Funds
The firm’s second fund for the strategy finished collecting $2.4 billion in 2011.
Wealth and Asset Management
02/10/2017
Global Alliance Wealth Management strengthens global presence with opening of new office in Tokyo
Leading alternative asset manager and wealth management provider expands global platform with approval to commence Japanese operations.
02/10/2017
RPT-Banks take bigger role in Latin America fight against tax evasion
If the banks are not involved, there's nothing the government can do or say to convince people to participate
02/10/2017
Julius Baer served with 306 million euro claim in embezzlement case
Baer is contesting the claim and taking further appropriate measures
02/10/2017
European Wealth bucks Brexit vote to post sharp increase in FUM and revenues in 2016
The company highlighted that the encouragingly strong performance came post-Brexit.
02/10/2017
Double silver win for Equiom at Citywealth’s Powerwomen Awards
The Powerwomen Awards, which champions women in the wealth sector, was held last night at London’s Rosewood Hotel
02/10/2017
Wealth managers weigh tough Brexit relocation decisions
This included whether to grow or reshape their presence in different locations
02/10/2017
Banque SYZ voted "Best Private Bank - Investment Management Platform" at WealthBriefing Swiss Awards 2017
The award ceremony was held in Geneva on 9th February 2017 and organised by ClearView Financial Media.
02/10/2017
Canaccord Genuity Group Inc. Reports Third Quarter Fiscal 2017 Results
Excluding significant items, third quarter earnings per common share of $0.03(1)
02/09/2017
HSBC Said to Seek Wealth Management Asset Acquisitions This Year
The bank is set to report full-year results later this month.
02/09/2017
Abu Dhabi fund Mubadala opposes Witkoff’s bid to lead sale of Low’s Park Lane stake
Sovereign wealth fund wants to put whole project on the block
02/09/2017
AMP announces $500m buyback as wealth division leads to $344m annual loss
In October last year, Australia's largest listed wealth company announced $1.3 billion of write-downs and losses as it grappled with issues in its life insurance division.
02/09/2017
Pictet: Dark Clouds Gather
It is the second consecutive fall in profits at Pictet
02/09/2017
Societe Generale Q4 Profit Down
The increase testifies to the pertinence of the Group’s well- balanced business model and its successful transformation.
02/09/2017
Mack International Receives 5th Nomination for Best Family Office Consulting Firm by Private Asset Management Magazine
The annual event rewards excellence and innovation for firms dedicated to private asset management.
02/09/2017
Online network aims to 'democratise' wealth management
Wealth managers and financial advice firms across the globe have signed up to the network
02/09/2017
Raymond James Opens Wilmslow Office
"This marks another great step in our expansion in the Manchester area."
02/09/2017
How to deliver a better experience for Indian investors
Penetration remains relatively low in India, given the fondness individuals feel for physical assets such as real estate and gold.
02/09/2017
BoC Best Bank for Private Banking for second consecutive year
It also confirms the lender’s successful strategy in offering bespoke solutions and integrated products and services in the area of wealth management.
02/09/2017
Bullish on consumer discretionary, industrials
The house is upbeat on consumer discretionary on back of retail demand and industrials too.