02/02/2017
Western Europe: Rothschild & Co bulks up in private banking
CEO seeks to ease regulatory hit; merger doubles French business.
Wealth and Asset Management
02/02/2017
Brazil’s locals consolidate and fight for offshore
The two dominant wealth management operations, Itaú and Bradesco, bought the Brazilian banks of Citi and HSBC respectively.
02/01/2017
UBS’s Rich Clients Worth $2.1 Trillion Warm to Emerging Markets
Unprecedented central-bank stimulus sparked a global hunt for higher returns last year, driving demand for developing-nation assets.
02/01/2017
Julius Baer’s AUM reach record levels
The Board of Directors intends to propose to the Annual General Meeting of shareholders on 12 April 2017 to increase the ordinary dividend by 9% to CHF 1.20 per share.
02/01/2017
Wealth firm buys assets of London IFA for £1.2 million
The success of our acquisition strategy and our ability to integrate numerous acquisitions was set out in the statement on our full year results.
02/01/2017
Oddo & Cie and M&A boutique Messier, Maris et Associes form joint venture
Oddo & Cie and Messier, Maris et Associes said their exclusive joint venture would keep the two companies autonomous although they declined to say how revenue would be split.
02/01/2017
Ch-ch-ch-changes in wealth management
The modern-day investors are much more savvy and better informed, and they prefer to have at least three or four specialist wealth managers looking after part of their money.
02/01/2017
Bill Gates is going to become the world’s first trillionaire
We could get our first trillionaire in the next 25 years
02/01/2017
BlackRock US ETF business tops $1 trillion in assets for 1st time
Demand for ETFs has so far survived debate over the durability of the funds during market stress
02/01/2017
Chubb Launches Services in Canada for High Net Worth, Family Office Clients
Canadian homeowner customers with residences in the United States are familiar with Signature Suite.
02/01/2017
Cash held by global fund managers on the rise, BoAML survey
When the cash balance falls below 3.5%, a contrarian sell signal is generated.
02/01/2017
Private Banking Meets Cross-Selling for JPMorgan’s Wealthy Clients
There’s nothing illegal about cross-selling.
02/01/2017
Vontobel Asset Management selects SimCorp Coric to Automate Client Communications and Fund Reporting Processes
Vontobel will deploy SimCorp Coric as a hosted solution via Microsoft Azure
02/01/2017
Tax reforms will keep Switzerland a top corporate location
Switzerland’s tax system faces criticism
02/01/2017
Understanding Trump is key to your investment strategy: Julius Baer CEO
The automatic information exchange on financial accounts is a new global rule that aims to cut tax evasion.
01/31/2017
Investors rush to invest in ‘safe assets’ after political upheaval
The initial shock of the outcome was also damning for the Property sector, as investors rushed to withdraw assets.
01/31/2017
Macro focus damaging returns in EMs
The multi-asset team have been adding to their emerging market exposure for more than a year.
01/31/2017
Wall Street's Sallie Krawcheck has a message about diversity
The news of her dismissal was leaked to CNBC before her firing was finalized, she wrote in her new book.
01/31/2017
Are Wealth Management Firm Owners Missing an Opportunity?
At our recent M&A Leaders Forum event, acquirers told us that they’re being much more selective as they consider which firms to target.
01/31/2017
SJP to launch Rowan Dartington in Asia by end of June
St James’s Place is set to roll out services from discretionary fund manager Rowan Dartington across its Asian operations during the first half of this year, according to Mike Gravestock, international partnership director.