05/09/2018
Schwab ramps up RIA tech and digital innovation
Teams will be tasked with developing better digital experiences for retail investors and advisors. The firm did not disclose the amount it was investing in developing these hubs.
Wealth and Asset Management
05/09/2018
Schroders launches first fund investing purely in onshore China
Through our investment lens, we are able to identify exciting opportunities in the dynamic mid to small cap space
05/08/2018
Seizing the Global HNW Expat Opportunity takes centre stage
According to the company’s latest report, ‘Seizing the Global HNW Expat Opportunity’, 65% of wealth managers target HNW expats.
05/08/2018
Citi Private Bank Hails Fernando Alonso’s Superb World Endurance Championship Debut Race Win
His triumph could barely have been more dramatic, with his Toyota TS050 Hybrid crossing the finish-line just 1.4 seconds ahead of the next car.
05/08/2018
Morningstar Launches Morningstar Direct for Wealth Management
Morningstar Direct for Wealth Management addresses the challenges wealth management professionals face including organizational alignment, disparate technology solutions, and changes in the regulatory environment.
05/08/2018
How Morgan Stanley’s Gorman Overhauled Wealth Management to Help the Whole Organization
The wealth management division was responsible for less than 25% of the company’s revenue in 2005, but since Gorman took over that has continually increased.
05/08/2018
Pimco, BlackRock and Cap Group ramp up model portfolio push
There are some obvious ways to respond to this, of course.
05/08/2018
Boris Collardi Waves Goodbye to the Red Carpet
Pictet also needs to grow in Asia – something even the bank quietly concedes.
05/08/2018
Wealth in Thailand: ready for the next big step forward?
The same banker argued that despite this influx of competition, the universal Thai banks do not consider this much of a threat to the major local banks and wealth firms.
05/08/2018
Standard Life Aberdeen disputes Lloyds 'right' to pull £109bn Scottish Widows portfolio
SLA claims it is not a 'material competitor'
05/08/2018
UBS Wealth Management sets up London-based high-net-worth team
This resource commitment is bearing fruit and we take tremendous pride in achieving growth milestones like we have today.
05/08/2018
With 1.2 million HNW expats, wealth managers must offer tailored products, says GlobalData
As a result, wealth managers have been eager to differentiate themselves from the competition by focusing on particular segments of the market.
05/08/2018
Everbright Sun Hung Kai launches new account to compete head-on with private banks
Asset Power Account will allow existing or new customers with assets worth a minimum of HK$8 million (just more than US$1 million) to invest across a range of services
05/08/2018
China penalises three banks for improper wealth management
Besides amending the regulatory standards for asset management services, the new rules address other relevant issues.
05/07/2018
Goldman's $1 Billion Bankers Are Benchmark in Asia's Wealth Race
The rising pools of wealth partly reflect the sheer volume of rich individuals being created in Asia, a region that’s home to more millionaires than North America.
05/07/2018
Urgent need for more holistic approach to wealth management
To help Malaysians understand comprehensive wealth management, its issues and developing opportunities, Harveston Financial Group will be holding the country’s first integrated holistic wealth management conference on June 9
05/07/2018
Investing Canvas: Many Planners Add Art Valuation to a Portfolio Conversation
Art partnerships offer some little-understood advantages
05/07/2018
UK’s oldest bank taps 32-year-old as new partner
Looks to inject ‘millennial thinking’ into venerable institution
05/04/2018
BTG Pactual’s wealth business posts record inflows
This brings its total wealth assets to 100.2 billion reals ($28.3 billion), up 15% compared to the fourth quarter of 2017.
05/04/2018
UBS Becomes First Global Bank to Take Advantage of China Opening
UBS said in a separate statement it aims to raise the stake in its China venture to 51 percent, up from the current 24.99 percent.