08/25/2023
Syz to pay for external asset manager software for partners
The private bank has inked a deal with software provider Wize.
Wealth and Asset Management
08/25/2023
Close AM rethinks bonuses for newbies
CBAM changes its bonus structure to keep new wealth managers incentivised after senior Investec W&I wealth manager declined an offer from the firm.
08/24/2023
US dollar poised for a soft landing
lsewhere, their conviction in AI continues to improve.
08/24/2023
Liontrust’s bid for GAM collapses with Swiss group’s future in balance
Swiss asset manager speaks to shareholder group about bridge financing in wake of the Liontrust takeover failing to pass muster.
08/24/2023
Pictet WM sustainability head unpicks tricky ESG definitions
With sustainable investing goalposts moving all the time, wealth managers must stay on top of the changes and explain them to clients.
08/24/2023
Former First Wealth planners launch next-gen advice firm
A trio of former First Wealth financial planners have decided to set up their own advice firm – Finova Money – which will focus on serving the next generation of clients.
08/24/2023
Liontrust CEO accused of spreading ‘false rumours’ which ‘border illegality’ ahead of GAM offer deadline
Investor group NewGAMe has raised a complaint to the Swiss Takeover Board
08/24/2023
Lombard Odier reports solid half-year 2023 results: Continued growth, stability and strategic investment in the business
Lombard Odier’s balance sheet remains strong, liquid and conservatively invested, and totalled CHF 15.5 billion at end-June 2023.
08/24/2023
Van Lanschot Kempen: net profit at €51.8 million and net AuM inflows of €3.2 billion in H1 2023
Capital return proposal in the amount of €2.00 per share
08/24/2023
Urs Rohner Losses Prestigious Credit Suisse Mandate
Urs Rohner, former Credit Suisse chairman has lost what's likely his last mandate at the bank.
08/24/2023
Hubert Keller: «One was happy to fall back on Credit Suisse»
Operationally, the business of Lombard Odier in the past half year looks unspectacular.
08/24/2023
Andrew Cumming named “Outstanding in field" in The Spear’s 500
The Spear’s 500 is the indispensable guide to the top private client advisers, wealth managers, lawyers and service providers for HNW individuals
08/23/2023
SJP defends loan levels by stating adviser defaults are 'low'
It takes a number of measures to keep defaults low, with its latest set of accounts showing that over the past decade only 0.05 per cent of loans were not repaid.
08/23/2023
Raiffeisen Boosts Profits as All Units Contribute
It benefitted greatly from increased interest rates.
08/23/2023
Tenet to cut staff amid network closure
While the business anticipates there will be a small number of redundancies, it is looking minimise this and will be communicating with its staff.
08/23/2023
Liontrust to lose FTSE 250 spot in reshuffle as abrdn drops out of FTSE 100
FTSE UK Index series quarterly review
08/23/2023
Liontrust has ‘messed up’ Gam takeover, experts warn
Under the leadership of John Ions, the firm’s assets under management have grown from £1bn to more than £31bn over the past 13 years.
08/22/2023
Evelyn Partners agrees terms for new prestigious Bristol office at landmark EQ building
The office will provide flexibility for colleagues to work both at desks and in collaborative areas.
08/22/2023
Supporting many of the world’s leading families and wealth creators across generations and geographies
Wealth Planning UK – seeing you through the uncertainty of divorce
08/22/2023
Brooks Macdonald partners with family business group
The firm joins forces with Family Business United to provide family business members with financial planning and investment management support.