08/08/2023
Monthly update: positive market momentum continues in July
Inflation provides a pleasant surprise that encourages investors, and we make some small but important changes to our positioning.
Wealth and Asset Management
08/08/2023
BCGE: Record Earnings
Half-year Group results as at 30 June 2023
08/08/2023
Top private markets firms capture $510bn of wealth market
The ten largest private markets asset managers, from Blackstone to EQT, are all trying to crack a $12tn wealth market by launching new funds and expanding into new regions.
08/08/2023
Quilter introduces additional adviser model ‘Quilter Partners’
Quilter Partners will provide an opportunity for firms to realise the value they have built up within their businesses now and at the point of exit through a sale.
08/08/2023
Piguet Galland joins the very select circle of Swiss Banks Certified B Corp™
Based on an assessment comprising almost two-hundred questions, the certification confirms that Piguet Galland meets not only societal, environmental and governance requirements, but also offers transparency towards its public.
08/08/2023
Younger generations look to switch advisers for inherited wealth
It found that many Millennials and Generation Z do not have a relationship with the adviser who currently manages the assets they stand to inherit and that this poses a "significant challenge" to advisers.
08/08/2023
Financial Times and Schroders announce new partnership for Business Book of the Year Award
The winner will receive an award of £30,000. Each book finalist will receive £10,000.
08/07/2023
Long-term management at UBS in Bern becomes independent
Thomas Steiner has been appointed partner and senior client advisor at independent Basel-based asset manager Tareno
08/07/2023
Leeds-based Progeny acquires wealth manager Fiscal Engineers as part of expansion strategy
Fiscal Engineers provides services for business owners, entrepreneurs and other individuals with substantial investment needs.
08/07/2023
Up-and-coming DFM buys London arm of Swiss family office
Dark Star, set up by ex-JPMorgan wealth managers three years ago, also plans to ‘broaden’ its investment offering with UK Oeic launch.
08/07/2023
Plan First Wealth partners with Optimise to provide cross-border tax service
Allowing clients to access US tax preparation and advice
08/07/2023
Hampden & Co reports strong client growth in the first half of 2023
Year-on-year since H1 2022, client numbers were up 13 percent.
08/04/2023
Rothschild & Co: 2023 – Half-year results release
Robust performance in a more challenging environment
08/04/2023
Investor group NewGAMe and Bruellan publishes 100-day plan for successful GAM turnaround
Investor group will not tender to Liontrust offer and recommends other GAM shareholders support NewGAMe’s turnaround plan
08/04/2023
Societe Generale: Financial Results Q2 2023
Low cost of risk at 12 basis points in Q2 23, with limited defaults and a level of provisions for performing loans of EUR 3.7 billion at end-June 2023
08/04/2023
Liontrust extends GAM offer deadline as John Ions responds to shareholder group
New deadline of 23 August
08/04/2023
Vontobel Manages Over 300 Million Francs per Advisor
On average, a relationship manager manages several hundred million francs in client assets
08/04/2023
Raworths recognised by Chambers High Net Worth Guide 2023
The recognition follows major growth for the now 24-strong TWE team, one of the largest private client teams in Yorkshire, with five new recruits this year alone.
08/04/2023
Proposed acquisition of the Belgian bank Degroof Petercam
Indosuez Wealth Management, a subsidiary of the Crédit Agricole group, announces an agreement with a view to acquiring a majority stake in Bank Degroof Petercam and a long-term partnership with CLdN, one of its core shareholders
08/04/2023
Morgan Stanley establishes a presence in Munich
Morgan Stanley is to open an office in Munich to expand its coverage of the city's industrial and IT scenes, following in the footsteps of rivals such as Goldman Sachs and Lazard.