04/27/2018
Are bonds losing their place in multi-asset funds?
This will both undercut the demand and boost the supply, majorly tipping the scales towards a downturn in prices.
Wealth and Asset Management
04/27/2018
EFG International holds its Annual General Meeting and comments on business performance
EFG intends to repurchase shares from the market to fund its employee incentive plans.
04/27/2018
Coutts boosts operating profit in strong first quarter performance
Assets under management increased £2.5bn (14%) through a combination of business transfers (CIFL AuM portfolio in / CCD and Jersey booked balance out), and organic growth.
04/27/2018
StarCapital acquires Germany-based asset manager
The team comprises three investment specialists, all of whom will join StarCapital.
04/27/2018
New Wealth Management Report: Dare to be Different
The equity market correction and volatility spike in February 2018 may be an early indicator for the approaching end of the decade-long bull run in equity markets.
04/27/2018
More Family Office Look Offshore
Jersey is part of the free movement area in the British Isles, and is not part of the European Union.
04/27/2018
Swiss National Bank flummoxed by its soaring share price
Some have said buyers are using the shares as a substitute for ultra low-yielding bonds
04/26/2018
Another Bank Bets Big on Wealth Management
Bank of the West Wealth Management Group opened its first office in New York and has plans to add 100 advisors across the country in the next three years.
04/26/2018
Barclays posts loss after taking hit from PPI claims and settlement over US fraud case
Litigation and conduct charges included a £1.4bn settlement with the US justice departement and £400mln for payment protection insurance claims
04/26/2018
Lego Wealth Fund Is Getting Out of the Tanker Business
“Kirk Kapital has decided to phase out the firm’s shipping activities,” Chief Executive Officer Kim Gulstad said in a statement. “We therefore need to find a good moment to sell the five product tankers.”
04/26/2018
Wembley Stadium sold to American billionaire for £800m?
While a deal has not yet been agreed, an FA spokesperson has told Sportsmail that a potential sale is in the pipeline: ‘We can confirm that The FA has received an offer to buy Wembley Stadium.’
04/26/2018
Winners of Private Banker International Germany Awards 2018 revealed
The winners were carefully selected by an independent judging panel and PBI Editorial team members.
04/26/2018
Jupiter warns over continued volatility threat
“With that in mind our view is that the Fed will raise rates another two to three times and that will be it.”
04/25/2018
Van Lanschot Kempen trading update: first quarter 2018
The range of products available to Private Banking and Asset Management clients has been expanded further in recent months
04/25/2018
VP Bank and LLB Implement Thomson Reuters Wealth Management Solution
The relationship managers in private banking at the two banks will gain access to the most up-to-date information from the relevant financial markets including various asset classes.
04/25/2018
Credit Suisse Reaps Wealth Management Rewards as Assets Soar
Credit Suisse added net new assets at 7.5% rate in quarter
04/25/2018
7IM hires Rathbones director to launch Jersey office
‘We continue to see strong demand in Jersey for our discretionary investment services and platform.
04/25/2018
City sentiment on Britain takes a turn for the better as wealth firms devote more of their portfolios to UK shares
UK shares have remained unloved relative to the majority of other equities markets around the world since June 2016
04/24/2018
St. James's Place first-quarter funds under management up 13% on-year
Andrew Croft, Chief Executive, commented: "After a record year for new business in 2017, we have maintained momentum in the first quarter of 2018."
04/24/2018
Geneva Private Bank to Buy Asset Manager
The acquisition will increase assets under management at BPDG to about three billion Swiss francs.